Eye Catching Stocks: Antero Resources Corporation (AR), LaSalle Hotel Properties (LHO)

Antero Resources Corporation (AR) failed to extend gains with the stock declining -0.77% or $-0.19 to close the day at $24.64 on active trading volume of 4.04M shares, compared to its three month average trading volume of 3.16M. The Denver Colorado 80202 based company has been outperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock gaining 0.24%, compared to the industry which has advanced 23.7% over the same period. With RSI of 34.07, the stock should still continue to rise and get closer to its one year target estimate of $34.04, making it a hold for now.

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2014, the company had 543,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It also owns and operates 153 miles of gas gathering pipelines in the Marcellus Shale; and 96 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado. Antero Resources Corporation operates as a subsidiary of Antero Resources Investment LLC.

LaSalle Hotel Properties (LHO) climbed 1.9% during last trading as the stock added $0.46 to finish the day at $24.66 with about 1.68M shares changing hands, compared to its three month average trading volume of 1.47M. The $2.8B market cap company, which fluctuated between $23.81 and $24.74 during the day, currently situated 37.43% above its 52 week low of $19.01 and -13.63% away from its one year high of $30.23. The RSI of 55.74 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. It owns 34 hotels, totaling approximately 9,200 guest rooms in 15 markets in 11 states and the District of Columbia. The company qualifies as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal corporate income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1998 and is based in Bethesda, Maryland.

 

Trader’s Round Up: Superior Energy Services, Inc. (SPN), Target Corp. (TGT), Trinity Industries Inc. (TRN)

Superior Energy Services, Inc. (SPN) grew with the stock adding 0.42% or $0.06 to close at $14.4 on active trading volume of 4.11M compared its three months average trading volume of 3.18M. The Houston Texas 77002 based company operating under the Oil & Gas Equipment & Services industry has been trending up for the last 52 weeks, with the shares price now 2.79% up for the period and up by 7.82% so far this year. With price target of $18.56 and a 74.57% rebound from 52-week low, Superior Energy Services, Inc. has plenty of upside potential, making it a hold with a view buy.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Target Corp. (TGT) gained $1.21 to close the day at a new closing price of $68.83, a 1.79% increase in value from its previous closing price that moved the stock 6.06% above its 52 week low of $65.5. A total of 4.1M shares exchanged hands during the day compared with its three month average trading volume of 5.2M. The stock, which fluctuated between $67.72 and $69.25 during the day, currently situated -16.91% below its 52 week high. The stock is up by 1.64% in the past one month and down by -8.12% over the past three months. With a one year target estimate of $74.37 and RSI of 53.32, the stock still has upside potential, making it a hold for now.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

Trinity Industries Inc. (TRN) shares were down in last trading by -4.02% to $21.01. It experienced higher than average volume on day. The stock decreased in value by almost -10.37% over the past week and fell -12.12% in the past month. It is currently trading -11.7% below its 50 day moving average and 3.44% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -24.05% decrease in value from its one year high of $28.25. The RSI indicator value of 25.95, lead us to believe that it may correct downwards in the near term.

Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, including autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and couplers, axles, and other equipment, as well as railcar maintenance services. This segment serves railroads, leasing companies, and industrial shippers of various products. The company’s Railcar Leasing and Management Services Group segment leases tank and freight railcars to industrial shippers and railroads; and provides management, maintenance, and administrative services. As of December 31, 2015, this segment had a fleet of 76,765 owned or leased railcars. Its Construction Products Group segment offers highway products, such as guardrail, crash cushions, and other protective barriers; aggregates, including expanded shale and clay, crushed stone, sand and gravel, asphalt rock, and other products, as well as other steel products for infrastructure-related projects; and trench shields and shoring products for the construction industry. This segment offers aggregates to concrete producers; commercial, residential, and highway contractors; manufacturers of masonry products; and state and local municipalities. The company’s Energy Equipment Group segment manufactures structural wind towers; utility steel structures for electricity transmission and distribution; storage and distribution containers; cryogenic tanks; and tank heads for pressure and non-pressure vessels. Its Inland Barge Group segment provides deck barges, and open or covered hopper barges to transport grain, coal, and aggregates; and tank barges to transport chemicals and various petroleum products, as well as fiberglass reinforced lift covers for grain barges. Trinity Industries, Inc. was founded in 1933 and is headquartered in Dallas, Texas.

