After taking into account the time value of money, our fair value estimate is now 8% higher.
With many luxury stocks trading close to record high multiples, we don’t see many compelling investment opportunities in the sector.
The narrow-moat firm's earnings and cash flow have been affected, but our fair value estimate is unchanged.
We're planning to raise our fair value estimate and view Amazon as our top pick in online retail.
We still believe shares of the wide-moat firm are undervalued.
Results are a continuation of current trends.
We don’t expect to materially change our $58 fair value estimate, and we view the shares as fairly valued.
We will be raising our fair value estimate by a mid-single-digit clip as we roll our model forward.
We have raised our fair value estimate based on an improving outlook.
We bumped our growth and margin assumptions up throughout our model and as a result, raise our fair value estimate to $185 from $155.
Tesla’s fourth-quarter results showed a $105 million profit with GAAP diluted EPS of $0.56, and adjusted basic EPS of $2.14 easily beat the Refinitiv consensus of $1.72.
With the better-than-expected fourth quarter results, we have adjusted our top- and bottom-line projections a bit higher.
The wide-moat firm continues to deal with the grounding of the 737 MAX, and we're slightly lowering our fair value estimate.
We think a hold on rate movements is the base case for 2020.
We don’t expect to materially change our fair value estimate, and we view AT&T shares as fairly valued.
We maintain our valuation for now as GE’s 2020 outlook is in line with our expectations for revenue, adjusted EPS, and industrial free cash flow.
The wide-moat firm closed hundreds of stores in China, and we encourage investors to keep this name on their radars for coronavirus-related pullbacks.
We are raising our fair value estimate for the narrow-moat firm as we incorporate superior near-term prospects.
Despite near-term weakness, we continue to be optimistic in our long-term forecast.
Results for the wide-moat firm were slightly below expectations due to marketing expenditures.
We don’t anticipate making a material change to our per share fair value estimate and assess shares as fairly valued.
We are raising our fair value estimate for the wide-moat firm as we incorporate the stronger near-term performance and outlook.
We believe investors should await a more favorable entry point before buying shares of this wide-moat firm.
We expect the strong 2020 guidance to support a slight increase to our fair value estimate, but we still don’t expect the stock to look undervalued.
We view Boeing’s updated return to service estimate of mid-2020 as reasonable, assuming no as-of-yet unknown problems are discovered.
We are retaining our narrow moat rating and are raising our fair value estimate.
Fourth-quarter revenue was slightly below our expectations though EPS was in line with our forecasts.
We don’t anticipate making a material change to our fair value estimate, and we assess the shares as being fairly valued.
We view the termination of the spin as favorable to shareholders and think shares of the no-moat firm are undervalued.
The wide-moat firm looks fairly valued.
Shares of the narrow-moat firm are fairly valued today.
The wide-moat firm reported decent fourth-quarter results.
We expect to increase our fair value estimate for the wide-moat firm.
Shares of the narrow-moat firm remain about fairly valued in our view.
The firm reported stellar fourth-quarter results that were well-above consensus.
We plan to raise our fair value estimate for the narrow-moat firm.
It is clear that the wide-moat firm is still a work in progress, and we are lowering our fair value estimate.
As this change in leadership does not affect our free cash flow assumptions, we are maintaining our $349 fair value estimate.
It appears to us that we are now in a holding pattern for rates.
Cheniere and Plains All American Pipeline rank favorably on sustainabilty issues and are attractively priced.
We plan to maintain our fair value estimate, leaving shares undervalued.
We recommend waiting for a pullback before taking a new long position in the stock.
We view shares as slightly undervalued but would wait for a larger margin of safety before investing.
We are maintaining our fair value estimate of $186 and view shares as attractive.
We believe that Schwab's already strong business model will be enhanced by the merger with TD Ameritrade, and we expect to assign a wide moat to the combined entity.
The transaction is expected to close in the middle of 2020 after approvals of Tiffany's shareholders and regulatory bodies.
We think no-moat Gap, although troubled, is undervalued.
We do not anticipate changes to our moat rating or our fair value estimate as a result of the change of leadership.
We expect no significant change to our fair value estimate and view shares as undervalued.
If a deal is announced, we anticipate multiple hurdles including a headline risk of antitrust, but we currently believe it's surmountable.