Latest news for Haier Smart Home (OTC:HSHCY) Stock

Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2023, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.

HAIER SMART HOME U/ADR by HAIER SMART HOME CO LTD.

Haier Smart Home Co Ltd

Urban Outfitters (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $47.75, a high estimate of $59.00, and a low estimate of $42.00. This upward trend is apparent, with the current average reflecting a 13.02% increase from the previous average price target of $42.25.
<img src="https://www.benzinga.com/files/images/story/2024/1732712477_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The perception of Urban Outfitters by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$46.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$59.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$42.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$44.00</td>
<td>$44.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Urban Outfitters. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Urban Outfitters compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Urban Outfitters's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Urban Outfitters's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/URBN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Urban Outfitters analyst ratings.</a>
<h2>Discovering Urban Outfitters: A Closer Look</h2>
Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates more than 700 stores and e-commerce in the United States (87.5% of fiscal 2024 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 91% of fiscal 2024 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly (5% of sales). Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (66% of sales), home goods (16% of sales), accessories (13% of sales), and more.
<h3>Urban Outfitters's Economic Impact: An Analysis</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Urban Outfitters displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 6.27%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Urban Outfitters's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.69% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Urban Outfitters's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.34% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Urban Outfitters's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.78% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Urban Outfitters's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.49.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

URBN

Evaluating Urban Outfitters: Insights From 4 Financial Analysts

Baird analyst Michael Bellisario initiates coverage on Expedia Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) with a Outperform rating and announces Price Target of $225.

News

Price Target

Initiation

EXPE

Baird Initiates Coverage On Expedia Group with Outperform Rating, Announces Price Target of $225

President-elect Donald Trump&#8216;s move to impose 25% tariffs on Canada can thwart the growth of the stock markets and affect corporate profits, inflation, transportation and oil marketing companies.
What Happened: This comes as Goldman Sachs head of commodities research, Daan Struyven told <a href="https://www.bloomberg.com/news/articles/2024-11-27/goldman-sees-significant-hit-to-us-from-trump-s-canada-tariffs">Bloomberg </a>that &#8220;The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S.&#8221;
&#8220;He said that tariffs could significantly affect U.S. consumers, U.S. refiners, and Canadian producers," on Wednesday. In order for American producers to export more of their own oil, the U.S. imports almost 4 million barrels of Canadian crude a day. Struyven added that this could be a &#8220;negotiating tool.&#8221;
"Given the focus from Trump to lower energy costs, we think Canada tariffs are somewhat unlikely,&#8221; he added
U.S. and Canada along with Mexico signed the United States–Mexico–Canada Agreement as an update to North American Free Trade Agreement, or NAFTA in 2020. It allowed for mostly duty-free trade between the three countries. Trump&#8217;s threat of tariffs would seem to violate the terms.
Also read: <a href="https://www.benzinga.com/general/market-summary/24/11/42206673/trumps-running-mate-vice-president-pick-and-venture-capitalist-jd-vance-holds-etfs-bitcoin-and-more-here-is-a-look-at-his-portfolio">JD Vance&#8217;s Investment Playbook Has Bitcoin And ETFs: Here&#8217;s What Else The VP-Elect Is Betting On</a>
Why It Matters: As higher Canadian tariffs could raise the domestic fuel prices in the U.S., it will impact the corporate profits of many companies and increase both, consumer and producer price inflation.
The input costs of transportation and oil marketing companies can increase, which may lower their profits and stock prices. Also, investors may want to short the stocks of these companies when oil prices are high.
A few of the many transportation companies that would get affected by this include, Union Pacific Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>), CSX Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>), Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), Old Dominion Freight Line Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>), TFI International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFII#NYSE">TFII</a>), Knight-Swift Transportation Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>), XPO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>) and Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>).
Similarly, companies like Chevron Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), Exxon Mobil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), BP plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>), TotalEnergies SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>), Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>), Enbridge Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), and ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) are a few oil marketing companies that my bear the direct brunt of this.
Read next: <a href="https://www.benzinga.com/markets/equities/24/11/42186167/michael-saylors-microstrategy-convertible-notes-to-buy-bitcoin-offer-no-interest-so-why-are-investors-rushing-to-buy-them">Michael Saylor&#8217;s MicroStrategy Convertible Notes To Buy Bitcoin Offer No Interest, So Why Are Investors Rushing To Buy Them?</a>
Photo by Hamara via Shutterstock

