Option chain shows key data for Johnson Electric Hldgs's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Johnson Electric Hldgs.

Johnson Electric Hldgs (OTC:JEHLY) Stock, Option Chain

Johnson Electric Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and selling of electro-mechanical motion systems and solutions. The company is organized into two business units: Automotive Products Group and Industry Products Group of which Automotive Products Group contributes the vast majority of its total revenue. Its automotive products include cooling fans, electric power steering motors, headlamp actuators, transmission and driveline actuators. Its industry segment offers medical devices, circuit breakers, power tools, industrial and laboratory equipment, building automation, and optronics. Geographically, the company generates revenue from North America, the People's Republic of China, South America, Asia-Pacific, Europe, the Middle East and Africa.

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New 52-Week Lows For Monday Morning

JOHNSON EL HLDG UNSP/ADR by Johnson Electric Holdings Ltd.

Johnson Electric Holdings Ltd

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is trading around $95,500, down 3.4% over the past 24 hours, as on-chain data and whale activity suggest predictions of an imminent bear market <a href="https://www.benzinga.com/money/bitcoin-price-prediction">lack substantial evidence</a>.  
What Happened:  Ki Young Ju, founder of CryptoQuant, pointed out in a <a href="https://x.com/ki_young_ju/status/1872207964352004106">post</a> on X on Dec. 26 that whale accumulation, once market-moving news, has now become a routine phenomenon. 
This indicates a market dominated by institutional players, while retail investors remain hesitant.
A $7 billion weekly capital inflow confirms Bitcoin is in a bull cycle, not a bubble. 
A true bubble—marked by a market price far exceeding capital inflows—would spark warnings of a cyclical top, which analysts have yet to issue.
Brief corrections of up to 30% are possible but unlikely to derail the ongoing bull cycle. The cycle's peak is still distant, and predictions of a bear market lack support from on-chain data.
In another post on the same day, he <a href="https://x.com/ki_young_ju/status/1872162768570425845">revealed</a> whales are increasingly utilizing privacy transactions for accumulation. 
Of the 1.55 million BTC accumulated in 2024 through ETFs, MicroStrategy,and custodial wallets, 240,000–420,000 BTC remain unaccounted for, signalling large, unidentified buyers.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42656507/bitcoin-price-decisively-back-below-100000-what-is-going-on">Bitcoin Price Decisively Back Below $100,000: What Is Going On?</a>
Why It Matters: Traders maintain their optimism around upcoming price patterns for the crypto king.
Crypto trader Jelle sees the recent Bitcoin volatility as insignificant in the bigger picture. 
The trend remains upward, with dips acting as minor speed bumps. He advised his followers to "stay focused."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">When you look at the grand scheme of things, it&#39;s almost as if the volatility from the past weeks does not matter.<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> keep pushing higher, dips are just speed bumps along the route. Stay focussed. <a href="https://t.co/MknV2INpYu">pic.twitter.com/MknV2INpYu</a>
&mdash; Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1872235469372887200?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
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On the other hand, crypto chart analyst Ali Martinez flagged a buy signal on Bitcoin's hourly chart which implies a price rebound.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The TD Sequential presented a buy signal on the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> hourly chart, anticipating a price rebound. <a href="https://t.co/AW8Ks17mRx">pic.twitter.com/AW8Ks17mRx</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1872246246263714252?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
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Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42638493/crypto-analyst-2025-will-continue-to-be-a-great-year-for-bitcoin">Crypto Analyst: &#8216;2025 Will Continue To Be a Great Year for Bitcoin&#8217;</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

Bitcoin Drops 3% To $95,500: What Is Going On?

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Raymond James analyst C. Gregory Peters upgraded the rating for The Progressive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) from Market Perform to Outperform and announced a $305 price target. Progressive shares closed at $243.24 on Tuesday. <a href="https://www.benzinga.com/quote/PGR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Raymond James analyst Aaron Kessler upgraded EverQuote, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVER#NASDAQ">EVER</a>) from Outperform to Strong Buy and maintained the price target of $35. EverQuote shares closed at $18.32 on Tuesday. <a href="https://www.benzinga.com/quote/EVER/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. analyst Raghuram Selvaraju upgraded the rating for RAPT Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAPT#NASDAQ">RAPT</a>) from Neutral to Buy and maintained the price target of $10. RAPT Therapeutics shares closed at $1.73 on Tuesday. <a href="https://www.benzinga.com/quote/RAPT/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying PGR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="598" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26093624/image-210-1024x598.png" alt="" class="wp-image-707746" style="width:365px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26093624/image-210-1024x598.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26093624/image-210-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26093624/image-210-768x448.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26093624/image-210.png 1057w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/24/12/42669200/wall-streets-most-accurate-analysts-give-their-take-on-3-utilities-stocks-with-over-4-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields</a></li>
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Upgrades

Analyst Ratings

EVER

RAPT

This Progressive Analyst Turns Bullish; Here Are Top 3 Upgrades For Thursday

MGIH

Millennium Group International Shares Halted To The Upside; Stock Now Up 245.75%

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AmpliTech Group shares are trading lower after the company announced the pricing of a $5.8 million registered direct offering for 1.87 million shares at $3.10 per share.

