Stocks Buzz: Pioneer Natural Resources Company (PXD), Liberty Broadband Corporation (LBRDK), CMS Energy Corporation (CMS)

Pioneer Natural Resources Company (PXD) failed to extend gains with the stock declining -0.42% or $-0.77 to close the day at $181.46 on light trading volume of 1.13M shares, compared to its three month average trading volume of 1.61M. The Irving Texas 75039 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 51.28%, compared to the industry which has advanced 44.7% over the same period. With RSI of 49.77, the stock should still continue to rise and get closer to its one year target estimate of $219.7, making it a hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Liberty Broadband Corporation (LBRDK) retreated with the stock falling -2.38% or $-2.08 to close at $85.35 on light trading volume of 1.13M compared its three months average trading volume of 595.34K. The Englewood Colorado 80112 based company operating under the Broadcasting – TV industry has been trending up for the last 52 weeks, with the shares price now 85.75% up for the period and up by 15.23% so far this year. With price target of $82.5 and a 106.66% rebound from 52-week low, Liberty Broadband Corporation has plenty of upside potential, making it a hold with a view buy.

Liberty Broadband Corporation, a cable operator, provides video programming, Internet, voice, and advanced video services to residential and commercial customers in the United States. It operates through TruePosition and Charter segments. The TruePosition segment develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services; and services in support of national security and law enforcement. This segment also operates a location network, which provides hybrid wireless positioning technology and contextual location intelligence solutions. The Charter segment offers cable services, such as digital video services; local and long distance calling; and video entertainment services, Internet access, business telephone services, data networking, and fiber connectivity to cellular towers and office buildings, as well as sells advertising on cable television networks. As of December 31, 2015, this segment served approximately 4.3 million residential video customers; 5.2 million residential Internet customers; and 2.6 million residential voice service customers, as well as 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. The company is based in Englewood, Colorado.

CMS Energy Corporation (CMS) failed to extend gains with the stock declining -0.43% or $-0.18 to close the day at $41.78 on lower than average trading volume of 1.11M shares, compared to its three month average trading volume of 1.87M. The Jackson Michigan 49201 based company has been underperforming the electric utilities companies by 1.0777% for last three months and its recent gains have pushed the stock slightly up 0.38% YTD, versus the electric utilities industry which is down -0.15% for the same period. The RSI of 48.45 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity to residential, commercial, and diversified industrial customers in Michigan’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants. This segment’s distribution system includes 434 miles of high-voltage distribution radial lines; 4,251 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 56,023 miles of electric distribution overhead lines; 10,383 miles of underground distribution lines; and substations with an aggregate transformer capacity of 24 million thousand volt-amperes. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment’s gas transmission, storage, and distribution system comprises 1,686 miles of transmission lines; 15 gas storage fields with a total storage capacity of 309 billion cubic feet and a working gas volume of 151 billion cubic feet; 27,537 miles of distribution mains; and 7 compressor stations with a total of 157,939 installed and available horsepower. The Enterprises segment engages in the independent power production and marketing activities. As of December 31, 2015, this segment had ownership interests in independent power plants fueled by natural gas and biomass totaling 1,177 megawatts. The company also provides unsecured consumer installment loans for financing home improvements. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

 

Stocks on the Move: Liberty Broadband Corporation (LBRDK), Mueller Water Products, Inc. (MWA), Brown-Forman Corporation (BF-B)

Liberty Broadband Corporation (LBRDK) continued its upward trend with the stock climbing 1.03% or $0.74 to close the day at $72.32 on light trading volume of 1.11M shares, compared to its three month average trading volume of 822.71K. The Englewood Colorado 80112 based company has been outperforming the broadcasting – tv group over the past 52 weeks, with the stock gaining 32.24%, compared to the industry which has advanced 2.26% over the same period. With RSI of 79.01, the stock should still continue to rise and get closer to its one year target estimate of $72.67, making it a hold for now.

Liberty Broadband Corporation, a cable operator, provides video programming, Internet, voice, and advanced video services to residential and commercial customers in the United States. It operates through TruePosition and Charter segments. The TruePosition segment develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services; and services in support of national security and law enforcement. This segment also operates a location network, which provides hybrid wireless positioning technology and contextual location intelligence solutions. The Charter segment offers cable services, such as digital video services; local and long distance calling; and video entertainment services, Internet access, business telephone services, data networking, and fiber connectivity to cellular towers and office buildings, as well as sells advertising on cable television networks. As of December 31, 2015, this segment served approximately 4.3 million residential video customers; 5.2 million residential Internet customers; and 2.6 million residential voice service customers, as well as 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. The company is based in Englewood, Colorado.