Equities

Macro Economic Events

Macro Notification

Market Summary

Economics

Markets

ODFL

SHEL

TFII

UBER

Trump's Tariff Threat To Canada May Disrupt Oil Markets, Inflate Prices: 'Would Likely Raise The Price Of Fuels,' Says Analyst

Telsey Advisory Group analyst Joseph Feldman maintains Kroger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) with a Outperform and raises the price target from $62 to $65.

Telsey Advisory Group Maintains Outperform on Kroger, Raises Price Target to $65

7 analysts have expressed a variety of opinions on Vince Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNCE#NYSE">VNCE</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">7</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Vince Holding, revealing an average target of $3.0, a high estimate of $3.00, and a low estimate of $3.00. This current average is unchanged from the previous average price target. 
<img src="https://www.benzinga.com/files/images/story/2024/1732712463_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of Vince Holding by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Vince Holding. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Vince Holding compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Vince Holding's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Vince Holding's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/VNCE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Vince Holding analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Vince Holding's Background</h2>
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.
<h3>Vince Holding: A Financial Overview</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Vince Holding displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 6.8%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Vince Holding's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 0.77%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Vince Holding's ROE stands out, surpassing industry averages. With an impressive ROE of 1.09%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Vince Holding's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.24%, the company showcases efficient use of assets and strong financial health.
Debt Management: Vince Holding's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.76, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

VNCE

Vince Holding Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)

Analysts' ratings for Kohl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $20.25, a high estimate of $25.00, and a low estimate of $17.00. This current average has decreased by 12.9% from the previous average price target of $23.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1732712425_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of Kohl's by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$17.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Robert Drbul</td>
<td>Guggenheim</td>
<td>Lowers</td>
<td>Buy</td>
<td>$25.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Oliver Chen</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$21.00</td>
<td>$25.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kohl's. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kohl's compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Kohl's's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Kohl's's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/KSS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kohl's analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About Kohl's</h2>
Kohl's operates about 1,176 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl's also operates a large digital sales business. Women's apparel is Kohl's largest category, having generated 26% of its 2023 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.
<h3>Understanding the Numbers: Kohl's's Finances</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Negative Revenue Trend: Examining Kohl's's financials over 3 months reveals challenges. As of 31 July, 2024, the company experienced a decline of approximately -4.18% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 1.77%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.73%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.46%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Kohl's's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.95.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 4 Analyst Ratings Have To Say About Kohl's

Sony Gr's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) short percent of float has fallen 11.11% since its last report. The company recently reported that it has 9.50 million shares sold short, which is 0.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.86 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sony Gr Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732712424_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sony Gr has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Sony Gr's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sony Gr's peer group average for short interest as a percentage of float is 11.01%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Sony Group Corporation American Depositary Shares

SONY

How Is The Market Feeling About Sony Gr?

