Stocks were little changed on Monday, echoing the very small moves in the market last week.
Shawn Baldwin/Bloomberg NewsThe Dow Jones Industrial Average climbed 1.92 points, or 0.01%, to 20658.02, while the S&P 500 Index is up 1.62 points, or 0.07%, to 2357.16, and the Nasdaq gained �3.11 points, or 0.05%, to 5880.93.
Markets are in a bit of a lull as they wait for the beginning of the first-quarter earnings season later this week.
As The Wall Street Journal reports, analysts expect S&P 500 companies to grow earning about 9% year over year.
James Investment Research argues that investors should be looking on currency headwinds as the U.S. dollar remains strong:
Earnings�season is underway and the strong U.S. Dollar appears to be a concern for some companies in the S&P 500. The U.S. Trade Weighted Dollar is up 3.4% over the last 12 months and the strength looks to be weighing on�earnings. FactSet reports 23 companies in the S&P 500 have reported�earnings�and 11 of them note the negative impact the strong dollar has had.�Currency fluctuations can have an enormous impact on the�earnings�of large companies. Recently, a few companies point to the devalued peso as a headwind for sales and�earnings. Proposed tax reform and trade policies also appear to be impacting these companies. This could be beneficial for smaller companies with greater domestic based revenues.�
Best Value Stocks To Own For 2019: Methode Electronics, Inc.(MEI)
Advisors' Opinion:- [By Logan Wallace]
ValuEngine cut shares of Methode Electronics (NYSE:MEI) from a hold rating to a sell rating in a research note published on Wednesday morning.
MEI has been the topic of several other research reports. Zacks Investment Research lowered Methode Electronics from a buy rating to a hold rating in a research report on Saturday, February 24th. Robert W. Baird reissued an outperform rating and set a $51.00 target price (up previously from $48.00) on shares of Methode Electronics in a research report on Friday, March 2nd. Finally, TheStreet lowered Methode Electronics from a b rating to a c+ rating in a research report on Friday, March 2nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of $48.75.
- [By Logan Wallace]
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
Get Methode Electronics alerts: Analysts Expect Methode Electronics (MEI) Will Announce Quarterly Sales of $242.88 Million (americanbankingnews.com) Methode Electronics (MEI) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com) Analysts Anticipate Methode Electronics (MEI) Will Post Earnings of $0.74 Per Share (americanbankingnews.com) Commit To Buy Methode Electronics At $35, Earn 5.8% Annualized Using Options (nasdaq.com)Shares of Methode Electronics opened at $41.75 on Tuesday, Marketbeat reports. Methode Electronics has a 12-month low of $41.85 and a 12-month high of $42.60. The company has a market capitalization of $1.56 billion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 0.88 and a beta of 0.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.03 and a quick ratio of 3.47.
- [By Motley Fool Staff]
Methode Electronics (NYSE:MEI) Q4 2018 Earnings Conference CallJun. 21, 2018 11:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Methode Electronics (MEI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Best Value Stocks To Own For 2019: Midstates Petroleum Company, Inc.(MPO)
Advisors' Opinion:- [By Stephan Byrd]
Press coverage about Midstates Petroleum (NYSE:MPO) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Midstates Petroleum earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news headlines about the energy producer an impact score of 46.005644497441 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
- [By Shane Hupp]
These are some of the news articles that may have effected Accern’s analysis:
Get Midstates Petroleum alerts: Centerbridge Credit Partners M Sells 109,893 Shares of Midstates Petroleum (MPO) Stock (americanbankingnews.com) Midstates Petroleum (MPO) Major Shareholder Centerbridge Credit Partners M Sells 171,200 Shares (americanbankingnews.com) Midstates Petroleum (MPO) CAO Richard Wayne Mccullough Sells 3,170 Shares (americanbankingnews.com) Midstates Petroleum (MPO) Director Michael Reddin Purchases 10,100 Shares (americanbankingnews.com) Midstates Petroleum (MPO) CEO David J. Sambrooks Acquires 15,300 Shares (americanbankingnews.com)A number of research firms recently commented on MPO. TheStreet downgraded shares of Midstates Petroleum from a “c-” rating to a “d” rating in a research report on Wednesday, March 14th. ValuEngine downgraded shares of Midstates Petroleum from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st.
Best Value Stocks To Own For 2019: TD Ameritrade Holding Corporation(AMTD)
Advisors' Opinion:- [By Logan Wallace]
TD Ameritrade (NASDAQ:AMTD) announced a quarterly dividend on Monday, April 23rd, RTT News reports. Shareholders of record on Tuesday, May 8th will be paid a dividend of 0.21 per share by the financial services provider on Tuesday, May 22nd. This represents a $0.84 annualized dividend and a yield of 1.42%. The ex-dividend date is Monday, May 7th.
- [By ]
TD Ameritrade Holding Corp. (AMTD) has made crypto history as the first firm ever to place an advertisement on the blockchain. "Through a series of transactions we became the first brand to place an ad in the blockchain. Why? Well, we love finding new ways to use emerging technology. So we decided to have a little fun and plant our flag," TD wrote on its website, where it included a photo of the ad embedded right into the blockchain code. The process took 68 transactions and TD used the OP_Return feature in bitcoin's protocol to insert characters as one might write a memo on a check. The resulting transactions were invalid, but they remain preserved on the blockchain ledger for as long as it exists.
- [By Spencer Israel]
Panel moderator John Hart, Director of Trading at TD Ameritrade (NASDAQ: AMTD), asked what the future of public and private blockchains are. He wondered whether we will live in a world where there are a few public chains that everybody uses, or will you just pick a chain off a shelf like an Amazon.com (NASDAQ: AMZN) server?
- [By Jordan Wathen]
The discount broker now has its sights set on a larger demographic of investors who use exchange-traded funds (ETFs) to invest. Firstrade rolled out commission-free trades on more than 700 ETFs, including some popular ETFs from issuers like Vanguard, which are hard to find in fee-free form after they were culled from TD Ameritrade's (NASDAQ:AMTD)�list of�commission-free ETFs last year.
- [By Wayne Duggan]
The cryptocurrency market lacks a company that combines currency mining and currency exchange, Dede said. No companies are creating ties between digital currency exchanges and mainstream consumer-focused brokerages, such as TD Ameritrade Holding Corp. (NASDAQ: AMTD) and E*TRADE Financial Corp (NASDAQ: ETFC), he said.
Best Value Stocks To Own For 2019: Focus Media Holding Limited(FMCN)
Advisors' Opinion:- [By Stephan Byrd]
An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.
Best Value Stocks To Own For 2019: Intrepid Potash, Inc(IPI)
Advisors' Opinion:- [By Lisa Levin]
On Wednesday, the materials shares rose 0.86 percent. Meanwhile, top gainers in the sector included Intrepid Potash, Inc. (NYSE: IPI), up 8 percent, and Lithium Americas Corp. (NYSE: LAC) up 6 percent.
- [By Shane Hupp]
Intrepid Potash (NYSE:IPI)’s share price was down 5.8% on Tuesday following insider selling activity. The stock traded as low as $4.00 and last traded at $4.05. Approximately 1,663,655 shares changed hands during trading, an increase of 53% from the average daily volume of 1,087,289 shares. The stock had previously closed at $4.30.
- [By Maxx Chatsko]
While the global fertilizer industry continues to struggle with imbalanced markets, efforts hyper-focused on operational efficiency have begun to pay off for several producers. Investors can count small cap Intrepid Potash (NYSE:IPI) among them.
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