Mueller Water Products, Inc. (MWA) climbed 0.82% during last trading as the stock added $0.1 to finish the day at $12.29 with about 1.11M shares changing hands, compared to its three month average trading volume of 1.11M. The $1.97B market cap company, which fluctuated between $12.17 and $12.49 during the day, currently situated 68.01% above its 52 week low of $7.39 and -1.99% away from its one year high of $12.54. The RSI of 57.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Mueller Water Products, Inc. manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the United States, Canada, China, and Australia. The company operates in three segments: Mueller Co., Anvil, and Mueller Technologies. The Mueller Co. segment offers valves for water and gas systems, including iron gate, butterfly, tapping, check, plug, knife, plug, and ball valves; dry-barrel and wet-barrel fire hydrants; pipe repair products, such as clamps and couplings used to repair leaks; small valves, meter bars, and line stopper fittings for use in gas systems; and machines and tools for tapping, drilling, extracting, installing, and stopping-off. This segment sells its products primarily through waterworks distributors to various end user customers, including municipalities, water and wastewater utilities, gas utilities, and fire protection and construction contractors. The Anvil segment offers a range of products, including various fittings, couplings, hangers, valves, and related piping component system products for use in non-residential construction for HVAC, fire protection, industrial, energy, and oil and gas applications. This segment sells its products principally through distributors to various end users, including commercial contractors. The Mueller Technologies segment provides residential and commercial water metering products and systems; and leak detection and pipe condition assessment products and services, primarily directly to end users, such as municipalities, as well as sells water metering products through waterworks distributors. Mueller Water Products, Inc. is headquartered in Atlanta, Georgia.

Brown-Forman Corporation (BF-B) saw its value decrease by -1.76% as the stock dropped $-0.84 to finish the day at a closing price of $46.93. The stock was lighter in trading and has fluctuated between $45.01-$54.56 per share for the past year. The shares, which traded within a range of $46.88 to $47.73 during the day, are down by -6.57% in the past three months and down by -2.9% over the past six months. It is currently trading -5.09% below its 20 day moving average and -4.22% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $0 a share over the next twelve months. The current relative strength index (RSI) reading is 31.37. The technical indicator lead us to believe there will be no major movement any time soon, hold.

 

Eye Catching Stocks: Liberty Broadband Corporation (LBRDK), Emerson Electric Co. (EMR), Ciena Corporation (CIEN)

Liberty Broadband Corporation (LBRDK) managed to rebound with the stock climbing 0.32% or $0.22 to close the day at $68.53 on light trading volume of 4.51M shares, compared to its three month average trading volume of 748.56K. The Englewood Colorado 80112 based company has been outperforming the broadcasting – tv group over the past 52 weeks, with the stock gaining 29.01%, compared to the industry which has advanced 2.04% over the same period. With RSI of 67.01, the stock should still continue to rise and get closer to its one year target estimate of $72.67, making it a hold for now.

Liberty Broadband Corporation, a cable operator, provides video programming, Internet, voice, and advanced video services to residential and commercial customers in the United States. It operates through TruePosition and Charter segments. The TruePosition segment develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services; and services in support of national security and law enforcement. This segment also operates a location network, which provides hybrid wireless positioning technology and contextual location intelligence solutions. The Charter segment offers cable services, such as digital video services; local and long distance calling; and video entertainment services, Internet access, business telephone services, data networking, and fiber connectivity to cellular towers and office buildings, as well as sells advertising on cable television networks. As of December 31, 2015, this segment served approximately 4.3 million residential video customers; 5.2 million residential Internet customers; and 2.6 million residential voice service customers, as well as 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. The company is based in Englewood, Colorado.

Emerson Electric Co. (EMR) fell -1.48% during last trading as the stock lost $-0.79 to finish the day at $52.68 with about 4.5M shares changing hands, compared to its three month average trading volume of 3.58M. The $34.13B market cap company, which fluctuated between $52.6 and $53.4 during the day, currently situated 31.32% above its 52 week low of $41.25 and -6.3% away from its one year high of $56.82. The RSI of 43.69 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. Its Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. This segment also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. It serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. The company’s Industrial Automation segment provides alternators and other power generation equipment; commercial and industrial motors and drives; fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products. Its Network Power segment designs, manufactures, installs, and maintains critical and uninterruptible power systems, thermal management equipment, integrated data center control devices, software, monitoring, and data center infrastructure management solutions for telecommunications networks, data centers, and other critical applications. The company’s Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.

