Valuation

Factors fluctuate between periods of under and out performance. In addressing the question of what worked in the trailing 12-months, our results indicate that factors based on analyst revisions, which investors tend to believe do not work well anymore, performed solidly. Factors based on earnings quality and valuation also produced positive returns. A common question [...]

Takeover fever in the brewing industry may help explain why Tsingtao Brewing (0168.HK) shares currently command a premium price, but shrinking margins and high capital spending levels suggest that the company’s earnings might not be sustainable. Tsingtao beer may not have quite the same level of name recognition as Budweiser or Heineken, but nevertheless it [...]

While first-quarter earnings season has been festive so far this year, with a near-record rate of positive surprises helping to buoy stock prices, not every company is going to deliver such upbeat news. Moreover, StarMine models suggest that not every company that does manage to announce better-than-expected results for the just-ended quarter is automatically a [...]

Goldman Sachs Group, Inc. (GS.N), the white-shoe powerhouse investment bank is one of 86 companies in the S&P 500 index scheduled to report its earnings this week – and it is one that analysts expect to report an upside surprise when it announces those results tomorrow. That is the signal that StarMine’s SmartEstimate is signaling. [...]

When Larry Page took the helm at Google as the company’s CEO last spring, the technology titan’s stock was trading at $587.68 a share, a premium of about $100 a share, according to the StarMine Intrinsic Value model. Today, a year later, while the stock has climbed to $635.15 a share, fair value has increased [...]

Apple’s newest iPad will hit retail outlets and the mailboxes of customers today, while the company’s stock may join in the festivities by closing above $600 a share for the first time. Since last week’s introduction of the new device, the stock price has soared and analysts polled by StarMine have become significantly more bullish [...]

Let’s face it: Amazon’s online business model and Kindle e-book readers are a lot sexier than Macy’s bricks-and-mortar business selling everything from kitchen appliances and socks to designer handbags. As a result, the media may love talking about Amazon and its growth prospects, even though the much quieter Macy’s may prove to be a better [...]

Corporate Insiders haven’t been adding much to their share holdings as the S&P 500 approached and then rose above its April 2011 high of 1364.49 early this week, but they certainly are selling shares they own that have appreciated in value, according to data from Thomson Reuters Stock Reports+, which monitors insider buying and selling [...]

The list of predictions for 2012 published by Reuters Breakingviews ranges from the offbeat – the impact of economic prosperity in the BRIC nations on the global trade in soccer players – to the downright whimsical – a reflection on the zoological terminology being used in financial commentary. But the annual predictions book also includes [...]