Earnings Estimates Under Spotlight: Freeport-McMoRan Inc (NYSE:FCX)

The shares of Freeport-McMoRan Inc (NYSE:FCX)currently has mean rating of 2.9 while 2 analyst have recommended the shares as ‘BUY’ ,1 recommended as ‘OUTPERFORM’ and 16 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 mean price target for the shares of Freeport-McMoRan Inc (NYSE:FCX)is at $10.91 while the highest price target suggested by the analysts is $15.00 and low price target is $8.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 3.69B by 8 analysts. The means estimate of sales for the year ending Dec 16 is 16.25B by 16 analysts.

The average estimate of EPS for the current fiscal quarter for Freeport-McMoRan Inc (NYSE:FCX)stands at $-0.03 while the EPS for the current year is fixed at $0.54 by 16.00 analysts

The next one year’s EPS estimate is set at 1.02 by 19.00 analysts while a year ago the analysts suggested the company’s EPS at $0.54. The analysts also projected the company’s long-term growth at -38.43% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Freeport-McMoRan Inc (NYSE:FCX)reported earnings of $-0.16. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 11.10%. 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.

Freeport-McMoRan Inc (NYSE:FCX) traded up +2.52% during trading on Friday, hitting $11.93 . The stock had a trading volume of 21.1 M shares. The firm has a 50 day moving average of $11.10 and a 200-day moving average of $8.72. The stock has a market cap of $14.76B. On Jun 26, 2015 the shares registered one year high at $20.06 and the one year low was seen on Jan 20, 2016.

On June 13, 2016 Freeport-McMoRan Inc (NYSE:FCX) announced they have reached an agreement with Freeport-McMoRan Nevada LLC (“Freeport Nevada”) to extend the current Stage 2 of Freeport Nevada’s option to acquire an interest in the Company’s Yerington Copper Project in Nevada for up to two years by Freeport Nevada making option payments totalling $5.75 million. Freeport Nevada is a wholly owned subsidiary of Freeport Minerals Corporation, which in turn is a wholly owned subsidiary of Freeport-McMoRan Inc. (FCX).

In terms of agreement, Stage 2 of Freeport Nevada’s earn-in option, which commenced in June last year, can be extended for up to four additional periods of six months each by Freeport Nevada making the following payments to SPS: $1.8 million on June 13, 2016; $1.25 million on December 13, 2016; $1.35 million on June 13, 2017; and $1.35 on December 13, 2017. (All amounts are expressed in U.S. dollars).

SPS intends to use the Freeport Nevada’s option payments for property maintenance, G&A and environmental compliance at its Yerington Copper Project. Freeport Nevada will have the right to terminate the agreement at any time with 60 days’ notice.

During the two-year extension period, SPS may propose special exploration programs, including work plans and budgets, to be undertaken with Freeport Nevada’s agreement under an annual drilling program. These programs will be funded by Freeport Nevada, at its discretion, through accelerated option payments. The Stage 2 extension option payments and any accelerated option payments will reduce the payments required for Freeport Nevada to earn its initial 55% interest in SPS.

SPS will continue to initiate and self-fund desktop studies to assess the over-all development potential at Yerington, and surface work including geophysical surveys to better understand the Bear porphyry copper deposit, one of three known copper deposits on the Company’s 51-square mile Yerington land package. Geophysical surveys will also assist in future drill site selection. Freeport Nevada has the option to participate in these studies as part of due diligence.

“We welcome the opportunity to continue working with Freeport Nevada at Yerington and appreciate its confidence and continued support for our efforts,” says Quaterra Chief Executive Officer Thomas Patton. “The ability for the company, under the extension agreement, to propose special exploration programs provides us with a strong incentive to identify compelling drill targets.”

Stock Earnings Estimates Under Consideration: VeriFone Systems Inc (NYSE:PAY)

The shares of VeriFone Systems Inc (NYSE:PAY)currently has mean rating of 2.2 while 5 analyst have recommended the shares as ‘BUY’ ,6 recommended as ‘OUTPERFORM’ and 10 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 mean price target for the shares of VeriFone Systems Inc (NYSE:PAY)is at $27.44 while the highest price target suggested by the analysts is $42.00 and low price target is $19.00. The mean price target is calculated keeping in view the consensus of 18 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jul 16 is 515.58M by 13 analysts. The means estimate of sales for the year ending Oct 16 is 2.10B by 15 analysts.