KULR Technology Group Inc (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KULR#AMEX">KULR</a>) shares are trading higher Thursday after the company announced a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) purchase under its newly-adopted <a href="https://www.benzinga.com/pressreleases/24/12/g42683875/kulr-launches-bitcoin-treasury-with-purchase-of-217-18-bitcoin-for-21-million">Bitcoin Treasury strategy</a>. 
What To Know: At the beginning of December, KULR announced plans to include Bitcoin as a primary asset in its treasury program. The company said that it planned to allocate up to 90% of its surplus cash to Bitcoin. 
&#8220;Given the unique characteristics of BTC, it provides long term appreciation and a bulwark against geopolitical, inflationary, and other macro-economic and political trends affecting all developed economies,&#8221; said Michael Mo, chairman and CEO of KULR Technology.
On Thursday, KULR announced that it purchased 217.18 <a href="https://www.benzinga.com/quote/BTC-USD">Bitcoin</a> for approximately $21 million. The purchases were made at an average price of $96,556.53 per Bitcoin. 
KULR selected Coinbase Prime for wallet services for its Bitcoin. The company noted that this is the first purchase in a string of expected ongoing purchases the company expects to make going forward under its Bitcoin Treasury strategy. 
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42682141/dogecoin-price-down-4-what-is-going-on">Dogecoin Price Down 4%: What Is Going On?</a>
KULR Price Action: <a href="http://benzinga.com/quote/KULR">KULR Technology shares</a> were up 2.19% at $3.49 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

KULR

What's Going On With KULR Technology Group Stock Today?

In the current market session, Xcel Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) share price is at $68.58, after a 0.54% spike. Moreover, over the past month, the stock decreased by 6.37%, but in the past year, increased by 9.74%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1735223411_0.png" alt="Past Year Chart" />

<h3>Xcel Energy P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Xcel Energy has a better P/E ratio of 20.24 than the aggregate P/E ratio of 17.84 of the Electric Utilities industry. Ideally, one might believe that Xcel Energy Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1735223411_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Price Over Earnings Overview: Xcel Energy

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
<h3 class="wp-block-heading">Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</h3>
<ul>
<li>Dividend Yield: 6.81%</li>
<li>UBS analyst John Hodulik maintained a Neutral rating and raised the price target from $44 to $45 on Dec. 20. This analyst has an accuracy rate of 76%.</li>
<li>Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and cut the price target from $47.25 to $47 on Oct. 23. This analyst has an accuracy rate of 62%.</li>
<li>Recent News: On Dec. 23, Vertical Bridge completed $3.3 billion tower transaction with Verizon.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">latest VZ news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="911" height="848" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207.png" alt="" class="wp-image-707724" style="width:631px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207.png 911w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207-768x715.png 768w" sizes="(max-width: 911px) 100vw, 911px" /></a></figure>
<h3 class="wp-block-heading">Sinclair, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>)</h3>
<ul>
<li>Dividend Yield: 6.29%</li>
<li>Guggenheim analyst Curry Baker maintained a Buy rating and raised the price target from $18 to $19 on Oct. 19. This analyst has an accuracy rate of 60%.</li>
<li>JP Morgan analyst David Karnovsky maintained an Underweight rating and raised the price target from $14 to $16 on Nov. 12. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: On Dec. 17, Sinclair expanded Broadcast Network Footprint of TBD TV through partnership with FOX in top 10 DMAs.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">latest SBGI news</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="906" height="836" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208.png" alt="" class="wp-image-707726" style="width:597px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208.png 906w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208-768x709.png 768w" sizes="(max-width: 906px) 100vw, 906px" /></a></figure>
<h3 class="wp-block-heading">Playtika Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTK#NASDAQ">PLTK</a>)</h3>
<ul>
<li>Dividend Yield: 5.88%</li>
<li>Roth MKM analyst Eric Handler maintained a Neutral rating and raised the price target from $8 to $9 on Nov. 8. This analyst has an accuracy rate of 72%.</li>
<li>Wedbush analyst Michael Pachter reiterated an Outperform rating and a price target of $11.5 on Sept. 19. This analyst has an accuracy rate of 64%.</li>
<li>Recent News: On Dec. 20, Playtika announced a partnership with IGT, a global gaming leader.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">trend in PLTK stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="903" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209.png" alt="" class="wp-image-707729" style="width:600px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209.png 903w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209-768x715.png 768w" sizes="(max-width: 903px) 100vw, 903px" /></a></figure>
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<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Read More: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42669200/wall-streets-most-accurate-analysts-give-their-take-on-3-utilities-stocks-with-over-4-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields</a></li>
</ul>