 

Stocks Trend Analysis: Twitter, Inc. (TWTR) Bank of America Corporation (BAC) Cosi Inc. (COSI)

Twitter, Inc. (TWTR) failed to extend gains with the stock declining -20.1% or $-5 to close the day at $19.87 on light trading volume of 109.04M shares, compared to its three month average trading volume of 30.07M. The San Francisco California 94103 based company has been underperforming the internet information providers group over the past 52 weeks, with the stock losing -33.39%, compared to the industry which has advanced 22.13% over the same period. With RSI of 45.58, the stock should still continue to rise and get closer to its one year target estimate of $16.52, making it a hold for now.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.

Bank of America Corporation (BAC) grew with the stock adding 0.68% or $0.11 to close at $16.22 on light trading volume of 75.79M compared its three months average trading volume of 83.19M. The Charlotte North Carolina 28255 based company operating under the Money Center Banks industry has been trending up for the last 52 weeks, with the shares price now 4.5% up for the period and down by -2.48% so far this year. With price target of $17.45 and a 49.34% rebound from 52-week low, Bank of America Corporation has plenty of upside potential, making it a hold with a view buy.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through five segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, and Legacy Assets & Servicing. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through approximately 4,700 financial centers, 16,000 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and retirement products, as well as wealth management and customized solutions. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. The Legacy Assets & Servicing segment engages in mortgage servicing activities related to residential first mortgage and home equity loans; and managing legacy exposures related to mortgage origination, sales, and servicing. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

Cosi Inc. (COSI) managed to rebound with the stock climbing 24.42% or $0.01 to close the day at $0.04 on higher than average trading volume of 62.5M shares, compared to its three month average trading volume of 5.45M. The Boston Massachusetts 02108 based company has been outperforming the restaurants companies by -87.4237% for last three months and its recent losses have pulled the stock down -91.43% YTD, versus the restaurants industry which is down -3.71% for the same period. The RSI of 27.26 indicates the stock is oversold at the current levels, buy for now.

Cosi, Inc. owns, operates, and franchises fast-casual restaurants. The company offers food and beverage products for four dayparts comprising breakfast, lunch, snacking, and dinner. It also provides catering services for breakfast, lunch, afternoon snacking, and special events. As of December 28, 2015, the company operated 79 company-owned and 31 franchise restaurants in 15 states, the District of Columbia, the United Arab Emirates, and Costa Rica. Cosi, Inc. was founded in 1994 and is headquartered in Boston, Massachusetts. On September 28, 2016, Cosi, Inc., along with its 4 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Massachusetts.

 

Trader’s Buzzers: Advanced Disposal Services South, LLC (ADSW), Zynga, Inc. (ZNGA), Merck & Co., Inc. (MRK)

Advanced Disposal Services South, LLC (ADSW) has seen decrease in value by 0% so far this year. The stock was up close to 11.11% on active volume in last trading session and closed at $20 per share. After the recent gain, the stock is currently holding 0% below its 52 week high of $21.5 and 0% below its 12-month low of $19.51. The shares are down by over 0% in the last three months, and the RSI indicator value of 0 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Zynga, Inc. (ZNGA) failed to extend gains with the stock declining -1.68% or $-0.05 to close the day at $2.92 on light trading volume of 11.59M shares, compared to its three month average trading volume of 13.58M. The San Francisco California 94103 based company has been outperforming the multimedia & graphics software group over the past 52 weeks, with the stock gaining 21.16%, compared to the industry which has advanced 33.1% over the same period. With RSI of 56.32, the stock should still continue to rise and get closer to its one year target estimate of $3.17, making it a hold for now.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, North America, Asia, and the European Union. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. The company’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com. It also provides advertising services to advertising agencies and brokers. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

Merck & Co., Inc. (MRK) dropped $-0.14 to close the day at a new closing price of $62.66, a -0.22% decrease in value from its previous closing price that moved the stock 33.82% above its 52 week low of $47.97. A total of 11.43M shares exchanged hands during the day compared with its three month average trading volume of 9.66M. The stock, which fluctuated between $61.74 and $62.69 during the day, currently situated -1.38% below its 52 week high. The stock is up by 0.4% in the past one month and up by 6.35% over the past three months. With a one year target estimate of $66.11 and RSI of 52.16, the stock still has upside potential, making it a hold for now.