Jim Cramer, the outspoken host of CNBC's Mad Money, has publicly voiced his frustration over the backlash he receives for <a href="https://www.benzinga.com/markets/equities/24/11/42181201/jim-cramers-apple-endorsement-sparks-inverse-cramer-backlash-as-social-media-users-mock-his-own-it-advice">his market predictions</a>.
What Happened: <a href="https://www.youtube.com/watch?v=iyZS4EDFh2k">Speaking</a> candidly during a segment on Monday, Cramer acknowledged the intense scrutiny and personal attacks he faces, suggesting the weight of the criticism is taking a toll.
"I cannot take so much abuse," Cramer admitted during the broadcast, reflecting on the relentless criticism from both social media users and market observers. 
Known for his high-energy stock recommendations, Cramer has often found himself at the center of heated debates, with critics questioning the accuracy and impact of his financial advice.
In recent months, Cramer has faced heightened scrutiny as volatile markets have magnified the stakes of his calls. 
Responding to critics, he noted that the discourse has shifted beyond professional disagreements, adding, "The attacks have become personal, and it's no longer about the stocks—it's about tearing me down."
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42099670/core-fusion-upgrade-introduces-dual-staking-and-liquid-bitcoin-staking">Core Fusion Upgrade Introduces Dual Staking And Liquid Bitcoin Staking</a>
Bitcoin&#8216;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) price dropped by 2% on the same day Cramer advocated for cryptocurrencies as a part of every investor&#8217;s portfolio.
A statement on X on Monday to own Apple Inc. stock drew ridicule from the online community, with commentators describing Cramer as &#8220;financial QVC&#8221; and &#8220;the ultimate inverse indicator.&#8221;
Cramer, often the subject of memes due to the perceived inaccuracy of his market predictions, has faced criticism for his advice. 
At one point, a <a href="https://www.benzinga.com/etfs/specialty-etfs/24/01/36793492/exclusive-inverse-cramer-etf-shuts-down-how-the-magnificent-7-stocks-factor-in-and-a-broken-c#:~:text=An%20ETF%20that%20generated%20headlines,shut%20the%20fund%20was%20made.">short-lived exchange-traded fund</a> (ETF) was even created to profit by betting against his recommendations.
During the Nov. 26 episode of CNBC's Mad Money, Cramer argued that <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42205579/jim-cramer-says-bitcoin-and-ethereum-deserve-a-spot-in-your-portfolio-as-hedge-against-rising-us-debt-ive-liked-crypto-for-a-very-long-time">owning cryptocurrencies could act as a hedge</a> against the U.S.'s growing deficit, which has now surpassed $36 trillion.
"I think Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and maybe even some other cryptocurrencies deserve a spot in your portfolio," Cramer stated. "Maybe one day, if the deficit gets under control, I'll change my tune."
Cramer&#8217;s call echoes the thesis by JPMorgan analysts, who called Bitcoin the &#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41170398/bitcoin-gold-are-the-debasement-trade-in-uncertain-times-jpmorgan">debasement trade</a>&#8221; in light of the rising government debt burden.
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Jim Cramer 'Cannot Take So Much Abuse' After Drawing Ridicule For Bitcoin, Apple Calls — But He's Not The Only One Touting BTC

Honeywell Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HON#NYSE">HON</a>) short percent of float has risen 16.26% since its last report. The company recently reported that it has 9.28 million shares sold short, which is 1.43% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.87 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Honeywell Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732712418_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Honeywell Intl has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Honeywell Intl's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Honeywell Intl's peer group average for short interest as a percentage of float is 7.46%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Honeywell Intl's Recent Short Interest

Fidelity National Finl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNF#NYSE">FNF</a>) short percent of float has fallen 31.39% since its last report. The company recently reported that it has 2.08 million shares sold short, which is 0.94% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.17 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Fidelity National Finl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732712413_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Fidelity National Finl has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Fidelity National Finl's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Fidelity National Finl's peer group average for short interest as a percentage of float is 1.76%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Fidelity National Finl?

Baird analyst Michael Bellisario initiates coverage on Booking Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) with a Outperform rating and announces Price Target of $5850.

BKNG

Baird Initiates Coverage On Booking Holdings with Outperform Rating, Announces Price Target of $5850

Telsey Advisory Group analyst Dana Telsey maintains Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) with a Market Perform and raises the price target from $27 to $40.

