Justin Emerson

Pernod Ricard : Back to average

The summer season was more sober than usual for the world's number two in wines and spirits.

October 20, 2023 at 09:52 am EDT

Lockheed Martin Corporation : Half a surprise

Are the F-35 manufacturer's best days behind?

October 19, 2023 at 05:13 am EDT

Citigroup Inc. : At a steep discount, a warning sign

At less than half the value of its tangible shareholders' equity, Citi remains the most underpriced major US bank.

October 16, 2023 at 07:57 am EDT

JPMorgan Chase & Co. : Too good to last

JPMorgan Chase & Co., America's leading bank, has had an outstanding quarter, but warns that the positive trend on which it is riding will not last.

October 16, 2023 at 06:06 am EDT

Bang & Olufsen a/s : Out of fashion

The market welcomed yesterday's quarterly results.

October 12, 2023 at 11:45 am EDT

The Hershey Company : Stratospheric profitability

Shares in the famous American chocolatier are trading at a multiple of x19 next year's expected earnings, a notch below their historical average of x22 earnings.

October 11, 2023 at 08:07 am EDT

WK Kellogg Co : Spin-off of the cereals business, valuation on the rocks

Last week, Kellogg announced the spin-off of its North American cereals business into WK Kellogg, now independently listed on the NYSE.

October 09, 2023 at 09:57 am EDT

Novartis AG : Sandoz takes its first steps on the stock exchange

In a declining market and an extremely tense environment for the pharmaceutical industry in general, the Novartis generics and biosimilars division is today taking its first steps as an independent, listed entity.

October 04, 2023 at 10:32 am EDT

Repsol S.A. : Reconversion on track, potential future hydrogen heavyweight

The Spanish oil group's conversion to a major player in low-carbon fuels seems to be gaining market acceptance for the time being.

October 03, 2023 at 10:06 am EDT

Paychex, Inc. : Outstanding fundamentals

Number two in payroll management in the United States behind the titan Automatic Data Processing, Paychex published its quarterly results at the end of last week.

October 02, 2023 at 10:36 am EDT

Micron Technology, Inc. : Sales in free fall

Of all the old stock-market adages, one of the most often repeated is "what goes up too fast will come down even faster".

September 28, 2023 at 11:22 am EDT

Coty Inc. : A new luxury brand soon to be listed in Paris

Coty has applied for a dual listing of its shares on the Paris Stock Exchange, to attract the interest of European investors. The deal, which was announced a few weeks ago, comes against a backdrop of depressed stock market conditions for luxury goods stocks, which are falling on fears of lower sales growth.

September 26, 2023 at 11:07 am EDT

JD Sports Fashion Plc : Meteoric growth

Who can stop the British sportswear brand?

September 25, 2023 at 06:09 am EDT

FedEx Corporation : Valued at ten-year lows

The effects of a general economic slowdown are not sparing Fedex, but the Group is navigating this situation remarkably well for the time being.

September 22, 2023 at 09:27 am EDT

External growth vs. value creation

Our recent articles on a number of listed serial acquirers touched on an essential subject of financial analysis.

September 21, 2023 at 10:52 am EDT

Service Corporation International : Beats the SP500 to the punch

North America's leading funeral services provider pursues a different strategy from its distant rival.

September 21, 2023 at 10:48 am EDT

Park Lawn Corporation : An industry that won't be in crisis

An analytical challenge for all enterprising investors is to separate growth from value creation.

September 19, 2023 at 10:45 am EDT

S4 Capital plc : The market burns its former idol (again)

What happens when the trees that reach for the sky break on the stock market? A dizzying fall. That's what happened to S4 Capital in London this morning. The stock lost more than a quarter of its value after a warning on targets.

September 18, 2023 at 04:36 am EDT

Stellantis N.V. : Why so little interest from investors?

Global scale, superb brand portfolios, balance sheet strength, an exceptional CEO and the support of a first-rate reference shareholder: one might be surprised that, despite so many assets, Stellantis' valuation languishes at such low levels.

September 06, 2023 at 10:35 am EDT

ID Logistics Group : Attractive valuation

Yesterday, the contract logistics specialist reported its financial results for the first half.

September 01, 2023 at 11:46 am EDT

Turkey: Borsa Istanbul remains resilient

Against the backdrop of a global IPO slump, Istanbul stood out this year, attracting more IPOs than major European stock markets such as London, Frankfurt and Milan. A feat worthy of a tale from the Arabian Nights, but one that actually took place on the shores of the Bosphorus.

August 31, 2023 at 12:17 pm EDT