Merck & Co., Inc. provides health care solutions worldwide. The company offers therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases. It also provides neuromuscular blocking agents for use in surgery; anti-bacterial products for skin and skin structure infections; cholesterol modifying medicines; non-sedating antihistamine; and vaginal contraceptive products. In addition, the company offers products to prevent chemotherapy-induced and post-operative nausea and vomiting; treat brain tumors; treat melanoma and metastatic non-small-cell lung cancer; and prevent diseases caused by human papillomavirus, as well as vaccines for measles, mumps, rubella, varicella, chickenpox, shingles, rotavirus gastroenteritis, and pneumococcal diseases. Further, it provides antibiotic and anti-inflammatory drugs to treat infectious and respiratory diseases, fertility disorders, and pneumonia in cattle, horses, and swine; vaccines for poultry; parasiticide for sea lice in salmon; and antibiotics for the treatment of C. difficile, and vaccines against bacterial and viral disease in fish. Additionally, the company offers companion animal products, such as ointments for acute and chronic otitis; diabetes mellitus treatment for dogs and cats; anthelmintic products; chewable tablets to treat fleas and ticks in dogs; and products for protection against bites from fleas, ticks, mosquitoes, and sandflies. It serves drug wholesalers and retailers, hospitals, government agencies and entities, physicians, physician distributors, veterinarians, distributors, animal producers, and managed health care providers. The company was founded in 1891 and is headquartered in Kenilworth, New Jersey.

 

Stock under consideration today: Universal American Corp (UAM)

The shares of buy real cialis Universal American Corp (NYSE:UAM) currently has mean rating of 3.40 while 0 analysts have recommended the shares as “BUY”, 0 recommended as “OUTPERFORM” and 3 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 400.54M by 4 analysts. The means estimate of sales for the year ending Dec-16 is 1.56B by 4 analysts.

The mean price target for the shares of buy real cialis Universal American Corp (UAM) is at 7.50 while the highest price target suggested by the analysts is 8.00 and low price target is 6.50. The mean price target is calculated keeping in view the consensus of 3 brokerage firms.

The average estimate of EPS for the current fiscal quarter for http://www.menshealth-canada.com/ viagra usa Universal American Corp (UAM) stands at 0.06 while the EPS for the current year is fixed at 0.18 by 3 analysts.

The next one year’s EPS estimate is set at 0.29 by 4 analysts while a year ago the analysts suggested the company’s EPS at 0.18. The analysts also projected the company’s long-term growth at 39.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Universal American Corp (UAM) reported earnings of $0.07. The posted earnings topped the analyst’s consensus by $0.03 with the surprise factor of 75.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 21, 2016 Universal American Corp (UAM) announced that it has priced its private offering of $100 million principal amount of Convertible Senior Notes due 2021 through a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Universal American granted the initial purchasers of the notes a 30-day option to purchase up to an additional $15 million aggregate principal amount of the notes on the same terms and conditions, which has been fully exercised. The sale of the notes is expected to close on June 27, 2016, subject to customary closing conditions.

Analyst’s Roundup: Callidus Software Inc. (CALD)

The shares of Callidus Software Inc. (NASDAQ:CALD) currently has mean rating of 1.70 while 3 analysts have recommended the shares as “BUY”, 7 recommended as “OUTPERFORM” and 0 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 50.32M by 10 analysts. The means estimate of sales for the year ending Dec-16 is 208.64M by 10 analysts.