VSCO

Telsey Advisory Group Maintains Market Perform on Victoria's Secret, Raises Price Target to $40

Telsey Advisory Group analyst Dana Telsey maintains Kohl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) with a Market Perform and lowers the price target from $23 to $17.

Telsey Advisory Group Maintains Market Perform on Kohl's, Lowers Price Target to $17

On Tuesday, PTC Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTCT#NASDAQ">PTCT</a>) revealed data from the global Phase 2 placebo-controlled CardinALS study of Utreloxastat in amyotrophic <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n42201952/ptc-therapeutics-announces-topline-results-of-cardinals-trial-of-utreloxastat-in-als-patients" rel="noreferrer noopener">lateral sclerosis patients</a>.
The study did not meet its primary endpoint of slowing disease progression on the composite ALSFRS-R and mortality analysis.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/11/41984686/fda-grants-conditional-approval-for-ptc-therapeutics-gene-therapy-as-first-ever-with-direct-administration-in-brain" rel="noreferrer noopener">FDA Grants Conditional Approval For PTC Therapeutics&#8217; Gene Therapy As First Ever With Direct Administration In Brain</a>
While modest numerical benefit was recorded on the primary endpoint, and a favorable clinical effect was correlated with lowering plasma neurofilament light chain (NfL), a biomarker of neuronal damage, statistical significance was not achieved (p= 0.52). In addition, significance was not achieved on the secondary efficacy endpoints.
Amyotrophic lateral sclerosis (ALS), sometimes referred to as motor neuron disease or&nbsp;Lou Gehrig&#8217;s&nbsp;disease, is a rare neurodegenerative disease that affects motor neurons in the brain and spinal cord.
Utreloxastat was demonstrated to be safe and well-tolerated in the CardinALS trial. However, further development is not planned due to the lack of efficacy and biomarker signal.
William Blair notes that while the CardinALS trial results were disappointing, the program was not a major factor in its investment thesis. As a result, ending the program does not affect the firm&#8217;s Outperform <a target="_blank" href="https://www.benzinga.com/quote/PTCT/analyst-ratings" rel="noreferrer noopener">rating on the stock</a>.
The analyst highlights the potential approval and launch of sepiapterin as a key growth driver over the next year, particularly in treating Phenylketonuria (PKU). William Blair believes the market is undervaluing this opportunity, with a PDUFA decision expected in July.
The analyst also points to growing investor interest in the company&#8217;s Huntington&#8217;s disease program. Given the strong commercial prospects of this small-molecule therapy, positive discussions with regulators about an accelerated approval pathway for PTC-518 could significantly boost the stock. A Type C meeting with the FDA is planned for the fourth quarter to discuss the regulatory pathway.
Additionally, the company aims to file a U.S. marketing application for vatiquinone in Friedreich&#8217;s ataxia (FA) by late 2024. William Blair expects approval based on the drug&#8217;s clinical data and the FDA&#8217;s recent neurology approvals, especially as no treatments exist for pediatric FA patients.
On Wednesday, PTC Therapeutics agreed to sell its Rare Pediatric Disease Priority Review Voucher <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n42210840/ptc-therapeutics-enters-into-agreement-to-sell-priority-review-voucher-for-150-million" rel="noreferrer noopener">for $150 million</a>.
PTC was granted the voucher along with the FDA approval of Kebilidi (eladocagene exuparvovec-tneq) for children and adults <a target="_blank" href="https://www.benzinga.com/general/biotech/24/11/41984686/fda-grants-conditional-approval-for-ptc-therapeutics-gene-therapy-as-first-ever-with-direct-administration-in-brain" rel="noreferrer noopener">with AADC deficiency</a>.
Price Action: PTCT stock is down 1.98% at $45.10 during the premarket session at last check Wednesday.
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PTCT

PTC Therapeutics Ends Utreloxastat Development After Rare Neurodegenerative Disease Trial Misses Goal, Analyst Maintains Outperform With Focus On Sepiapterin, Huntington's Programs

Guggenheim analyst Shahriar Pourreza maintains New Jersey Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NJR#NYSE">NJR</a>) with a Neutral and raises the price target from $46 to $49.