Dividends

Price Target

Pre-Market Outlook

PLTK

SBGI

Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 5% Dividend Yields

Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) shares are trading higher Thursday following reports the company is targeting higher <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42680713/tesla-toyota-and-3-stocks-to-watch-heading-into-thursday">return-on-equity</a>. 
What To Know: According to a Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-12-26/toyota-shares-gain-second-day-after-report-on-roe-target?embedded-checkout=true">report</a> citing Nikkei Asia, Toyota shares jumped on Thursday morning on reports the Japanese automaker is planning to significantly increase its target for return-on-equity. 
A Toyota executive reportedly said the company plans to double its target to around 20%, although the unspecified executive noted that the company has not set an &#8220;explicit target&#8221; or deadline for its goal.
"The company would need to boost earnings from the value chain, in order to further propel profit margins upward," Morgan Stanley MUFG Securities analyst Shinji Kakiuchi reportedly said in a new note.
"We'll also be watching for Toyota, as a part of moves to improve capital efficiency, to take funds from selling its equity holdings to bolster shareholder returns further."
See Also: <a href="https://www.benzinga.com/24/12/42681352/us-futures-tumble-after-christmas-break-but-analysts-still-expect-a-santa-claus-rally">US Stocks Likely To Open In Red After Christmas Break But Analysts Still Expect A Santa Rally Into The New Year</a>
<h3 class="wp-block-heading">Is TM A Good Stock To Buy?</h3>
When deciding whether to buy a stock, there are some key fundamentals investors may want to consider. One of these factors is revenue growth. Buying a stock is essentially a bet that the business will continue to grow and generate profits in the future.
Toyota Motor has reported average annual revenue growth of 6.86% over the past five years.
It's also important to pay attention to valuation when deciding whether to buy a stock. Toyota Motor has a forward P/E ratio of 9.49. This means investors are paying $9.49 for each dollar of expected earnings in the future. The average forward P/E ratio of Toyota Motor's peers is 37.96.
Other important metrics to look at include a company's profitability, balance sheet, performance relative to a benchmark index and valuation compared to peers. For in-depth analysis tools and important financial data, check out <a href="https://pro.benzinga.com">Benzinga PRO</a>. 
TM Price Action:<a href="http://benzinga.com/quote/tm"> Toyota Motor shares</a> were up 7.48% at $195.01 at the time of publication Thursday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Toyota Motor Stock Is Trading Higher Thursday: What's Driving The Action?

SciSparc Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRC#NASDAQ">SPRC</a>) shares are rocketing on Thursday after it disclosed that AutoMax Motors Ltd., an Israeli automotive importer and distributor with which it has a merger agreement, has received its $13 million first delivery of JAC vehicles from <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42681304/scisparc-automax-announces-13-million-first-delivery-of-jac-vehicles-following-regulatory-approval" rel="noreferrer noopener">Anhui Jianghuai Automobile Group Co., Ltd</a>. (JAC Motors).
This marks a key milestone in AutoMax&#8217;s direct import and distribution operations initiated earlier this year under agreements with JAC Motors.
With regulatory approvals in place, AutoMax is set to begin marketing and sales activities for JAC Motors vehicles across Israel.
SciSparc has provided financial support to AutoMax, enabling the resources necessary to facilitate the JAC Motors transaction.
As part of its growth strategy, SciSparc entered into a merger agreement with AutoMax in April 2024.
If completed, this merger would expand SciSparc into the automotive sector, subject to shareholder approval and other closing conditions.
This month, SciSparc disclosed an amendment to its non-binding letter of intent (LOI) regarding the spin-off of its advanced clinical-stage pharmaceutical portfolio and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42505822/scisparc-provides-updates-on-status-of-spin-off-of-its-advanced-clinical-stage-pharmaceutical-port" rel="noreferrer noopener">equity stake in </a><a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42505822/scisparc-provides-updates-on-status-of-spin-off-of-its-advanced-clinical-stage-pharmaceutical-port" rel="noreferrer noopener">SciSparc Nutraceuticals Inc</a>.
Price Action: SPRC shares are trading higher by 256% at $0.7874 premarket at the last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/cannabis/24/09/41107692/pharma-company-gets-fda-green-light-for-next-phase-trial-for-tourette-syndrome" target="_blank" rel="noreferrer noopener">Pharma Company Gets FDA Green Light For Next Phase Trial For Tourette Syndrome</a></li>
</ul>
Image via Shutterstock.

Equities

Small Cap

SPRC

SciSparc Shares Skyrocket With AutoMax's First JAC Motors Shipment

Offerings

AmpliTech Group Prices $5.8M Registered Direct Offering For 1.87M Shares At $3.10 Per Share To Support Growth Initiatives

<ul>
<li>TSLA</li>
<li>NVDA</li>
<li>LUNR</li>
<li>AMD</li>
<li>ACHR</li>
<li>QQQ</li>
<li>$BTC</li>
<li>MSTR</li>
<li>PLTR</li>
<li>GOOGL</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

ACHR

GOOGL

LUNR

MSTR

NVDA

PLTR

TSLA

Top 10 Trending Stocks On WallStreetBets As Of December 26, 2024 (Via Swaggy Stocks)

UBS analyst Jay Sole reiterates Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Neutral and maintains $73 price target.