The mean price target for the shares of Callidus Software Inc. (CALD) is at 22.30 while the highest price target suggested by the analysts is 31.00 and low price target is 20.00. The mean price target is calculated keeping in view the consensus of 10 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Callidus Software Inc. (CALD) stands at 0.05 while the EPS for the current year is fixed at 0.28 by 10 analysts.

The next one year’s EPS estimate is set at 0.39 by 10 analysts while a year ago the analysts suggested the company’s EPS at 0.28. The analysts also projected the company’s long-term growth at 26.67% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Callidus Software Inc. (CALD) reported earnings of $0.06. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 20.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On Jun 24, 2016 Callidus Software Inc. (CALD) announced that it has acquired certain assets of Badgeville, the leading technology provider in enterprise gamification and digital motivation.

“Badgeville is the leader in a very exciting market,” said Leslie Stretch, president and CEO, CallidusCloud. “Digital motivation goes hand in hand with cash incentive programs, and we have been partnering with Badgeville since 2012 to drive sales performance and enablement solutions. We will now be able to extend this powerful proposition to all of our customers across the Lead to Money spectrum.”

“CallidusCloud is the clear leader when it comes to driving sales behaviors using incentives,” said Jon Shalowitz, president and CEO, Badgeville. “With the Badgeville platform now a part of CallidusCloud, corporations will be better positioned than ever to drive engagement with key customer and employee processes.”

Analyst’s Recommendation on: HEALTHSOUTH Corp. (HLS)

The shares of HEALTHSOUTH Corp. (NYSE:HLS) currently has mean rating of 2.25 while 2 analysts have recommended the shares as “BUY”, 6 recommended as “OUTPERFORM” and 3 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 905.02M by 11 analysts. The means estimate of sales for the year ending Dec-16 is 3.67B by 11 analysts.

The mean price target for the shares of HEALTHSOUTH Corp. (HLS) is at 44.73 while the highest price target suggested by the analysts is 50.00 and low price target is 37.00. The mean price target is calculated keeping in view the consensus of 11 brokerage firms.

The average estimate of EPS for the current fiscal quarter for HEALTHSOUTH Corp. (HLS) stands at 0.60 while the EPS for the current year is fixed at 2.46 by 11 analysts.

The next one year’s EPS estimate is set at 2.70 by 11 analysts while a year ago the analysts suggested the company’s EPS at 2.46. The analysts also projected the company’s long-term growth at 10.87% for the upcoming five years.

In its latest quarter ended on 31st March 2016, HEALTHSOUTH Corp. (HLS) reported earnings of $0.61. The posted earnings topped the analyst’s consensus by $0.06 with the surprise factor of 10.90%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 5, 2016 HEALTHSOUTH Corp. (HLS) announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.23 per share, payable on July 15, 2016, to holders of record on July 1, 2016.

The Company’s 2.0% Convertible Senior Subordinated Notes are convertible, at the option of the holder, at any time prior to the close of business on the business day immediately preceding December 1, 2043 into shares of common stock at a conversion rate of 26.6011 shares of common stock per $1,000 principal and include antidilutive protection that provides for an increase in the number of shares of common stock issuable upon conversion resulting from common stock dividends after a de minimis threshold. The dividend payment in July likely will not trigger this antidilutive adjustment. Subsequent declaration and payment of dividends on HealthSouth common stock may require an adjustment.

Analyst Activity: Pinnacle Financial Partners Inc. (PNFP)

The shares of Pinnacle Financial Partners Inc. (NASDAQ:PNFP) currently has mean rating of 2.22 while 2 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 4 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 104.18M by 6 analysts. The means estimate of sales for the year ending Dec-16 is 444.36M by 6 analysts.

The mean price target for the shares of Pinnacle Financial Partners Inc. (PNFP) is at 55.50 while the highest price target suggested by the analysts is 59.00 and low price target is 51.00. The mean price target is calculated keeping in view the consensus of 8 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Pinnacle Financial Partners Inc. (PNFP) stands at 0.75 while the EPS for the current year is fixed at 3.05 by 6 analysts.