Guggenheim Maintains Neutral on New Jersey Resources, Raises Price Target to $49

Northland Capital Markets analyst Mike Grondahl maintains MoneyLion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ML#NYSE">ML</a>) with a Outperform and raises the price target from $80 to $100.

Northland Capital Markets Maintains Outperform on MoneyLion, Raises Price Target to $100

Telsey Advisory Group analyst Dana Telsey maintains Guess (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>) with a Market Perform and lowers the price target from $21 to $18.

Telsey Advisory Group Maintains Market Perform on Guess, Lowers Price Target to $18

Guggenheim analyst Robert Drbul maintains Kohl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) with a Buy and lowers the price target from $26 to $25.

Guggenheim Maintains Buy on Kohl's, Lowers Price Target to $25

Telsey Advisory Group analyst Dana Telsey maintains Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) with a Market Perform and raises the price target from $24 to $26.

Telsey Advisory Group Maintains Market Perform on Nordstrom, Raises Price Target to $26

Northland Capital Markets analyst Gus Richard reiterates Ambarella (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMBA#NASDAQ">AMBA</a>) with a Outperform and raises the price target from $75 to $95.

AMBA

Northland Capital Markets Reiterates Outperform on Ambarella, Raises Price Target to $95

Haier Smart Home Finds Bargain In Commercial Refrigeration Acquisition

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Reuters recently reported that UBS (NYSE:<a href="https://investorplace.com/stock-quotes/ubs-stock-quote/">UBS</a>) intends to <a href="https://www.reuters.com/business/finance/ubs-plans-restart-share-buybacks-logs-q4-loss-2024-02-06/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosmarkets&amp;stream=business">resume share repurchases</a> in 2024, doing as much as $1 billion in buybacks over the next year.&nbsp;



The move is part of the reallocation of cost savings it intends to find from the purchase of Credit Suisse. The integration plan for Credit Suisse includes finding up to $13 billion in cost savings by the end of 2026.&nbsp; &nbsp;



The share repurchases will likely accelerate should its cost savings goals be met over the next three years. This possibility has got me thinking about Chinese stocks and share repurchases. Chinese stocks have been hit more than most in the past year.&nbsp;



One of the best ways to buy China Class A shares is through the iShares MSCI China A ETF (BATS:<a href="https://investorplace.com/stock-quotes/cnya-stock-quote/">CNYA</a>). It tracks the performance of domestic Chinese equities listed on the Shanghai or Shenzhen Stock Exchanges. The ETF currently has <a href="https://www.ishares.com/us/products/273318/ishares-msci-china-a-etf">564 holdings</a>.&nbsp;



Many of its holdings have the cash flow necessary to do buybacks. Here are three that should be stepping up their share repurchases in 2024.&nbsp;



<h2>China Merchants Bank (CIHKY)&nbsp;</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/bank-stocks-300x169.jpg" alt='gold building with "bank" on the front to represent banking stocks'><div>Source: Shutterstock</div></div>


China Merchants Bank (OTCMKTS:<a href="https://investorplace.com/stock-quotes/cihky-stock-quote/">CIHKY</a>) is the third-largest holding in CNYA with a 1.78% weighting. Its shares are down nearly 36% over the past year.