Reiteration

UBS Reiterates Neutral on Nike, Maintains $73 Price Target

In the current market session, Domino's Pizza Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) share price is at $431.24, after a 0.06% increase. Moreover, over the past month, the stock fell by 9.49%, but in the past year, increased by 4.55%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1735222516_0.png" alt="Past Year Chart" />

<h3>Domino's Pizza P/E Compared to Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Domino's Pizza has a lower P/E than the aggregate P/E of 81.76 of the Hotels, Restaurants &amp; Leisure industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1735222516_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Price Over Earnings Overview: Domino's Pizza

OPTN

OptiNose shares are trading lower after the company announced a 1-for-15 reverse stock split.

<a target="_blank" href="https://www.benzinga.com/topic/big-banks?page=5" rel="noreferrer noopener">Major U.S. banks</a>, including JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), and Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), filed a lawsuit against the Federal Reserve on Tuesday, challenging the transparency of its annual stress test procedures.
Leading banking and business organizations, including the Bank Policy Institute (BPI), American Bankers Association (ABA), U.S. Chamber of Commerce, Ohio Bankers League, and Ohio Chamber of Commerce, joined the <a target="_blank" href="https://bpi.com/banks-and-business-groups-file-legal-challenge-against-federal-reserve-over-flawed-stress-testing-framework/" rel="noreferrer noopener">lawsuit </a>against the Federal Reserve. These tests, which assess banks&#8217; resilience during economic crises, are a cornerstone of financial risk management. However, the plaintiffs argue that the current system violates federal law by excluding required public input.
The litigation addresses long-standing concerns about the opacity of the Federal Reserve&#8217;s stress testing procedures, which the plaintiffs claim lead to excessive and volatile capital requirements. These charges, they say, hinder banks&#8217; ability to lend, support households and businesses, and contribute to economic growth. While acknowledging the importance of stress testing, the groups emphasize the need for reforms to create a fairer and more predictable regulatory environment.
Greg Baer, CEO of the BPI, stated that the current regime results in inaccurate and excessive capital charges, which reduce lending and stifle economic growth.
Rob Nichols, CEO of the ABA, criticized the stress tests for shielding critical supervisory models from public scrutiny.
Michael Adelman, CEO of the Ohio Bankers League, stressed that the lawsuit is about enforcing compliance with federal laws.
Tom Quaadman of the U.S. Chamber of Commerce highlighted the detrimental effects of the current system on small businesses, which rely on bank lending for growth.
The lawsuit follows the Fed&#8217;s <a href="https://www.federalreserve.gov/newsevents/pressreleases/bcreg20241223a.htm">recent </a>announcement to overhaul its stress test regime and seek public input on proposed changes in early 2025, the Wall Street Journal <a href="https://www.wsj.com/finance/regulation/banks-sue-federal-reserve-over-lack-of-transparency-in-stress-testing-0db6a002" target="_blank" rel="noreferrer noopener">reports</a>.
The lawsuit highlights the economic implications of unexpected capital burdens, stating they could impose &#8220;billions of dollars&#8221; in costs and negatively impact the broader economy.
The banks also noted that a statute of limitations on stress-test rule changes will expire in February, prompting their decision to file the suit now.
The latest test assessed how banks would manage a 40% decline in commercial real estate prices and a 36% drop in house prices.
The Federal Reserve evaluates these results to determine the total capital banks need to absorb potential losses, the Financial Times <a target="_blank" href="https://www.ft.com/content/56def327-dbf7-42f1-8aba-218259ebd4a1" rel="noreferrer noopener">reports</a>.
Since the 2008 financial crisis, banks have faced increased regulatory scrutiny, including stringent capital requirements.
Executives like Jamie Dimon of JPMorgan Chase and Brian Moynihan of Bank of America have criticized these rules for driving financial activities into less transparent markets.
The Federal Reserve&#8217;s Vice Chair for Supervision, Michael Barr, had proposed raising capital requirements for large banks but delayed those plans following industry opposition.
Six leading <a target="_blank" href="https://www.benzinga.com/government/24/06/39506407/6-biggest-us-banks-ramp-up-buybacks-undeterred-by-stress-tests" rel="noreferrer noopener">U.S. banks, including</a> JPMorgan Chase, Bank of America, Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), and Citigroup repurchased over $14 billion in shares in the first quarter.
In June, Bank of America analyst Ebrahim H. Poonawala criticized the Federal Reserve&#8217;s <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39531404/bank-of-america-analyst-highlights-fed-stress-test-opacity-varying-bank-impacts-gol" rel="noreferrer noopener">stress test process</a>, highlighting its &#8220;inherent opacity.&#8221; These evaluations, which assess banks&#8217; resilience under severe economic scenarios, revealed varying impacts on capital requirements. Poonawala noted that while banks demonstrated adequate buffers, the tests showed higher-than-expected losses.
In June, JPMorgan analyst Vivek Juneja analyzed the Federal Reserve&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39536951/bank-stress-tests-much-bigger-surprise-than-expected-will-delay-future-investment-p" target="_blank" rel="noreferrer noopener">annual stress test results</a>, highlighting larger-than-expected increases in stress capital buffers for major banks. He noted that the elevated capital requirements could delay or reduce long-term capital return strategies for these institutions.
Image via Shutterstock.

