Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.
NEW YORK, March 7, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Whirlpool Corp. (NYSE:WHR), Stanley Black & Decker, Inc. (NYSE:SWK), Jarden Corp. (NYSE:JAH), Snap-on Inc. (NYSE:SNA) and Helen of Troy Limited (NASDAQ:HELE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Whirlpool Corp. Research Report
Whirlpool will be reaffirming its full year 2013 outlook on its upcoming investor conferences, after reporting Q4 results with 40 percent less profit year over year though lower costs and higher prices brought income growth to its appliance business. The company expects 2013 earnings per share to come in at $9.80 to $10.30 and adjusted earnings of $9.25 to $9.75, both beating Wall Street estimates, as well as a 2 percent increase in industry-wide shipments of appliances from manufacturers. Whirlpool says the improving US housing market and sales growth in developing markets are fueling the high forecast. Meanwhile, the company reached a new 52-week high of $116 per share this week, before climbing up 2.63 percent to $117.36. The Street rates Whirlpool as a "buy," citing strengths in return on equity, debt management, and stock price performance. The Full Research Report on Whirlpool Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/2505_WHR]
Stanley Black & Decker, Inc. Research Report
Stanley Black & Decker has completed its acquisition of Hong Kong-based manufacturing firm Infastech for $850 million in cash from private equity firms CVC Capital Partners and Standard Chartered Private Equity Limited. The deal will improve Stanley's revenue generation policy and will add around 2000 employees from Infastech, as well as add earnings per share of 20 cents this year and 40 cents in 2015. Infastech has a diversified client base in the industrial, electronics, automotive, construction and aerospace end markets in over 150 countries. The company's well-known brands include Avdel, ELCO, and iForm. For the current quarter, Zacks estimates earnings per share to come in at $1.02, with an estimated $5.50 per share for the full year. The Full Research Report on Stanley Black & Decker, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/b56f_SWK]
Jarden Corp. Research Report
Jarden announced an increase in its share repurchase program to $500 million, and also agreed to buy back an aggregate of $250 million worth of common stock pursuant to Accelerated Stock Repurchase Agreements. The program also includes the remaining $130 million of unused capacity under the existing share repurchase program. Meanwhile, the company posted growth in revenues and earnings per share in its Q4 earnings report last month. Revenue came in at $1.82 billion, up from $1.74 billion year over year, and earnings per share at $1.26 cents, up from the previous year's 96 cents per share. In comparison, analysts predicted revenue of $1.81 billion and earnings of $1.26 per share. For the current quarter, the estimated revenue is at $1.55 billion and the earnings per share estimate is 56 cents. The Full Research Report on Jarden Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/86dc_JAH]
Snap-on Inc. Research Report
Snap-on announced fourth-quarter 2012 results early last month, reporting earnings per share of $1.43 from the previous year's $1.27, and a 2.3 percent increase in revenue at $753.2 million from $736.6 year over year. In comparison, analysts estimated earnings of $1.36 per share and revenue of $757.2 million. For the current quarter, the average estimate for revenue is $761.8 million and earnings per share of $1.36. The company expects to focus more on emerging markets, expanding its presence in new industries, enhance its mobile tool distribution network and expand in the vehicle repair garage. Last week, Snap-on was one of the companies that was instrumental in the stock market surge of core capital goods, rising to $79.59. The current share price is at $79.65 per share. The Full Research Snap-on Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/94ea_SNA]
Helen of Troy Limited Research Report
Helen of Troy reported year over year growth in its Q3 revenue and earnings per share, which also beat estimates credited to the performance of its Housewares segment, particularly its OXO brand. The company tallied revenue of $374.6 million, up from $338 million year over year, and earnings per share of $1.18, up from $1.04 year over year. Analysts meanwhile predicted revenue of $376.8 million and earnings of $1.14 per share. Management expects Q4 revenue of $324.9 million and earnings of 94 cents per share. For fiscal year 2013, Helen of Troy expects earnings per share in the range of $3.50 to $3.60, and revenue in the range of $1.275 billion to $1.3 billion. The Full Research Report on Helen of Troy Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/0f22_HELE]
Consider Investors Alliance
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.
Contact: Patricia Byers
©2012 PR Newswire. All Rights Reserved.