The average estimate of EPS for the current fiscal quarter for VeriFone Systems Inc (NYSE:PAY)stands at $0.41 while the EPS for the current year is fixed at $1.85 by 18.00 analysts

The next one year’s EPS estimate is set at 2.12 by 19.00 analysts while a year ago the analysts suggested the company’s EPS at $1.85. The analysts also projected the company’s long-term growth at 15.00% for the upcoming five years

In its latest quarter ended on 30 Apr 2016 , VeriFone Systems Inc (NYSE:PAY)reported earnings of $0.47. The posted earnings missed the analyst’s consensus by $-0.05 with the surprise factor of -9.60%. 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.

VeriFone Systems Inc (NYSE:PAY) traded up +4.26% during trading on Friday, hitting $19.66 . The stock had a trading volume of 7.2 M shares. The firm has a 50 day moving average of $24.66 and a 200-day moving average of $25.69. The stock has a market cap of $2.14B and a price-to-earnings ratio of 29.62. On Jun 26, 2015 the shares registered one year high at $35.74 and the one year low was seen on Jun 22, 2016.

On June 21, 2016 VeriFone Systems Inc (NYSE:PAY) and Wirecard AG has entered into a strategic alliance to rapidly expand the point-of-sale market in Asia Pacific beginning with Indonesia. As the world’s fourth most populous country, Indonesia is considered one of the largest and fastest growing markets for payment solutions according to analysts.

The five-year strategic alliance brings together the technology portfolio and geographic strengths of both companies through in-country companies like Wirecard’s PT Prima Vista Solusi and locally established Verifone teams, to enable financial institutions, retailers and various industry verticals to benefit from best-of-breed payment solutions.

“Working as a strategic development partner to Verifone, Wirecard will provide software platforms for payment acceptance and processing that run on Verifone terminals, as well as in-depth market expertise,” said Rudy Khowara, managing director of Wirecard Global Point-Of-Sales. “Furthermore, unique segment-specific features will be created through collaboration with our extended ecosystem of clients and partners.”

Though Indonesia is largely a cash-dominated society, the payment cards market is developing significantly with payments card transaction volume increasing by about 124 percent in 2015 as compared to 2010 according Lafferty Group.

“We are delighted to partner with Wirecard to spur the growth of new payment solutions and electronic commerce in Indonesia, where we are establishing a local team and permanent presence,” said Steve Aliferis, president of Verifone Asia Pacific. “With Wirecard as our preferred partner, we are working to offer banks and merchants access to the best technology solutions available and drive payment acceptance of all forms across diverse environments.”

Through their respective subsidiaries in Asia, PT Prima Vista Solusi and VeriFone Systems International, the two companies will collaborate to deliver a complete suite of payment commerce services, including the best-in-class terminal range while planning to introduce the next generation Verifone Engage family of products and the newly unveiled, integrated POS solution, Verifone Carbon. Wirecard will provide software platforms for payment acceptance and processing as well as in-depth market expertise.

What Analyst’s have to say about Lowe’s Companies, Inc. (NYSE:LOW)

The shares of Lowe’s Companies, Inc. (NYSE:LOW)currently has mean rating of 1.9 while 13 analyst have recommended the shares as ‘BUY’ ,9 recommended as ‘OUTPERFORM’ and 6 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 mean price target for the shares of Lowe’s Companies, Inc. (NYSE:LOW)is at $86.83 while the highest price target suggested by the analysts is $94.00 and low price target is $79.00. The mean price target is calculated keeping in view the consensus of 24 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jul 16 is 18.27B by 22 analysts. The means estimate of sales for the year ending Jan 17 is 63.37B by 26 analysts.

The average estimate of EPS for the current fiscal quarter for Lowe’s Companies, Inc. (NYSE:LOW)stands at $1.41 while the EPS for the current year is fixed at $4.05 by 26.00 analysts

The next one year’s EPS estimate is set at 4.72 by 28.00 analysts while a year ago the analysts suggested the company’s EPS at $4.05. The analysts also projected the company’s long-term growth at 16.63% for the upcoming five years

In its latest quarter ended on 30 Apr 2016 , Lowe’s Companies, Inc. (NYSE:LOW)reported earnings of $0.87. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 2.40%. 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.

