4 Stocks in the News Today: STZ, FDO, JKS, AA

Share On Facebook
share on Linkedin

Constellation Brands Inc. (NYSE:STZ): It is currently trading at $48.87, up 0.49 percent. It is trading in the range of $48.45 and $49.12 in the current trading session. The stock is up despite the company’s lower than expected earnings report.

© Image copyright the-o

Constellation Brands reported its net income for the quarter at $81.7 million, down from $103 million it had earned for the corresponding quarter of the previous year. On per share basis, its net income stood at 43 cents per share. The company claimed that its profit was hit by higher interest expense and bigger write off of financing costs. Constellation Brands announced that it earned $695.9 million in net sales for the quarter. The wine maker had reported its net sales at $628.1 million in the fourth quarter of the last year. The stock is higher than its 20 days moving average price of $48.76 and 50 days moving average price of $48.61. In the past 52 weeks, the stock’s price range has been $18.50 and $49.23. The stock’s beta is 1.06 and its Price Earnings ratio is 25.61. Constellation Brands Inc. commands market capitalization of $8.97 billion.

Family Dollar Stores Inc. (NYSE:FDO): The stock is trading at $59.24, 0.94 percent lower than its previous close. It has traded in the range of $58.27 and $59.44 in the current trading session. The discount store chain reported robust quarterly results. Its net income for the quarter rose from $136.4 million to $140.1 million. Its EPS for the quarter stood at $1.21 per share, up from $1.15 per share it had reported for the corresponding quarter of the last year. Family Dollar Stores also reported 17.7 percent increase in its net sales to touch $2.89 billion figure. It also accounted 2.9 percent increase in its comparable store sales. It has traded 927,500 shares so far, in comparison to its daily average trading volume of 1.29 million shares. Family Dollar Stores currently trades above its 20 days but below its 50 days moving average price, indicating neutral trend. It is likely to touch $59.92 figure in the coming trading sessions. The stock has traded in the range of $54.06 and $74.73 in the past 52 weeks. The company stock trades at Price Earnings ratio of 16.49 and its beta is at 0.18.

JinkoSolar Holding Co. Ltd. (NYSE:JKS): The company announced quarterly loss for the consecutive sixth quarter. The Chinese solar company reported higher loss at $122.2 million, up from $58.3 million loss it had incurred in the corresponding quarter of the previous year. The company’s per ADS stood at $5.51, up from loss of $2.58 per ADS. Its stock is currently trading 3.10 percent lower, at $5.62. The company has traded 178,736 shares in the current trading sessions so far and its stock has traded in the range of $2.00 and $10.07 in the past 52 weeks. JinkoSolar Holding is currently trading below its 20 days and 50 days moving average price of $5.89 and $5.94 respectively. JinkoSolar Holding designs and develops photovoltaic products. The company is based out of the Peoples Republic of China and it commands market capitalization of $124.68 million and 9 percent of its shares are owned by institutional investors.

Alcoa Inc. (NYSE:AA): The company stock is currently trading at $8.41, up 0.23 percent from its previous close of $8.39. The stock had opened at $8.43 and has traded in the range of $8.39 and $8.45 in the current trading session. It has traded 1.044 million shares as of now, while its regular daily trading volume stands at 18.172 million. Alcoa announced its first quarter revenue at $5.83 billion. It had earned $5.89 billion in revenue for the first quarter of the previous year. The company attributed the decline to lesser production days in the current quarter. Its net income for the quarter was reported at $149 million, up from $94 million for the first quarter of the previous year. On per share basis, its income stood at 13 cents per share. Alcoa stock is currently trading in line with its 20 days and above its 50 days moving average price of $8.41 and $8.40 respectively. The company stock trades at beta of 2.08 and its dividend yield stands at 1.43 percent. Alcoa commands market capitalization of $8.98 billion and its Price Earnings ratio is 42.52.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200805 14:20:03