The Chinese bank was founded in 1987. It was the first bank to undertake business outside of the government. Today, it has 1<a href="https://english.cmbchina.com/CmbInfo/About/DetailInfo.aspx?guid=ce1230c5-de69-441a-8861-d520fe3d287c">43 branches</a>, and 1,443 sub-branches, all located in 130 mainland China cities. According to the UK trade publication TheBanker.com, it is 11th on its most recent list of the Top 1000 World Banks.&nbsp;



The bank made the news recently in a bad way. The Chinese government gave Tian Huiyu, its former president, a <a href="https://www.bloomberg.com/news/articles/2024-02-05/china-hands-ex-merchants-bank-president-suspended-death-sentence">suspended death sentence</a> over bribes and insider trading. The official verdict gave the executive a two-year suspension (converted to imprisonment if he&rsquo;s not found guilty of more crimes in that time). He was arrested in Oct. 2022. As part of his arrest, he was kicked out of the Communist Party.&nbsp;



Despite the <a href="https://www.bloomberg.com/news/articles/2023-07-10/goldman-analysts-bearish-china-bank-view-draws-fresh-criticism">negative commentary</a> from Goldman Sachs regarding Merchants Bank&rsquo;s exposure to local government financing vehicles (LGFVs), the bank says that it only had $18.3 billion in loans to LGFVs at the end of 2022, about 13% of Goldman Sachs&rsquo; estimate.&nbsp;



In the nine months ended Sept. 30, 2023, Merchants Bank had <a href="https://s3gw.cmbimg.com/lb50.01-cmbweb-prd/cmbir/20231027/88a6b583-b67b-40d4-b32e-367eafaf57b7.pdf">260.2 billion</a> Chinese yuan ($36.2 billion) in operating profits. While 1.74% lower than the same period a year earlier, it has plenty to buy back its shares.&nbsp;



In January, buybacks of China A shares (<a href="https://www.bloomberg.com/news/articles/2024-02-07/everything-china-is-doing-to-rescue-its-battered-stock-market">$2.5 billion</a>) by Chinese companies were the highest monthly amount in the past three years.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;



<h2>BYD (BYDDF)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/byd-1600-300x169.png" alt="BYD Company Limited logo in front of their website. BYDDY stock."><div>Source: T. Schneider / Shutterstock</div></div>


BYD (OTCMKTS:<a href="https://investorplace.com/stock-quotes/byddf-stock-quote/">BYDDF</a>) is the 10th-largest holding in CNYA with a 0.91% weighting. Its shares are down over 22% in the past year.



BYD became famous because Warren Buffett and Charlie Munger invested <a href="https://fortune.com/2023/02/16/charlie-munger-byd-stake-warren-buffett-berkshire-hathaway-china-tesla/">$230 million</a> in the Chinese automaker in 2008 when electric vehicles weren&rsquo;t even on the radar. It was Munger who pushed for Berkshire Hathaway (NYSE:<a href="https://investorplace.com/stock-quotes/brk.b-stock-quote/">BRK.B</a>), calling its founder, Wang Chuanfu, a cross between &ldquo;Thomas Edison and Jack Welch,&rdquo; Fortune reported.&nbsp;



Although Berkshire began selling down its stake in 2022, it still owns 87.6 million (8% 0f BYD) of the original 225 million shares. The holding company has long since got its initial investment back.&nbsp;&nbsp;



In January, BYD overtook Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) to become the <a href="https://www.cnn.com/2024/01/03/cars/china-byd-explainer-tesla-intl-hnk/index.html">world&rsquo;s largest</a> seller of fully electric vehicles. Although the company doesn&rsquo;t sell any of its passenger vehicles in the U.S. yet, it does sell its electric buses, which are made in California.&nbsp;



Its vertically integrated EV business makes its own lithium iron phosphate batteries for its needs and sells the rest to other car manufacturers.



