Lululemon Athletica Inc (NASDAQ: LULU)
Lululemon Athletica Inc (NASDAQ: LULU) has announced that it will release its financial results for the fourth quarter and full year (fiscal 2022) on Tuesday, March 28, 2023.
Interested parties can participate in the conference call to discuss the financial results by dialing (800) 319-4610 or (604) 638-5340 for international calls 10 minutes prior to the start of the call. Alternatively, a live webcast of the conference call will be available online at the corporate website of Lululemon Athletica. A replay of the conference call will also be available online approximately 2 hours following the live call for a period of 30 days.
FactSet analyst estimates predict an EPS consensus of $9.90 and a sales consensus of $8.033bn.
Over the past year, LULU stock has traded between $251.51 and $410.70. Today it trades at around $313.45. So far this year, the Lululemon Athletica Inc stock price is down -3%, while the S&P 500 has risen 3.84% over the same period.
32 FactSet analysts have a consensus Overweight rating on LULU stock with a target share price of $378.52.
LULU stock has a price-to-earnings ratio (P/E) of 34.5 and a market cap of $40bn. The company currently does not give shareholders any dividend yield. Its latest annual revenue reported was: $6.25bn.
On Wednesday, Wells Fargo expressed their positive outlook on Lululemon Athletica, a company that sells athletic apparel, despite negative opinions in the market. According to analyst Ike Boruchow and his team, Lululemon is expected to achieve a 14% increase in revenue this year, mainly due to the company's strong performance in international markets, which is likely to offset flat growth in North America. The reason that Wells Fargo is recommending investing in Lululemon is that it believes that the current stock price is undervalued, making it an attractive opportunity for investors. This is because the negative views surrounding the company have already been considered by the market, and the potential for growth remains high.
About Lululemon Athletica
Lululemon Athletica is known for creating transformational products and experiences that build meaningful connections, unlocking greater possibilities and wellbeing for all. It works with yogis and athletes in local communities around the world for continuous research and product feedback, setting the bar for innovation in fabrics and functional designs.
Walgreens Boots Alliance Inc (NASDAQ: WBA)
On March 28, 2023, Walgreens Boots Alliance Inc (NASDAQ: WBA) is scheduled to release its fiscal 2023 second quarter results at 7 a.m. ET, followed by a one-hour conference call with WBA management at 8:30 a.m. ET.
FactSet analyst estimates predict an EPS consensus of $1.10 and a sales consensus of $33.52m.
Over the past year, WBA stock has traded between $30.39 and $48.48. Today it trades at around $32.70. So far this year, the Walgreens Boots Alliance Inc stock price is down -12%.
21 FactSet analysts have a consensus Hold rating on WBA stock with a target share price of $41.43.
WBA stock has a market cap of $28.2bn. The company currently gives shareholders a 5.8% dividend yield. Its latest annual revenue reported was: $132.7m, and in the past year, WBA stock has fallen -30.7%.
About Walgreens Boots Alliance Inc
Walgreens Boots Alliance Inc. is one of the largest pharmacy and healthcare companies in the world. It is an integrated healthcare, pharmacy, and retail leader with a presence in nine countries through its portfolio of consumer brands, such as Walgreens, Boots, and Duane Reade. The company is committed to creating more joyful lives through better health and is an index component of the Dow Jones Sustainability Indices.
The company generates revenue from retail pharmacy sales, prescription sales, and wholesale sales of pharmaceutical products. The company also offers a range of health and wellness products and services, such as flu shots, health screenings, and consultations with pharmacists.
Constellation Software Inc (TSE: CSU)
Constellation Software Inc. (TSX: CSU), a leading software company, has officially announced that it will release its financial results for the fourth quarter and the full year ending December 31, 2022, on March 29, 2023. Upon the market's closure on this date, the company will disseminate its quarterly results through a press release and make them accessible on its official website (www.csisoftware.com) and SEDAR.
As a part of Constellation's commitment to transparent communication, the company ceased hosting conference calls to discuss quarterly financial results, as stated in its press release on February 23, 2018. Instead, Constellation has implemented a dedicated link on its website for shareholders to submit inquiries directly to the management team. The company will periodically publish responses to selected questions, creating a searchable archive of previous responses that can be accessed at any time.
By adopting this approach, Constellation Software aims to provide investors with continuous access to pertinent information regarding the company's strategies, operations, and ongoing business plans, fostering an environment of transparency and accessibility for all stakeholders.