Lowe’s Companies, Inc. (NYSE:LOW) traded down -0.33% during trading on Friday, hitting $78.83 . The stock had a trading volume of 3.8 M shares. The firm has a 50 day moving average of $78.00 and a 200-day moving average of $74.08. The stock has a market cap of $69.41B and a price-to-earnings ratio of 26.08. On Jun 2, 2016 the shares registered one year high at $80.76 and the one year low was seen on Feb 8, 2016.

On June 14, 2016 Lowe’s Companies, Inc. (NYSE:LOW) announced its new leadership team positioned to help drive Lowe’s Canadian business strategy by leading a new operating model focused on growth.  This model will help Lowe’s Canada , and its network of stores, banners and formats, deliver better customer experiences in each segment and market it serves.

“Our new structure will allow us to increase our focus on customers, allowing us to better co-ordinate our resources and efforts and to have a maximum impact on the segments we serve,” said Sylvain Prud ‘homme, president and CEO, Lowe’s Canada . “Each member of the leadership team will play a key role, enabling us to maximize the potential of all of our banners to ensure strong growth across all of our different markets,” said Sylvain. “Following Lowe’s recent acquisition of RONA, this team of seasoned experts will contribute to the alignment of our two organizations so we can become the number one choice of Canadians for all their home improvement needs.”

These leaders will report directly to Sylvain:

  • Alain Brisebois will work closely with the leadership team to define and implement the banner strategies. He will also lead the operations functions supporting all the business units as well as our distribution activities to the affiliate dealers. Alain joined RONA in 2013 and has more than 30 years’ experience in the retail industry, including at Alimentation Couche-Tard and Metro.
  • Guy Beaumier will lead our pro-contractor stores and Reno-Depot. Guy has been with Lowe’s since 2014. With more the 25 years of retail industry experience, Guy worked for Loblaws, Sobey’s, Labatt and Super C.
  • Christian Proulx will lead human resources and communications. Christian, who joined RONA in 2007, has held several leadership positions in human resources during a career spanning more than 30 years, 14 of which were in the pharmaceutical industry in Canada and abroad.
  • Jim Caldwell will join Lowe’s on June 20 and will lead the big-box business unit. Most recently, Jim  was president of the Brick Group, Canada’s largest furniture retailer. He also worked for Wal-Mart in Canada , and has a vast and distinguished career in the retail industry, having held senior leadership positions in retail operations, merchandising, distribution and marketing. Jim is a member of the board of directors of the Retail Council of Canada .
  • Serge Ethier will lead the proximity stores. Serge joined RONA in 2014 and has served in various leadership positions in retail over the past 25 years, incluiding The Home Depot, Provigo/Loblaws and Costco.
  • Brendan Hughes will lead the alignment of the different banner strategies and will lead the project management office and business intelligence. Brendan joined Lowe’s in 2005 and has more than 16 years’ experience in the retail sector. He was previously with Walgreens and Food Lion.
  • Recruitment is currently underway to select a candidate to lead the Administration function, including financial business support, accounting and legal.

Noticeable Stock: Laredo Petroleum Inc (NYSE:LPI)

The shares of Laredo Petroleum Inc (NYSE:LPI)currently has mean rating of 2.8 while 5 analyst have recommended the shares as ‘BUY’ ,1 recommended as ‘OUTPERFORM’ and 16 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 mean price target for the shares of Laredo Petroleum Inc (NYSE:LPI)is at $12.20 while the highest price target suggested by the analysts is $25.00 and low price target is $3.00. The mean price target is calculated keeping in view the consensus of 26 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 135.43M by 16 analysts. The means estimate of sales for the year ending Dec 16 is 558.43M by 17 analysts.

The average estimate of EPS for the current fiscal quarter for Laredo Petroleum Inc (NYSE:LPI)stands at $0.09 while the EPS for the current year is fixed at $0.40 by 26.00 analysts

The next one year’s EPS estimate is set at 0.29 by 29.00 analysts while a year ago the analysts suggested the company’s EPS at $0.40. The analysts also projected the company’s long-term growth at -27.34% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Laredo Petroleum Inc (NYSE:LPI)reported earnings of $0.08. The posted earnings topped the analyst’s consensus by $0.03 with the surprise factor of 60.00%. 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.