Ciena Corporation (CIEN) saw its value decrease by -1.29% as the stock dropped $-0.28 to finish the day at a closing price of $21.45. The stock was higher in trading and has fluctuated between $15.61-$25.46 per share for the past year. The shares, which traded within a range of $21.27 to $21.85 during the day, are up by 7.09% in the past three months and up by 26.25% over the past six months. It is currently trading 1.73% above its 20 day moving average and 6.79% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $24.72 a share over the next twelve months. The current relative strength index (RSI) reading is 60.59. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. The company’s Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products comprise the 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System. This segment also sells operating system software and enhanced software features embedded in each of these products. Its Packet Networking segment provides the 3000 family of service delivery switches and service aggregation switches, the 5000 family of service aggregation switches, 8700 Packetwave Platform, and the Ethernet packet configuration for the 5410 Service Aggregation Switch. The company’s Optical Transport segment transports voice, video, and data traffic at high transmission speeds. Its principal products include the 4200 Advanced Services Platform, Corestream Agility Optical Transport System, 5100/5200 Advanced Services Platform, Common Photonic Layer, and 6100 Multiservice Optical Platform. Its Software and Services segment offers network management solutions, including the OneControl Unified Management System, ON-Center Network & Service Management Suite, Ethernet Services Manager, Optical Suite Release, and Planet Operate; Blue Planet software platform; and SDN Multilayer WAN Controller and its related applications. This segment also provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.

 

Stocks Highlights: Liberty Broadband Corporation (LBRDK), Carrizo Oil & Gas Inc. (CRZO), L Brands, Inc. (LB)

Liberty Broadband Corporation (LBRDK) had a light trading with around 1.57M shares changing hands compared to its three month average trading volume of 735.75K. The stock traded between $68.1 and $68.82 before closing at the price of $68.31 with -0.63% change on the day. The Englewood Colorado 80112 based company is currently trading 65.4% above its 52 week low of $41.3 and -1.26% below its 52 week high of $69.18. Both the RSI indicator and target price of 65.51 and $72.67 respectively, lead us to believe that it should be put on hold over the coming weeks.

Liberty Broadband Corporation, a cable operator, provides video programming, Internet, voice, and advanced video services to residential and commercial customers in the United States. It operates through TruePosition and Charter segments. The TruePosition segment develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services; and services in support of national security and law enforcement. This segment also operates a location network, which provides hybrid wireless positioning technology and contextual location intelligence solutions. The Charter segment offers cable services, such as digital video services; local and long distance calling; and video entertainment services, Internet access, business telephone services, data networking, and fiber connectivity to cellular towers and office buildings, as well as sells advertising on cable television networks. As of December 31, 2015, this segment served approximately 4.3 million residential video customers; 5.2 million residential Internet customers; and 2.6 million residential voice service customers, as well as 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. The company is based in Englewood, Colorado.

Carrizo Oil & Gas Inc. (CRZO) continued its upward trend with the stock climbing 0.18% or $0.07 to close the day at $38.91 on active trading volume of 1.57M shares, compared to its three month average trading volume of 1.52M. The Houston Texas 77002 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 6.81%, compared to the industry which has advanced 5.49% over the same period. With RSI of 61.07, the stock should still continue to rise and get closer to its one year target estimate of $44.58, making it a hold for now.

Carrizo Oil & Gas, Inc., together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the United States. The company holds interests in oil and gas plays, including Eagle Ford Shale in Texas; the Delaware Basin in West Texas; the Utica Shale in Ohio; the Niobrara Formation in Colorado; and the Marcellus Shale in Pennsylvania. As of December 31, 2015, it had proved oil and gas reserves of 170.6 million barrels of oil equivalent; and operated 474 gross productive oil and gas wells. The company was founded in 1993 and is based in Houston, Texas.

L Brands, Inc. (LB) shares were down in last trading by -0.48% to $76.46. It experienced lighter than average volume on day. The stock decreased in value by almost -1.71% over the past week and grew 3.63% in the past month. It is currently trading 7.11% above its 50 day moving average and -3.69% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -20.17% decrease in value from its one year high of $101.11. The RSI indicator value of 61.97, lead us to believe that it is a hold for now.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.