The next one year’s EPS estimate is set at 3.54 by 8 analysts while a year ago the analysts suggested the company’s EPS at 3.05. The analysts also projected the company’s long-term growth at 15.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Pinnacle Financial Partners Inc. (PNFP) reported earnings of $0.68. The posted earnings missed the analyst’s consensus by $-0.03 with the surprise factor of -4.20%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 21, 2016 Avenue Financial Holdings, Inc. (AVNU) announced that its shareholders approved the proposed merger with Pinnacle Financial Partners Inc. (PNFP) at its special shareholders’ meeting held. Subject to the satisfaction of the remaining closing conditions contained in the merger agreement between Avenue Financial and Pinnacle, the merger is expected to close on or about July 1, 2016.

In comments made at the meeting, Ronald L. Samuels, Chairman and Chief Executive Officer, stated, “Avenue Financial’s shareholders overwhelmingly approved the merger with Pinnacle Financial Partners. We are very excited about our proposed merger with Pinnacle and realizing our goals of building shareholder value while providing our clients with a broader array of banking services than we could have as an independent company.

Look Out For Analyst’s Recommendation: Humana Inc. (HUM)

The shares of Humana Inc. (NYSE:HUM) currently has mean rating of 2.50 while 3 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 12 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 13.62B by 13 analysts. The means estimate of sales for the year ending Dec-16 is 54.27B by 14 analysts.

The mean price target for the shares of Humana Inc. (HUM) is at 205.50 while the highest price target suggested by the analysts is 230.00 and low price target is 176.93. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Humana Inc. (HUM) stands at 2.19 while the EPS for the current year is fixed at 8.87 by 19 analysts.

The next one year’s EPS estimate is set at 10.03 by 22 analysts while a year ago the analysts suggested the company’s EPS at 8.87. The analysts also projected the company’s long-term growth at 13.93% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Humana Inc. (HUM) reported earnings of $1.86. The posted earnings topped the analyst’s consensus by $0.05 with the surprise factor of 2.80%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Humana Inc. (HUM) will showcase its largest ever list of healthy food items through its signature Humana Healthier Choices program at Taste of Chicago 2016, the world’s largest food festival.

The Humana Healthier Choices – selected by a panel of physicians and nutrition experts based on calories, saturated fat, sodium and ingredients – allow Taste-goers to indulge in the foods they love without stressing over their health and well-being. This year’s Humana Healthier Choices list features 75 healthy food options – the most in the program’s nine-year history – from 29 Chicago restaurants, which represent 40 percent of the total restaurants participating at the year’s festival.

Analytical Approach on: CVB Financial Corp. (CVBF)

The shares of CVB Financial Corp. (NASDAQ:CVBF) currently has mean rating of 3.00 while 0 analysts have recommended the shares as “BUY”, 0 recommended as “OUTPERFORM” and 7 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 68.25M by 7 analysts. The means estimate of sales for the year ending Dec-16 is 275.18M by 7 analysts.

The mean price target for the shares of CVB Financial Corp. (CVBF) is at 17.50 while the highest price target suggested by the analysts is 18.00 and low price target is 17.00. The mean price target is calculated keeping in view the consensus of 6 brokerage firms.

The average estimate of EPS for the current fiscal quarter for CVB Financial Corp. (CVBF) stands at 0.24 while the EPS for the current year is fixed at 0.96 by 6 analysts.

The next one year’s EPS estimate is set at 1.03 by 7 analysts while a year ago the analysts suggested the company’s EPS at 0.96. The analysts also projected the company’s long-term growth at 10.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, CVB Financial Corp. (CVBF) reported earnings of $0.23. The posted earnings missed the analyst’s consensus by $-0.02 with the surprise factor of -8.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 22, 2016 CVB Financial Corp. (CVBF) announced a twelve cent ($.12) per share cash dividend with respect to the second quarter of 2016. The dividend was approved at the regularly scheduled Board of Directors meeting held on June 22, 2016. The dividend will be payable on or about July 21, 2016 to shareholders of record as of July 7, 2016.

“Our Board of Directors is pleased to pay our 107th consecutive cash dividend to our shareholders,” said Christopher D. Myers, President and Chief Executive Officer.