Back to top

Image: Bigstock

The Zacks Analyst Blog Highlights: AT&T, Dominion, Honda, Marathon and Sprint

Read MoreHide Full Article

For Immediate Release

Chicago, IL –May 13, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: AT&T (T - Free Report) , Dominion Energy (D - Free Report) , Honda (HMC - Free Report) , Marathon Petroleum (MPC - Free Report) and Sprint (S - Free Report) .

Here are highlights from Friday’s Analyst Blog:

Top Analyst Reports for AT&T, Dominion Energy and Honda

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including AT&T, Dominion Energy and Honda. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

AT&T’s shares have lost -4.7% over the past year, underperforming the Zacks Wireless National industry's increase of +8%. AT&T reported strong first-quarter 2019 results driven by solid domestic wireless business and incremental contribution from WarnerMedia assets.

The Zacks analyst thinks the company will continue its growth momentum through 2019 as it remains poised to benefit from the impending 5G boom and extended LTE coverage, while focusing on reducing its huge debt burden. AT&T also aims to reinvent digital advertising and give a new dimension to its business model with integrated business platforms.

AT&T is facing a steady decline in linear TV subscribers and legacy services. The company’s wireline division is facing losses in access line due to competitive pressure from voice-over-Internet protocol service providers. As AT&T tries to woo customers with discounts, freebies and cash credits, margin pressures tend to soar.

(You can read the full research report on AT&T here >>>).

Shares of Dominion Energy have gained +14.4% over the past year, outperforming the Zacks Electric Power industry, which has increased +11.1% over the same period. Dominion Energy’s first-quarter earnings and revenues lagged estimates due to mild weather in Virginia and South Carolina, which in turn largely impacted demand.

The Zacks analyst thinks Dominion Energy is benefiting from its regulated growth projects and synergies from acquisition. The company’s expansion of electric transmission, natural gas facilities and midstream assets are strong positives. The company’s completion of its merger with SCANA became immediately accretive to earnings and will likely boost the bottom line further over the long term.

However, Dominion Energy’s future earnings may get affected due to increase in pension expenses and share dilution. The company and its gas unit’s dependency upon third-party producers for natural gas supply increases risk. Any delay in ongoing capital projects may impact Dominion Energy’s profitability.

(You can read the full research report on Dominion Energy here >>>).

Honda’s shares have outperformed the Zacks Foreign Automotive industry over the past year, losing -20.8% vs. -28.5%. In fourth-quarter fiscal 2019, Honda’s operating profit declined 66.6% year over year. This decline resulted from the adverse effects of foreign currency and impact of changes in the global automobile production network and capability in Europe.

These negative factors were partly offset by continuous cost-reduction efforts. The Zacks analyst likes Honda’s Vision 2030 strategy, through which the company aims to boost coordination between research and development as well as procurement and manufacturing of products. However, frequent cases of recall are concerns for the company.

(You can read the full research report on Honda here >>>).

Other noteworthy reports we are featuring today include Marathon Petroleum and Sprint.

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.

See 7 breakthrough stocks now>>

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com                                      

http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Published in