Laredo Petroleum Inc (NYSE:LPI) traded up +0.09% during trading on Friday, hitting $11.54 . The stock had a trading volume of 3.4 M shares. The firm has a 50 day moving average of $11.69 and a 200-day moving average of $8.79. The stock has a market cap of $2.41B. On Jun 24, 2015 the shares registered one year high at $14.39 and the one year low was seen on Feb 19, 2016.

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the acquisition, exploration, and development of oil and natural gas properties, as well as the transportation of oil and natural gas primarily in the Permian Basin in West Texas. As of December 31, 2015, it had interests in the 135,408 net acres in the Permian Basin; and had total proved reserves of 125,698 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was founded in 2006 and is headquartered in Tulsa, Oklahoma.

Ratings Round Up: Johnson Controls (NYSE:JCI)

The shares of Johnson Controls Inc (NYSE:JCI)currently has mean rating of 2.2 while 5 analyst have recommended the shares as ‘BUY’ ,5 recommended as ‘OUTPERFORM’ and 8 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 mean price target for the shares of Johnson Controls Inc (NYSE:JCI)is at $48.71 while the highest price target suggested by the analysts is $54.00 and low price target is $43.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 9.63B by 15 analysts. The means estimate of sales for the year ending Sep 16 is 37.30B by 17 analysts.

The average estimate of EPS for the current fiscal quarter for Johnson Controls Inc (NYSE:JCI)stands at $1.03 while the EPS for the current year is fixed at $3.91 by 16.00 analysts

The next one year’s EPS estimate is set at 4.31 by 16.00 analysts while a year ago the analysts suggested the company’s EPS at $3.91. The analysts also projected the company’s long-term growth at 11.76% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Johnson Controls Inc (NYSE:JCI)reported earnings of $0.86. The posted earnings topped the analyst’s consensus by $0.04 with the surprise factor of 4.90%. 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.

Johnson Controls Inc (NYSE:JCI) traded down -0.52% during trading on Friday, hitting $44.54 . The stock had a trading volume of 3.3 M shares. The firm has a 50 day moving average of $43.19 and a 200-day moving average of $39.23. The stock has a market cap of $28.66B and a price-to-earnings ratio of 64.34. On Jun 24, 2015 the shares registered one year high at $52.12 and the one year low was seen on Jan 14, 2016.

On June 13, 2016 Johnson Controls Inc (NYSE:JCI) announced it is investing $245 million between 2016 and 2020 to double AGM production capacity in North America.

“Due to increasing power needs for vehicle accessories and safety functions, along with changing environmental standards, automotive batteries play an increasingly important role in today’s vehicles,” said Joe Walicki, president, Johnson Controls Power Solutions.

AGM batteries manufactured by Johnson Controls are engineered for ever-increasing vehicle demands, including:

  • Superior starting power even at low states of charge
  • Reliability in harsh weather and extreme conditions
  • Excellent durability in high-load applications

“Our customers face increasing demand for replacement batteries that provide superior power, reliability and performance for today’s vehicles,” said Dan Autey, vice president and general manager, U.S. and Canada Aftermarket, Johnson Controls Power Solutions.

In addition to growing consumer demand for replacement batteries, automakers depend on AGM technology to help improve fuel efficiency up to 5 percent in vehicles with start-stop systems. The number of cars built in North America with start-stop systems will approach 50 percent in 2020 due to increasingly stringent environmental regulations.

“Between 2015 and 2020, Johnson Controls will invest, in total, more than $780 million globally to increase our AGM manufacturing capacity,” said Walicki. “Johnson Controls is the leader in battery manufacturing and we are committed to investing in our factories, our employees and our customers, to ensure that we remain the leader when it comes to innovative technology, quality products and strong customer partnerships.”

Worth Watching Stock: FMC Technologies, Inc. (NYSE:FTI)

The shares of FMC Technologies, Inc. (NYSE:FTI)currently has mean rating of 2.6 while 9 analyst have recommended the shares as ‘BUY’ ,3 recommended as ‘OUTPERFORM’ and 19 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 mean price target for the shares of FMC Technologies, Inc. (NYSE:FTI)is at $32.54 while the highest price target suggested by the analysts is $47.00 and low price target is $21.00. The mean price target is calculated keeping in view the consensus of 26 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.26B by 25 analysts. The means estimate of sales for the year ending Dec 16 is 4.93B by 30 analysts.

