Investment Analysts’ Updated EPS Estimates for January, 21st (STI, WFT, WMT, WTR, WUBA, WWD, XENE, XHR, XOM, XYL)

Investment Analysts’ updated eps estimates for Sunday, January 21st:

SunTrust Banks (NYSE:STI) had its hold rating reissued by analysts at BMO Capital Markets. The firm currently has a $79.00 target price on the stock.

Weatherford International (NYSE:WFT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Weatherford International Ltd.’s price chart underperformed the broader market indices over the last year. The company’s debt-heavy balance sheet and inadequate cash balances are other concerns. The debt increased by nearly 30% during 2016 with little sign of reduction during the 2017 so far. Further, cash balance plunged by over 43% so far this year. This reflects the weakness of its balance sheet. Moreover, the credit ratings of the company’s bonds were downgraded by multiple credit rating agencies in 2016.  Given high debt load and weak credit ratings we think that Weatherford might face difficulties in generating debt capital for financing future growth projects. Volatile gas prices also remain a drag. Under these headwinds, we expect shares of Weatherford to be under pressure in the near future.”

Wal-Mart Stores (NYSE:WMT) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Wal-Mart Stores, which recently announced plans to drop the “hyphen” and “stores” from its name to officially emerge as an omnichannel retailer, has surpassed the industry in a year. The company has been riding on its robust past record, which derives strength from constant e-commerce initiatives, like buyouts, alliances, surging grocery business and improved delivery systems. Thanks to these trends, along with solid traffic, Walmart’s third-quarter fiscal 2018 marked its ninth and 13th straight quarter of positive earnings surprise and comps growth, respectively. Also, the company’s international business remains a growth driver. However, costs associated with technological and e-commerce investments; mix impact from growing e-commerce operations and a compelling pricing strategy have been hurting Walmart’s gross margin for a while now. Stiff competition and volatile consumer spending also pose threats.”

Aqua America (NYSE:WTR) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Aqua America’s shares have gained higher than the industry in the last 12 months. Aqua America has expanded its customer base through acquisitions during the first nine months of 2017. It aims to increase its customer level by 1.5-2% in 2017 through strategic acquisitions and organic initiatives. Rate hikes are boosting its earnings and the company is continuing with its infrastructural strengthening initiatives. The company aims to make capital investments of over $450 million in 2017, which is part of an ambitious investment target of more than $1.2 billion in the 2017-2019 period. Aqua America, like other water utilities runs the risk of contamination of water sources, which could raise its operating costs while fluctuating weather conditions might dampen demand for water.”

58.com (NYSE:WUBA) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $92.00 target price on the stock. According to Zacks, “58.com Inc. operates online marketplace serving local merchants and consumers in China. It offers housing rental, recruitment, second-hand product, travel, catering, entertainment, and group-buying information. 58.com Inc. is based in Beijing, China. “

Woodward (NASDAQ:WWD) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Woodward witnessed further deterioration of the natural gas truck market in China and continued weakness in reciprocating engine power generation and other OEM large capital equipment projects. Moreover, persistent weakness in large capital projects remains one of the major dampeners for Woodward's industrial segment. This business has been witnessing continuous weakness for the past few quarters, which in turn has affected its financial results. This may have led the company’s shares to underperform the broader industry in last one year. Nevertheless, it stands to benefit from increased global usage of natural gas as a source of electricity and transportation fuel.”

Xenon Pharmaceuticals (NASDAQ:XENE) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Xenon Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company. It is focused on the development of medicines through the application of its proprietary discovery platform, which it refer to as Extreme Genetics. Xenon is developing proprietary product candidates for the treatment of both orphan as well as more prevalent diseases. The company offers Glybera (R), a gene therapy for the treatment of lipoprotein lipase deficiency, an orphan disorder. Xenon Pharmaceuticals Inc. is headquartered in Burnaby, Canada. “

Xenia Hotels & Resorts (NYSE:XHR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT. The company invests primarily in premium full service, lifestyle, urban upscale hotels, lodging markets as well as leisure destinations primarily in the United States. Xenia Hotels & Resorts, Inc. is based in Orlando, Florida. “

Exxon Mobil (NYSE:XOM) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “ExxonMobil has a leading position in the energy industry owing to the size and diversity of its asset base, both in terms of business mix and geographical footprint.  With a stable cash position, the company’s balance sheet is one of the best in the industry, reflecting declining debt load over the first nine months of 2017. We appreciate ExxonMobil’s plans to combine its refining & marketing businesses as this will allow the company to take better decisions and boost performance. ExxonMobil will generate more cashflow from downstream activities, also helping it counter the volatility in its upstream business. However, dependence on costly offshore drilling might dent ExxonMobil’s cashflow. Also, ExxonMobil has lagged the broader industry over the past year, gaining a meagre 0.8% as against the 14.3% growth of the industry.”

Xylem (NYSE:XYL) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $80.00 target price on the stock. According to Zacks, “Xylem’s shares have outperformed the industry in three months’ time. The company believes that robust semiconductor and industrial end-markets’ demand will continue to drive its revenues in the quarters ahead. In addition, greater operational efficacy will likely bolster the company’s near-term bottom-line results. Integration process of the Analytics and Sensus businesses is right on track and is expected to drive its Measurement and Control Solutions segment’s performance in the upcoming quarters. Xylem also intends to fund strategic investment projects and boost shareholders’ return on the back of increased cost savings. Over the last 60 days, Zacks Consensus Estimate for the stock moved north for 2018.”

YRC Worldwide (NASDAQ:YRCW) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $17.00 target price on the stock. According to Zacks, “YRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn. Collectively, YRC Worldwide companies have one of the largest, most comprehensive LTL networks in North America with local, regional, national and international capabilities. “

Yatra Online (NASDAQ:YTRA) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Yatra Online, Inc. provides online travel agency services. The company operates through website www.yatra.com, mobile applications and associated platforms to book airline, railway and bus tickets as well as car and hotel accommodations for customers. Its product portfolio includes flights, hotels, trains, holidays, bus and activities. Yatra Online, Inc. is headquatered in New Delhi, India. “

Yum! Brands (NYSE:YUM) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $94.00 target price on the stock. According to Zacks, “Yum! Brands’ strategic transformation plan to drive growth, efforts to boost the domestic business coupled with various digital initiatives undertaken, bode well. In fact, the company has performed quite well in the domestic and many key international markets. Following China business spin-off, Yum! Brands’ endeavors to drive growth by employing greater focus on the development of its three iconic global brands, increasing its franchise ownership, and creating a leaner and more efficient cost structure. Shares of Yum! Brands outpaced the industry over the last year. The company also saw positive revisions in 2018 earnings over the last 60 days. Increased focus on bold restaurant development is likely to drive growth going forward. Yet, macroeconomic concerns and negative currency translation raise concern.”

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