Phillips 66 (NYSE: PSX), an energy company with a market capitalization of $51.9 billion, saw its share price increase by 16.0% over the last month. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could shares still be trading… Keep Reading
Centurylink Inc (NYSE: CTL) has distributed 104.6% of its profits in the form of dividends over the last twelve months making the stock a prime candidate to be valued using a dividend discount analysis. Operating as a telecom company paying a dividend yield of 11.6%, could the large-cap stock be trading at an attractive valuation? Let’s… Keep Reading
Avangrid Inc (NYSE: AGR) generated a below average return on equity of 4.4% over the past twelve months, while the Utilities sector returned 8.4%. Even though Avangrid’s performance is subpar relative to its peers, it’s useful to understand what’s really driving the company’s low ROE and how it’s trending. Understanding these components may change your views… Keep Reading
Intercontinental Exchange (NYSE: ICE) shares currently trade at 16.8x trailing earnings which is lower than the Financials sector median of 19.6x. While this makes ICE look like a stock to add to your portfolio, equity investors might change their mind after taking a closer look at the assumptions behind the P/E ratio. In this article, I… Keep Reading