The average estimate of EPS for the current fiscal quarter for FMC Technologies, Inc. (NYSE:FTI)stands at $0.30 while the EPS for the current year is fixed at $1.08 by 31.00 analysts

The next one year’s EPS estimate is set at 1.05 by 34.00 analysts while a year ago the analysts suggested the company’s EPS at $1.08. The analysts also projected the company’s long-term growth at 4.74% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , FMC Technologies, Inc. (NYSE:FTI)reported earnings of $0.22. The posted earnings missed the analyst’s consensus by $-0.08 with the surprise factor of -26.70%. 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.

FMC Technologies, Inc. (NYSE:FTI) traded up +0.58% during trading on Friday, hitting $27.70 . The stock had a trading volume of 2.9 M shares. The firm has a 50 day moving average of $27.64 and a 200-day moving average of $27.02. The stock has a market cap of $6.25B and a price-to-earnings ratio of 23.89. On Jun 24, 2015 the shares registered one year high at $42.79 and the one year low was seen on Feb 11, 2016.

On June 16, 2016 FMC Technologies, Inc. (NYSE:FTI) announced that the companies executed a Business Combination Agreement (BCA) on June 14, 2016 regarding their proposed merger announced on May 19, 2016. The execution of the BCA follows conclusion of the required work council consultation process in Europe.

“With the signing of the BCA, we have reached an important milestone paving the way to building a unique offering, driving change by redefining the production and transformation in the oil and gas industry,” said Thierry Pilenko, Technip Chairman and Chief Executive Officer, who will serve as Executive Chairman of the combined company, TechnipFMC.

Doug Pferdehirt, President and Chief Operating Officer of FMC Technologies, who will serve as the CEO of TechnipFMC, added, “The combination of FMC Technologies and Technip is an exciting opportunity for both companies to shape the future of the oil and gas industry by accelerating technology innovation, integrating and improving project execution and reducing costs for customers. Having concluded the consultation process so quickly is a testament to the logic and strategic rationale of this merger.”

The BCA is available on the U.S. Securities and Exchange Commission (SEC) website as an EDGAR filing and on the websites of Technip and FMC Technologies.

The transaction is expected to close in early 2017, subject to the approvals of Technip and FMC Technologies shareholders, regulatory approvals and consents, as well as other customary closing conditions.

The companies will combine in an all-stock merger transaction to create a global leader that will drive change by redefining the production and transformation of oil and gas. Each company’s shareholders will own close to 50 percent of the combined company.

In addition, Bpifrance supports the transaction and has confirmed to Technip and FMC Technologies that all its governing bodies have approved the terms of the support agreement, in particular the commitment to vote in favor of the resolutions regarding the transaction which will be submitted to Technip’s shareholders’ meeting, subject notably to Technip Board of Directors’ favorable recommendation. Given that it had previously been agreed that Bpifrance will have a seat on the board of directors of TechnipFMC, Bpifrance will retain its Technip shares until the completion of the transaction, with the ability to increase its shareholding up to a maximum 6% of the share capital of TechnipFMC, on a fully-diluted basis, for a two-year period starting at completion of the transaction.

Earnings Estimates Under Spotlight: VeriFone Systems Inc (NYSE:PAY)

The shares of VeriFone Systems Inc (NYSE:PAY)currently has mean rating of 2.2 while 5 analyst have recommended the shares as ‘BUY’ ,6 recommended as ‘OUTPERFORM’ and 10 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 mean price target for the shares of VeriFone Systems Inc (NYSE:PAY)is at $27.44 while the highest price target suggested by the analysts is $42.00 and low price target is $19.00. The mean price target is calculated keeping in view the consensus of 18 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jul 16 is 515.58M by 13 analysts. The means estimate of sales for the year ending Oct 16 is 2.10B by 15 analysts.