Legal

Media

Banks And Business Groups Challenge Fed's Stress Test Rules

As of Dec. 26, 2024, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">CorVel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRVL#NASDAQ">CRVL</a>)</h3>
<ul>
<li>On Dec. 24, CorVel announced the effectiveness of three-for-one forward stock split. The company's stock surged around 38% over the past six months and has a <a href="https://www.benzinga.com/quote/CRVL">52-week high of $125.52</a>.</li>
<li>RSI Value: 84&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>CRVL Price Action: Shares of CorVel closed at $115.82 on Tuesday.</li>
</ul>
<h3 class="wp-block-heading">SES AI Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>)</h3>
<ul>
<li>On Oct. 31, SES AI posted third-quarter GAAP loss of 9 cents per share. &#8220;SES AI achieved several milestones in the third quarter, including building revenue pipeline from UAM and drones including with one of the world&#8217;s largest wireless communication providers, SoftBank. We also passed the GB38031-2020 global EV industry safety tests for its 100Ah Li-Metal cells, a major step towards C-samples and start-of-production for EV,&#8221; stated Dr. Qichao Hu, Founder and CEO. &#8220;Our ‘All-in on AI strategy&#8217; continues to power our success with our first revenue using our AI-accelerated battery material discovery expected in the fourth quarter of 2024 this year.&#8221; The company's stock gained around 82% over the past five days and <a href="https://www.benzinga.com/quote/SES">has a 52-week high</a> of $1.92.</li>
<li>RSI Value: 79</li>
<li>SES Price Action: Shares of SES closed at $0.71 on Tuesday.</li>
</ul>
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Short Ideas

CRVL

Top 2 Health Care Stocks You May Want To Dump This Quarter

HGTV home renovation stars Jonathan and Drew Scott – best known as <a href="https://www.benzinga.com/real-estate/24/10/41601236/property-brothers-say-in-20-years-no-young-person-will-be-able-to-afford-a-home">the Property Brothers –</a> are fearful that Trump&#8217;s proposed tariffs could send construction costs soaring.
The brothers' native Canada, along with Mexico, has been in the President-elect&#8217;s tariff crosshairs, threatening that if both countries don&#8217;t stop the flow of migrants and drugs into the U.S., they will be hit economically through trade tariffs.
&#8220;Jonathan and I love the idea of domestic-made products,&#8221; real estate agent Drew Scott, one-half of the 6ft 5&#8243; identical twins, told<a href="https://www.bloomberg.com/news/features/2024-12-17/property-brothers-turned-reality-tv-home-renovation-craze-into-a-business-empire"> </a>Bloomberg. &#8220;There is a balance we need to strike,&#8221; Jonathan, the contractor of the two, added. &#8220;Blanket tariffs are not good for any economy,&#8221; he said. If those tariffs include essential building products such as steel and lumber, the results could be devastating for homeowners looking to renovate and the construction industry, causing newly built homes to increase prices sharply.
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<li>Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a></li>
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<h2 class="wp-block-heading">A $2.8 Billion Home Goods Empire and $200 Million Net Worth</h2>
The Scott Brothers have a lot at stake. They have a $2.8 billion home goods brand empire but, as TV hosts, they also have the added benefit of not simply relying on selling products to pay the bills. &#8220;We&#8217;ve made money in every kind of market possible,&#8221; Drew said. &#8220;Upmarket, down markets, buyer&#8217;s seller&#8217;s markets, it doesn&#8217;t matter.&#8221;
The brothers feel that extensive renovation projects and house flips will likely take a back seat in 2025 if interest rates do not come down. A trade war will only exacerbate things. The Scotts have plenty of outlets to invest their $200 million (according to Celebrity Net Worth) net worth if house flips falter.
See Also: This Jeff Bezos-backed startup will allow you to <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.</a>
<h2 class="wp-block-heading">Endorsement Magnets And Multiple Real Estate Reality TV Shows</h2>
They have created a fixer-upper reality TV empire, with dozens of HGTV shows, books and even a cruise under their umbrella. In addition, the Scotts have, according to Variety,<a href="https://variety.com/2022/tv/news/property-brothers-interview-billion-dollar-lifestyle-empire-1235439674/"> </a>multiple endorsements, appearing in ads for <a href="https://www.benzinga.com/news/24/12/42489378/whats-going-on-with-jpmorgan-chase-shares">Chase Bank</a>, LendingTree, ADT security, Dish Network and American Family Insurance, to name a few. The LA-based production company, Scott Brothers Entertainment, is home to their many TV shows. At the same time, their retail and e-commerce home-furnishing product lines are ubiquitous in multiple retail outlets such as Living Spaces, Macy's, <a href="https://www.benzinga.com/insights/options/24/12/42619016/home-depots-options-frenzy-what-you-need-to-know">Home Depot</a>, Lowe&#8217;s, Wayfair and Amazon. They also have a &#8220;Property Brothers Home Design&#8221; mobile app that debuted in 2019 with publisher Storm8. Everything is housed under their multibillion-dollar business, Scott Brothers Global.
<h2 class="wp-block-heading">A Venture Capital Fund</h2>
In addition, the brothers have created The Healthy Home Innovation Fund, a VC fund for home-related businesses and innovations.
&#8220;We said, &#8216;Well, why don&#8217;t we create a fund where we&#8217;re actually putting our money where our mouth is, find these young talents, get their ideas through our machine and to the next level?'&#8221; Jonathan told<a href="https://www.inc.com/chloe-aiello/the-property-brothers-built-a-multibillion-dollar-empire-now-theyre-helping-other-entrepreneurs.html"> I</a>nc.com. &#8220;And that&#8217;s the goal.&#8221;
Trending: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
The brothers founded the Healthy Home Innovation Fund with GroundBreak Ventures and partner Sanders Lee in 2024. It is raising $50 million to $80 million to deploy to startups developing the latest technology for sustainable home improvement.
&#8220;Whether it&#8217;s decarbonizing your house, heat pumps, air quality in your home, how you transact, buy, sell, renovate or design – anything that touches home fits our pillars,&#8221; Drew added, explaining that he and Jonathan are &#8220;leveraging our brand and our facial awareness to help scale up some of these startups to really make them known, so we can bring the price points down to make it feasible for families.&#8221;
Tariffs or not, the Property Brothers' home renovation empire seems unlikely to crumble anytime soon.
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Real Estate