At the end of January, BYD reported a preliminary 2023 net income of between 29 billion Chinese yuan ($4.03 billion) and 31 billion ($4.31 billion). The result was just shy of the top end of its analyst estimate for the year of <a href="https://www.bloomberg.com/news/articles/2024-01-29/byd-preliminary-net-income-rises-up-to-87-but-misses-estimates">31.5 billion</a> ($4.38 billion).&nbsp;



That&rsquo;s still an impressive profit. As a result of the company&rsquo;s significant profit for the year, BYD announced a share buyback of 200 million Chinese yuan ($27.9 million) in December.&nbsp;&nbsp;



It could easily afford to do 20x the announced amount without losing sleep. I&rsquo;m sure Buffett hopes it does.&nbsp;



<h2>Haier Smart Home (HSHCY)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/smart_home_a_1600-300x169.jpg" alt="A hand holds a smart phone up with a fancy living room behind it."><div>Source: zhu difeng / ShutterStock.com</div></div>


Haier Smart Home&nbsp; (OTCMKTS:<a href="https://investorplace.com/stock-quotes/hshcy-stock-quote/">HSHCY</a>) is the 38th-largest holding in CNYA with a 0.43% weighting. Its shares are down more than 19% in the past year.



Haier is the largest manufacturer of household appliances in the world. It uses smart technology to improve the consumer&rsquo;s home experience. Its brands include Haier, Casarte, Leader and GE Appliances.&nbsp;



In December, the company announced acquiring Carrier Global&rsquo;s (NYSE:<a href="https://investorplace.com/stock-quotes/carr-stock-quote/">CARR</a>) commercial refrigeration business for <a href="https://www.prnewswire.com/news-releases/haier-smart-home-acquires-carriers-commercial-refrigeration-business-for-usd-640-million-302014753.html">$640 million</a>. It paid approximately 11x the business&rsquo;s 2022 earnings.&nbsp;



Carrier&rsquo;s commercial refrigeration business has over 2,000 service technicians operating in 10 countries, including the U.S. The transaction is expected to close in the second half of 2024.&nbsp;



Up until the announcement of this acquisition, Haier didn&rsquo;t have a commercial segment of its business. It does now, which enables it to grow its presence in food retail refrigeration and cold storage.&nbsp;



In the first nine months ended Sept. 30, Haier had an operating cash flow of <a href="https://smart-home.haier.com/en/gpxx/?id=stock_structure&amp;spm=inverstor.31583_pad.irheader_20200506_2.3">13.2 billion</a> Chinese yuan ($1.83 billion), up from 11.3 billion ($1.57 billion) in the same period in 2022. Its free cash flow in the first three quarters was 7.13 billion Chinese yuan ($990 million).&nbsp;



In April 2023, its board approved a share repurchase program of 3.0 billion Chinese yuan ($420 million) over the next 12 months. With an annualized free cash flow of $1.32 billion, it has plenty to make the buys. However, the program put a ceiling of 32 Chinese yuan ($4.45) a share on the buyback.&nbsp;



As of Sept. 30, 2023, it repurchased 40.41 million A shares for 921.83 million Chinese yuan ($128.1 million), or 22.81 Chinese yuan ($3.17) per share.&nbsp;



It&rsquo;s likely to complete the minimum buyback required by the authorization of 1.5 billion Chinese yuan ($210 million) before the April 2024 deadline.&nbsp;&nbsp;&nbsp;&nbsp;



On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/02/3-china-stocks-that-should-start-buybacks-right-now/">3 China Stocks That Should Start Buybacks Right Now</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 China Stocks That Should Start Buybacks Right Now

Harding Loevner Chinese Equity Q2 2024 Report

Haier Smart Home GAAP EPS of RMB1.12, revenue of RMB135.62B

Harding Loevner Chinese Equity Q3 2024 Report

Harding Loevner International Equity ADR Q3 2024 Report

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Press Releases

Carrier Announces Agreement to Sell Carrier Commercial Refrigeration to Haier

Haier Smart Home Acquires Carrier's Commercial Refrigeration Business for USD 640 million

Contracts

Haier Smart Home Intends to Acquire Electrolux South Africa's Water Heater Business

Commodities

Carrier Completes $775M Sale of its Commercial Refrigeration Business to Haier

Haier Smart Home Successfully Completes Acquisition of Carrier Commercial Refrigeration

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