The average estimate of EPS for the current fiscal quarter for VeriFone Systems Inc (NYSE:PAY)stands at $0.41 while the EPS for the current year is fixed at $1.85 by 18.00 analysts

The next one year’s EPS estimate is set at 2.12 by 19.00 analysts while a year ago the analysts suggested the company’s EPS at $1.85. The analysts also projected the company’s long-term growth at 15.00% for the upcoming five years

In its latest quarter ended on 30 Apr 2016 , VeriFone Systems Inc (NYSE:PAY)reported earnings of $0.47. The posted earnings missed the analyst’s consensus by $-0.05 with the surprise factor of -9.60%. 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.

VeriFone Systems Inc (NYSE:PAY) traded up +0.16% during trading on Friday, hitting $19.28 . The stock had a trading volume of 2.6 M shares. The firm has a 50 day moving average of $24.94 and a 200-day moving average of $25.76. The stock has a market cap of $2.08B and a price-to-earnings ratio of 28.81. On Jun 23, 2015 the shares registered one year high at $36.34 and the one year low was seen on Jun 16, 2016.

VeriFone Systems, Inc. designs, manufactures, markets, and supplies electronic payment solutions at the point of sale (POS) worldwide. The company offers countertop solutions that accept a range of payment options including contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN-based transactions; and multimedia consumer facing POS devices. It also provides portable payment devices comprising small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows-based smartphones and tablets. In addition, the company offers integrated electronic payment systems that combine electronic payment processing, fuel dispensing, and ECR functions, as well as secure payment systems for integration with petroleum pump controllers; and unattended and self-service payment solutions designed to enable payment transactions in self-service, high-transaction volume, and public transportation environments, as well as network access solutions. Further, it provides payment-as-a-service and other managed, terminal management, payment-enabled media, in-taxi payment, and security solutions; and server-based payment processing software and middleware. Additionally, the company offers installation, deployment, training, and application development and delivery solutions; project management, client education program, and consulting services; and helpdesk support, equipment repair and maintenance, and software post-contract support services, as well as application libraries and development tools. VeriFone Systems, Inc. markets its products directly; and through third party partners. The company was formerly known as VeriFone Holdings, Inc. and changed its name to VeriFone Systems, Inc. in May 2010. VeriFone Systems, Inc. is headquartered in San Jose, California.

Ratings Round Up: Juniper Networks (NYSE:JNPR)

The shares of Juniper Networks, Inc. (NYSE:JNPR) currently has mean rating of 2.7 while 0 analyst have recommended the shares as ‘BUY’ ,0 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 mean price target for the shares of Juniper Networks, Inc. (NYSE:JNPR) is at $26.50 while the highest price target suggested by the analysts is $36.00 and low price target is $22.90. The mean price target is calculated keeping in view the consensus of 22 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.19B by 26 analysts. The means estimate of sales for the year ending Dec 16 is 4.86B by 27 analysts.

The average estimate of EPS for the current fiscal quarter for Juniper Networks, Inc. (NYSE:JNPR) stands at $0.47 while the EPS for the current year is fixed at $2.00 by 27.00 analysts

The next one year’s EPS estimate is set at 2.18 by 29.00 analysts while a year ago the analysts suggested the company’s EPS at $2.00. The analysts also projected the company’s long-term growth at 12.98% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Juniper Networks, Inc. (NYSE:JNPR) reported earnings of $0.37. The posted earnings missed the analyst’s consensus by $-0.01 with the surprise factor of -2.60%. 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.

Juniper Networks, Inc. (NYSE:JNPR) traded up +0.96% during trading on Friday, hitting $23.24 . The stock had a trading volume of 5.0 M shares. The firm has a 50 day moving average of $22.98 and a 200-day moving average of $24.96. The stock has a market cap of $8.90B and a price-to-earnings ratio of 14.11. On Nov 4, 2015 the shares registered one year high at $32.39 and the one year low was seen on Feb 11, 2016.

On June 13, 2016 Juniper Networks, Inc. (NYSE:JNPR) announced that it has captured multiple awards at Interop Tokyo 2016, spotlighting the company’s continued commitment and success in delivering networking innovation focused on performance and automation.