FactSet analyst estimates predict an EPS consensus of CAD$66.70 and a sales consensus of CAD$9.048bn.
Over the past year, CSU stock has traded between CAD$1,783.98 and CAD$2,460. Today it trades at around CAD$2,391.35. So far this year, the Constellation Software Inc stock price is up 12.3%.
7 FactSet analysts have a consensus Overweight rating on CSU stock with a target share price of CAD$2,503.61.
CSU stock has a P/E of 81.9 and a market cap of CAD$50.68bn. The company currently gives shareholders a 0.23% dividend yield.
About Constellation Software Inc
Constellation Software Inc is a diversified Canadian software company. The company acquires, manages, and builds vertical market software businesses that provide mission-critical software solutions to customers in various industries across the world.
Constellation Software Inc. conducts its operations through two primary segments: Public Sector and Private Sector. The Public Sector segment is dedicated to catering to the needs of government and government-related customers, providing them with tailored software solutions and services.
On the other hand, the Private Sector segment focuses on serving commercial customers, encompassing both small to medium-sized businesses and larger enterprises. By employing this dual-segment strategy, Constellation Software effectively addresses the unique requirements of diverse clients, ensuring a comprehensive range of software solutions across various industries and sectors.
K92 Mining Inc (TSE: KNT)
K92 Mining Inc (TSE: KNT) (OTCQX: KNTNF) has announced that it will release its Q4 and full-year 2022 financial results on March 30, 2023, providing insights into its performance for the year.
FactSet analyst estimates provide a full-year EPS consensus of CAD$0.26 and a sales consensus of CAD$259.66m for K92 Mining Inc.
Over the past year, KNT stock has traded between CAD$6.01 and CAD$10.52. Today it trades at around CAD$8.11.
13 FactSet analysts have a consensus Buy rating on KNT stock, with a target share price of CAD$11.66.
KNT stock has a forward P/E of 20.3 (currently 37.8), and its P/BV is 4.7.
What Does K92 Mining Inc Do?
K92 Mining focuses on producing gold, copper, and silver from its operations in Papua New Guinea, particularly the Kainantu Gold Mine. The Company declared commercial production in February 2018 and is in a strong financial position. In August 2022, a maiden resource estimate was completed for the Blue Lake porphyry project. K92's operations are led by a team of experienced mining professionals with a wealth of international mine-building and operational expertise.
K92 experienced two significant unplanned maintenance events in February, which will affect its production for both February and the first quarter. A bearing failure caused a two-day shutdown, but scheduled maintenance was carried out. Later, an electrical fire damaged cables, which were replaced by Feb 25th.
Despite 8 days of downtime, the incidents are not expected to affect the company's 2023 guidance.
Rumble Inc (NASDAQ: RUM)
Rumble Inc (NASDAQ: RUM), a video-sharing platform, will release fiscal quarter and full-year results ending December 31, 2022, on March 30, 2023, after market close. A conference call will follow at 5:00 p.m. Eastern Time. Access to the live webcast and related materials will be available on Rumble's Investor Relations website at investors.rumble.com.
FactSet analyst estimates provide a full-year EPS consensus of $0.78 and a sales consensus of $415.84m for Rumble Inc.
Over the past year, RUM stock has traded between $5.81 and $17.23. Today it trades at around $8.32. Year-to-date, the RUM share price is up 32%, but it is down -27.90% over the past twelve months.
Two FactSet analysts have a consensus Overweight rating on RUM stock, with a target share price of $15.
RUM stock has a P/BV of 9.4.
About Rumble
Rumble aims to create a neutral video platform immune to cancel culture and to restore the internet to its roots. The company aims to maximize shareholder returns by focusing on its mission and developing its product, growing its user base, and attracting top content creators. It encourages stakeholders to judge the company by the returns it delivers while working to restore a free and open internet. Furthermore, the company believes that its pursuit of a free and open internet has a societal benefit not captured by existing ESG frameworks.
Russell Brand has gained 1 million followers on Rumble, making him one of the platform's most popular creators. His message of free speech and challenging corporate media is resonating with viewers, and his podcast "Stay Free" has become popular, with some episodes reaching over 1.1 million views. Brand also features exclusive content for subscribers on Locals. He joined Rumble after being censored and demonetized by YouTube.
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