The Property Brothers Fear Trump's Tariffs Could Send Construction Costs Soaring

Meiwu Technology shares are trading lower. The company regained Nasdaq compliance.

NNDM

Nano Dimension shares are trading higher after the company announced a CEO transition.

SNAL

Snail shares are trading higher after Snail Games USA announced the launch of 'ARK: Ultimate Mobile Edition worldwide' on App Store and Google Play Store.

In light of General Electric's (GE) recent strategic collaborations and robust financial performance in the last reported quarter, would it be prudent to consider acquiring more of its shares before its earnings release tomorrow? Read more to find out... General Electric Company (<a href="https://stocknews.com/stock/GE/">GE</a>) is set to unveil its fiscal 2023 fourth-quarter earnings on January 23, projecting a revenue of $17.67 billion and an expected EPS of $0.89. Looking ahead, estimates for the fiscal 2024 first quarter indicate a 9.6% revenue increase to $15.88 billion and a significant 155.1% surge in EPS to $0.69 year-over-year.
Additionally, on January 15, 2024, Kuwait's Ministry of Electricity, Water, and Renewable Energy achieved a significant milestone by completing upgrades to four 9F.03 class gas turbines at the Sabiya Combined Cycle Power Plant, a project spearheaded by a multiyear service agreement between Alghanim International and GE.
These enhancements, part of Kuwait's broader initiative to modernize its power generation infrastructure, are poised to elevate the power plant's block output by up to 6.3%, concurrently reducing the heat rate by as much as 1.8%. This translates to a remarkable increase in power production, contributing an additional 70 megawatts (MW).
This outcome is tantamount to taking approximately 16,000 cars off Kuwait's roads. GE stands to gain significantly from this venture, as its technological contributions would enhance the power plant's performance, aligning with global sustainability goals and establishing it as a key player in Kuwait's ongoing energy transformation.
Additionally, on January 9, it was reported that GE secured a landmark deal to construct hundreds of turbines for the SunZia Wind Project, marking the largest onshore wind turbine order in the Western Hemisphere. The agreement, part of an equipment order and pact with Pattern Energy, reinforces GE's position in the renewable energy sector.
The 674 turbines involved in this project are anticipated to generate an unprecedented amount of electricity upon the project's completion in 2026. The strategic collaboration would position GE as a key player in shaping the future of sustainable energy production in the region.
Shares of GE have gained 18.1% over the past six months and 68.9% over the past year to close the last trading session at $129.81.
Here are the other financial aspects of GE that could influence its performance in the near term:
Strong Financials
For the fiscal 2023 third quarter that ended September 30, 2023, GE's total revenues increased 19.9% year-over-year to $17.35 billion. Net earnings attributable to GE common shareholders and net earnings per share amounted to $258 million and $0.23, up 193.2% and 187.5% from the prior year's quarter, respectively.
Solid Historical Growth
GE's revenue and EBITDA increased at CAGRs of 1.1% and 26.2%, respectively. In addition, the company's net income and EPS grew at respective CAGRs of 38% and 44.7% over the same time frame.
Optimistic Analyst Estimates
The consensus revenue estimate of $71.11 billion for the fiscal year ending December 2024 indicates a 9.2% year-over-year increase. Likewise, the consensus EPS estimate of $4.62 for the ongoing year exhibits a 74.1% increase from the prior year. Moreover, the company surpassed its consensus revenue and EPS estimates in three of four trailing quarters.
Robust Profitability
The stock's trailing-12-month EBIT margin of 11.05% is 12.2% higher than the 9.84% industry average. Moreover, its trailing-12-month net income margin of 11.90% is 93.1% higher than the 6.16% industry average. In addition, the stock's trailing-12-month <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered FCF</a> margin of 8.73% is 46.1% higher than the 5.98% industry average.
POWR Ratings Exhibit Solid Prospects
GE's sound outlook is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to Buy in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. GE has a B grade for Sentiment, aligning with positive annual estimates from analysts.
GE is ranked #8 out of 35 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> industry. <a href="https://stocknews.com/stock/GE/">Click here</a> to access GE's Growth, Value, Momentum, Stability, and Quality ratings.
Bottom Line
GE's strategic initiatives are set to fortify its market standing, rendering it an attractive investment opportunity with promising growth potential. Furthermore, backed by a robust financial performance in the latest quarter, strong profitability, and positive fiscal 2024 estimates, investing in GE seems wise.
How Does General Electric Company (GE) Stack Up Against Its Peers?
While GE has an overall grade of B, equating to a Buy rating, you may check out these other A-rated (Strong Buy) stocks within the <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> industry: Siemens Aktiengesellschaft (<a href="https://stocknews.com/stock/SIEGY/">SIEGY</a>), Johnson Electric Holdings Limited (<a href="https://stocknews.com/stock/JEHLY/">JEHLY</a>), and CompX International Inc. (<a href="https://stocknews.com/stock/CIX/">CIX</a>). To explore more Industrial - Manufacturing stocks, <a href="https://stocknews.com/category/industrial-manufacturing/">click here</a>. 
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
GE shares were trading at $131.61 per share on Monday afternoon, up $1.80 (+1.39%). Year-to-date, GE has gained 3.12%, versus a 1.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/ge-siegy-jehly-cix-general-electric-ge-quarterly-earnings-watch-buy-sell-or-hold/>General Electric (GE) Quarterly Earnings Watch: Buy, Sell, or Hold</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