Building on Juniper’s long-running track record of awards success at Interop Tokyo, the company took home a record three “Best of Show” awards at Interop this year:

  • Grand Prix award for the Cloud Platform category: Juniper Networks QFX10008 future-proofed spine switches, featuring industry-leading scalability, density and flexibility for cloud data center deployments.
  • Semi Grand Prix award for the Carrier ISP Networking category: The Juniper Networks MPC9 line card, for use in the Juniper Networks MX2010 or MX2020 3D Universal Edge Routers.
  • Jury’s Special award for the SDN/NFV category: Juniper’s Cloud CPE solution, comprising the Juniper Networks NFX250 Network Services Platform, a vital component of a Universal CPE platform and Contrail Service Orchestration.

In addition, the Juniper Networks MX240 compact edge router and the Juniper Networks QFX5100 data center switch were also recognized with the “Best of ShowNet Award” Grand Prize, for significant contributions to the Ethernet VPN (EVPN) infrastructure at the accompanying exhibition “ShowNet.”

Selected by a prominent judging panel of industry executives and experts, Juniper’s products were chosen as award winners among hundreds of nominations from across the industry — continuing Juniper’s proud tradition of receiving consecutive ‘Best of Show’ awards at Interop Tokyo since 2007.

Expected to attract over 140,000 participants in total this year, Interop Tokyo is renowned for being a top global business technology event, showcasing the very latest in cutting-edge networking products, solutions and services from vendors across the world.

Worth Watching Stock: St. Jude Medical, Inc. (NYSE:STJ)

The shares of St. Jude Medical, Inc. (NYSE:STJ)currently has mean rating of 2.8 while 0 analyst have recommended the shares as ‘BUY’ ,0 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 mean price target for the shares of St. Jude Medical, Inc. (NYSE:STJ)is at $72.67 while the highest price target suggested by the analysts is $89.00 and low price target is $60.00. The mean price target is calculated keeping in view the consensus of 20 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.55B by 21 analysts. The means estimate of sales for the year ending Dec 16 is 6.04B by 23 analysts.

The average estimate of EPS for the current fiscal quarter for St. Jude Medical, Inc. (NYSE:STJ)stands at $1.06 while the EPS for the current year is fixed at $4.06 by 22.00 analysts

The next one year’s EPS estimate is set at 4.42 by 24.00 analysts while a year ago the analysts suggested the company’s EPS at $4.06. The analysts also projected the company’s long-term growth at 10.61% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , St. Jude Medical, Inc. (NYSE:STJ)reported earnings of $0.90. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 2.30%. 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.

St. Jude Medical, Inc. (NYSE:STJ) traded down -0.38% during trading on Friday, hitting $76.77 . The stock had a trading volume of 4.5 M shares. The firm has a 50 day moving average of $76.80 and a 200-day moving average of $61.94. The stock has a market cap of $21.73B and a price-to-earnings ratio of 30.71. On Jul 21, 2015 the shares registered one year high at $80.84 and the one year low was seen on Feb 11, 2016.

On June 16, 2016 St. Jude Medical, Inc. (NYSE:STJ) announced the European launch of the St. Jude Medical Infinity™ Deep Brain Stimulation (DBS) System and directional DBS lead. The system, which received CE Mark approval late in 2015, will support the treatment of patients with the three most common movement disorders in the world: Parkinson’s disease, tremor and dystonia, a disorder which causes involuntary muscle contractions.

Movement disorders are neurologic conditions caused by a communication breakdown throughout the central nervous system that can result in a debilitating loss of muscle control, involuntary movement and reduced coordination. There are currently no proven cures for movement disorders, which means treatment options focus on alleviating symptoms to improve quality of life. St. Jude Medical designed the Infinity system to improve the experience of patients who rely on DBS therapy to manage their symptoms. The company also developed the St. Jude Medical directional lead to help physicians more accurately tailor DBS therapy to their patient’s specific needs while reducing side effects.

The first physician to implant the new Infinity system and the St. Jude Medical directional lead was Prof. Jan Vesper, a professor of functional neurosurgery and stereotaxy at the University Hospital in Düsseldorf, Germany, and president of the German Neuromodulation Society.

“The Infinity system is the first DBS system I’ve encountered that adjusts to the patient’s individual needs, rather than forcing the patient to adjust to the system,” said Prof. Vesper. “Offering my patients a DBS system with exceptional ease of use and smooth manageability is an exciting step in the treatment of debilitating movement disorders.”

