Bank earnings reports continue with several financial institutions reporting, including The Bank of New York Mellon (NYSE: BK) and Bank of America (NYSE: BAC) on Monday and Goldman Sachs (NYSE: GS) on Tuesday.
Bank of America (NYSE: BAC)
Bank of America (NYSE: BAC) reports quarterly earnings on October 17 before the market open. FactSet analyst estimates provide an EPS consensus of $0.78 and a sales consensus of $23.54bn.
According to Bloomberg, Bank of America Corporation operates as a financial holding company. The company offers saving accounts, deposits, mortgage and construction loans, cash and wealth management, certificates of deposit, investment funds, credit and debit cards, insurance, and mobile and online banking services.
Bank of America serves customers worldwide.
Over the past year, BAC stock has traded between $29.31 and $50.11. Today it trades at around $31.69. Year-to-date, the Bank of America stock price is down over -30%, while the S&P 500 is down -23.49% over the same period.
BAC stock has a price-to-earnings ratio (P/E) of 9.87. Its price-to-book-value (P/BV) is 1.07. BAC stock comes with a dividend yield of 2.78%.
FactSet analysts have a consensus Overweight rating on BAC stock with a target share price of $40.61.
Netflix (NASDAQ: NFLX)
Netflix (NASDAQ: NFLX) reports quarterly earnings on October 18 after the market close. FactSet analyst estimates provide an EPS consensus of $2.14 and a sales consensus of $7.83bn.
The streaming entertainment service company has endured a volatile year. Over the past twelve months, NFLX stock has traded between $162.71 and $700.99. Today it trades at around $232.51.
Year-to-date, the Netflix stock price is down over -60%.
FactSet analysts have a consensus Hold rating on NFLX stock with a target share price of $256.35.
NFLX stock has a price-to-earnings ratio (P/E) of 21.76. Its price-to-book-value (P/BV) is 5.42. NFLX stock does not offer a dividend.
Philip Morris International (NYSE: PM)
Philip Morris International (NYSE: PM) reports quarterly earnings on October 20 before the market open. FactSet analyst estimates provide an EPS consensus of $1.35 and a sales consensus of $7.25bn.
According to Bloomberg, Philip Morris International is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company's current product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor and oral nicotine products.
Over the past year, PM stock has traded between $82.85 and $112.48. Today it trades at around $86.80. Year-to-date, the Philip Morris International stock price is down -9.3%.
FactSet analysts have a consensus Overweight rating on PM stock with a target share price of $103.27.
PM stock has a price-to-earnings ratio (P/E) of 14.98 and a dividend yield of 5.82%.
Freeport-McMoRan (NYSE: FCX)
Freeport-McMoRan (NYSE: FCX) reports quarterly earnings on October 20. FactSet analyst estimates provide an EPS consensus of $0.30 and a sales consensus of $4.99bn.
According to Bloomberg, Freeport-McMoRan Inc. is an international natural resources company. The company operates large, long-lived, geographically diverse assets with significant reserves of copper, gold, molybdenum, cobalt, oil, and gas.
Over the past year, FCX stock has traded between $24.80 and $51.99. Today it trades at around $28.14. Year-to-date, the Freeport-McMoRan stock price is down over -32.2%.
FactSet analysts have a consensus Overweight rating on FCX stock with a target share price of $36.38.
FCX stock has a price-to-earnings ratio (P/E) of 8.9. Its price-to-book-value (P/BV) is 2.85. FCX stock comes with a dividend yield of 2.04%.
Schlumberger (NYSE: SLB)
Schlumberger (NYSE: SLB) reports quarterly earnings on October 21 before the market open. FactSet analyst estimates provide an EPS consensus of $0.55 and a sales consensus of $7.10bn.
Schlumberger NV provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry. It operates through the following business segments: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems.
Over the past year, SLB stock has traded between $27.65 and $49.83. Today it trades at around $42.78. Year-to-date, the Schlumberger stock price is up 34.7%.
FactSet analysts have a consensus Buy rating on SLB stock with a target share price of $49.79.
SLB stock has a price-to-earnings ratio (P/E) of 24.19. Its price-to-book-value (P/BV) is 3.83. SLB stock comes with a dividend yield of 1.58%.