General Electric (GE) Quarterly Earnings Watch: Buy, Sell, or Hold

Johnson Electric Holdings Limited goes ex dividend tomorrow

Johnson Electric Holdings Ltd, and its subsidiaries, engage in the manufacturing and selling of electro-mechanical motion systems and solutions. Over the past year, Johnson's share price fell about 13.4% as of Tuesday's market close.

Current Report: Johnson Electric

TE Connectivity (TEL) reported strong financial results in its fiscal fourth quarter of 2024. The connectivity and sensor solutions provider's long-term growth is fueled by continuously expanding operations and innovations. So, should you buy this stock? Read more to find out... Based in Ballybrit, Ireland, TE Connectivity plc (<a href="https://stocknews.com/stock/TEL/">TEL</a>) is a leading global manufacturer and seller of connectivity and sensor solutions, operating through three segments: Transportation Solutions; Industrial Solutions; and Communications Solutions. In the last reported quarter, the company easily beat the analysts' expectations for revenue and adjusted EPS.
The company maintained its sales growth with its wide product portfolio, continued innovations, and strong operations. It delivered strong margin expansion, fueled by accelerating momentum in artificial intelligence programs. TEL's connectivity and sensor solutions contribute to the Internet of Things (IoT) market's operations, further solidifying its future opportunities.
The Internet of Things (IoT) is continuously revolutionizing how data is exchanged and connected among systems and devices over the Internet. It provides a global infrastructure for the information society, empowering modernized services to connect and communication based on the prevailing mechanisms.
With these trends, the global Internet of Things (IoT) market is projected to reach around $4.06 trillion by 2032, exhibiting growth at a noteworthy <a href="https://www.fortunebusinessinsights.com/industry-reports/internet-of-things-iot-market-100307">CAGR of 24.3%</a>. The market is driven by the rising application of generative AI within IoT devices, the adoption of blockchain technologies, smart city developments, and the growing demand for connectivity devices like sensors and smart meters.
TE Connectivity, being a leading provider of connectivity devices and solutions, stands to capitalize on the encouraging trends of the IoT industry.
Further, reflecting on its sound financial performance, the company provided a financial outlook for the first quarter of fiscal 2025. TEL expects net sales of approximately $3.9 billion. The company's adjusted EPS is expected to be $1.88.
Also, the company's stock performance shows its robust standing. Shares of TEL have gained 2% over the past year to close its last trading session at $143.89. Also, the stock soared 2.3% over the past nine months.
Let's look at factors that could influence TEL's performance in the upcoming months.
Solid Financials
For the fourth quarter that ended September 27, 2024, TEL's net sales increased 0.8% year-over-year to $4.07 billion, of which its communication solutions revenue grew 24.6% from the year-ago value to $577 million. Its adjusted operating income rose 8% from the prior year's period to $755 million.
Furthermore, the company's adjusted income from continuing operations amounted to $595 million, up 5.5% from the prior year's quarter, while its adjusted EPS from continuing operations rose 9.6% year-over-year to $1.95.
Also, TEL's total assets came in at $22.85 billion as of September 27, 2024, compared to $21.71 billion as of September 29, 2023.
Robust Historical Growth
TEL's revenue grew at a CAGR of 2% over the past three years, while its EBITDA improved at a CAGR of 2.6%. The company's EBIT increased at a CAGR of 2.7% over the same period, while TEL's net income and EPS grew at respective CAGRs of 12.2% and 15.1% over the same time frame.
Further, the company's tangible book value and <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp#">levered free cash flow</a> increased at CAGRs of 15.5% and 6.2% over the same timeframe, respectively.