A DBS system, like the St. Jude Medical Infinity DBS system, delivers mild electrical pulses to specific targets in the brain to stimulate the structures involved in motor control. With the launch of the Infinity system, St. Jude Medical aims to empower physicians to more accurately deliver stimulation with a DBS system. The new St. Jude Medical directional lead can deliver stimulation more precisely through eight independent electrodes that allow physicians to specifically direct current to targeted structures and areas of the brain. This advance will allow physicians to tailor the therapy to a patient’s specific needs while avoiding unnecessary stimulation to areas that may create side effects.

The Infinity system also offers new, distinct patient advantages. For patient comfort, the system is available in two different sizes, offers a maintenance-free and long-lasting recharge-free system, and uses Bluetooth® wireless technology and Apple™ digital devices for its patient controller and physician programmers. In addition, the St. Jude Medical Infinity system is also upgradeable, which provides patients the potential to access new therapy advances as they’re approved without the need for repeat surgery.

“The Infinity DBS system and directional lead design was designed to meet the needs of physicians who confirmed that they needed a system that prioritized improved stimulation targeting, device longevity and improved patient ease of use,” said Dr. Allen Burton, medical director of neuromodulation and vice president of medical affairs at St. Jude Medical. “The Infinity DBS system is our answer for these previously unmet needs, demonstrating St. Jude Medical’s commitment to patient-centric solutions that help alleviate the debilitating effects of movement disorders.”

Analyst’s Review to Watch: FMC Technologies, Inc. (NYSE:FTI)

The shares of FMC Technologies, Inc. (NYSE:FTI)currently has mean rating of 2.6 while 0 analyst have recommended the shares as ‘BUY’ ,0 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 mean price target for the shares of FMC Technologies, Inc. (NYSE:FTI)is at $32.54 while the highest price target suggested by the analysts is $47.00 and low price target is $21.00. The mean price target is calculated keeping in view the consensus of 26 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.26B by 25 analysts. The means estimate of sales for the year ending Dec 16 is 4.93B by 30 analysts.

The average estimate of EPS for the current fiscal quarter for FMC Technologies, Inc. (NYSE:FTI)stands at $0.30 while the EPS for the current year is fixed at $1.08 by 31.00 analysts

The next one year’s EPS estimate is set at 1.05 by 34.00 analysts while a year ago the analysts suggested the company’s EPS at $1.08. The analysts also projected the company’s long-term growth at 4.74% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , FMC Technologies, Inc. (NYSE:FTI)reported earnings of $0.22. The posted earnings missed the analyst’s consensus by $-0.08 with the surprise factor of -26.70%. 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.

FMC Technologies, Inc. (NYSE:FTI) traded up +3.60% during trading on Friday, hitting $27.53 . The stock had a trading volume of 3.8 M shares. The firm has a 50 day moving average of $27.80 and a 200-day moving average of $27.20. The stock has a market cap of $6.12B and a price-to-earnings ratio of 23.42. On Jun 24, 2015 the shares registered one year high at $42.79 and the one year low was seen on Feb 11, 2016.

FMC Technologies, Inc., together with its subsidiaries, designs, manufactures, and services technological systems and products for customers in the energy industry worldwide. It operates through Subsea Technologies, Surface Technologies, and Energy Infrastructure segments. The Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas; and installation, asset management, product optimization, and well access and intervention services, as well as inspection, maintenance, and repair services. This segment also provides electric and hydraulic work-class remotely operating vehicle, tether-management, launch and recovery, remote manipulator arms, and modular control systems for subsea applications, as well as support services, such as product training, pilot simulator training, spare parts, and technical assistance; and offers multiphase and wetgas meters to measure production rates of oil, water, and gas for topside and subsea applications. The Surface Technologies segment offers wellhead systems for standard and custom-engineered applications; fluid control products for the well completion and stimulation activities; and flowback, cased hole electric wireline and slickline, specialty logging, and well optimization services. The Energy Infrastructure segment provides measurement products, such as flow computers and control systems, and gas and liquid measurement systems, as well as floating production, storage, and off-loading metering systems; and design, engineering, project management, training, commissioning, and aftermarket services. This segment also offers land- and marine-based loading and transfer systems for ship-to-ship loading and offloading operations; systems that separate production flows from wells into oil, gas, sand, and water; and automation, control, and information technology services. FMC Technologies, Inc. was founded in 2000 and is headquartered in Houston, Texas.