Favorable Analyst Estimates
Analysts expect TEL's revenue for the first quarter (ending December 2024) to come in at $3.91 billion, indicating an increase of 2.1% year-over-year. The consensus EPS estimate of $1.89 for the same period reflects a 2.6% year-over-year improvement. Further, the company has surpassed the consensus EPS estimate in all of the trailing four quarters, which is promising.
For the fiscal year (ending September 2025), the company's revenue and EPS are anticipated to grow 4.2% and 7% year-over-year to $16.52 billion and $8.09, respectively. In addition, Street expects its revenue and EPS for the fiscal year 2026 to grow 6.8% and 11.4% from the prior year to $17.63 billion and $9.01, respectively.
High Profitability
TEL's trailing-12-month EBIT margin of 18.53% is 241.8% higher than the 5.42% industry average. Its trailing-12-month net income margin of 20.15% is significantly higher than the industry average of 3.79%. Likewise, the stock's trailing-12-month levered FCF margin of 13.05% is 15.5% higher than the industry average of 11.29%.
Furthermore, the stock's trailing-12-month ROCE, ROTC, and ROTA of 26.72%, 10.95%, and 13.97% are higher than the 4.54%, 3.22%, and 2.18% industry averages, respectively.
Lower Valuation
In terms of forward non-GAAP P/E, TEL is currently trading at 17.78x, 28.9% lower than the industry average of 25.01x. Similarly, the stock's forward EV/Sales and Price/Sales of 2.82x and 2.61x are considerably lower than the industry averages of 3.22x and 3.18x, respectively.
Additionally, the stock's forward EV/EBITDA and Price/Book of 11.53x and 3.39x are 24.2% and 19.1% lower than the industry averages of 15.22x and 4.19x, respectively.
POWR Ratings Appear Promising
TEL's robust fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, translating to a Strong Buy in our proprietary system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. TEL has a B grade for Value and Quality, consistent with its lower valuation and higher-than-industry profitability.
Also, the stock has a B grade for Sentiment, justified by the optimistic analysts' estimates.
TEL is ranked #2 among the 35 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Machinery</a> industry.
Beyond what I have stated above, we have also given TEL grades for Momentum, Stability, and Growth. Get access to all the TEL ratings <a href="https://stocknews.com/stock/TEL/">here</a>.
Bottom Line
TEL reported solid financial results in the last quarter, with decent sales growth and an expanding margin. Further, the company's long-term prospects appear promising, driven by its innovative offerings, expanding operations, and robust industry opportunities.
Given TEL's solid financials, robust growth prospects, and lower valuation, investing in this stock seems prudent.
How Does TE Connectivity plc (TEL) Stack Up Against Its Peers?
Although TEL's near-term outlook appears sound, having an overall rating of A, it may be worthwhile to explore its industry peers, who also exhibit strong POWR Ratings. So, consider these B (Buy) rated stocks from the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Machinery</a> industry:
Core Molding Technologies Inc (<a href="https://stocknews.com/stock/CMT/">CMT</a>)
Johnson Electric Holdings Limited (<a href="https://stocknews.com/stock/JEHLY/">JEHLY</a>)
CompX International Inc. (<a href="https://stocknews.com/stock/CIX/">CIX</a>)
For exploring more A and B-rated industrial stocks, <a href="https://stocknews.com/category/industrial-manufacturing/">click here</a>.
What To Do Next?
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TEL shares were trading at $144.28 per share on Friday afternoon, up $0.39 (+0.27%). Year-to-date, TEL has gained 4.46%, versus a 25.92% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/tel-cmt-jehly-cix-should-te-connectivity-be-on-your-buy-list-amidst-the/>Should TE Connectivity Be on Your Buy List Amidst the IoT Boom?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Should TE Connectivity Be on Your Buy List Amidst the IoT Boom?

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