price to sales ratio
HEWLETT-PACKARD CO. $30 (New York symbol HPQ; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.9 billion; Market cap: $57.0 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.9%; TSINetwork Rating: Average; www.hp.com) is starting to benefit from a major restructuring that includes merging its computer and printing divisions and cutting 11% of its workforce.
In its fiscal 2014 first quarter, which ended January 31, 2014, earnings before unusual items rose 8.5%, to $1.7 billion from $1.6 billion a year earlier. Earnings per share rose 9.8%, to $0.90 from $0.82, on fewer shares outstanding.
Revenue in the quarter fell 0.7%, to $28.2 billion from $28.4 billion. Sales of computers rose 4% during the busy Christmas shopping season. However, printer sales fell 2%. Sales of servers and software to businesses also declined.
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In its fiscal 2014 first quarter, which ended January 31, 2014, earnings before unusual items rose 8.5%, to $1.7 billion from $1.6 billion a year earlier. Earnings per share rose 9.8%, to $0.90 from $0.82, on fewer shares outstanding.
Revenue in the quarter fell 0.7%, to $28.2 billion from $28.4 billion. Sales of computers rose 4% during the busy Christmas shopping season. However, printer sales fell 2%. Sales of servers and software to businesses also declined.
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MOLSON COORS BREWING CO. $57 (New York symbol TAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 184.2 million; Market cap: $10.5 billion; Price-to-sales ratio: 2.5; Dividend yield: 2.6%; TSINetwork Rating: Average; www.molson coors.com) continues to make progress integrating StarBev LP, which it bought for $3.4 billion in June 2012. StarBev owns nine breweries in central and eastern Europe.
In 2013, Molson Coors’ earnings rose 2.3%, to $727.1 million from $710.5 million in 2012. Due to more shares outstanding, earnings per share gained 1.0%, to $3.95 from $3.91. Sales rose 7.4%, to $4.2 billion from $3.9 billion.
Molson Coors is doing a good job absorbing StarBev, and cutting costs at its existing businesses. In 2013, it lowered its expenses by $113 million.
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In 2013, Molson Coors’ earnings rose 2.3%, to $727.1 million from $710.5 million in 2012. Due to more shares outstanding, earnings per share gained 1.0%, to $3.95 from $3.91. Sales rose 7.4%, to $4.2 billion from $3.9 billion.
Molson Coors is doing a good job absorbing StarBev, and cutting costs at its existing businesses. In 2013, it lowered its expenses by $113 million.
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CANON INC. ADRs $31 (New York symbol CAJ; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.1 billion; Market cap: $34.1 billion; Price-to-sales ratio: 1.0; Dividend yield: 4.5%; TSINetwork Rating: Above Average; www.canon.com) gets 52% of its revenue by making office equipment, mainly printers and copiers.
It also makes consumer products, such as cameras and inkjet printers (38% of revenue), and industrial components, including chips and other parts for TV sets, medical gear and mobile devices (10%).
Demand for printers and other business products is slowly improving with the overall economy. The low Japanese yen also makes Canon’s products cheaper in other countries.
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It also makes consumer products, such as cameras and inkjet printers (38% of revenue), and industrial components, including chips and other parts for TV sets, medical gear and mobile devices (10%).
Demand for printers and other business products is slowly improving with the overall economy. The low Japanese yen also makes Canon’s products cheaper in other countries.
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DIAGEO PLC ADRs $125 (New York symbol DEO; Conservative Growth Portfolio, Consumer sector; ADRs outstanding: 627.8 million; Market cap: $78.5 billion; Price-to-sales ratio: 4.2; Dividend yield: 2.5%; TSINetwork Rating: Above Average; www.diageo.com) is the world’s largest maker of spirits. Its major brands include Guinness stout, Smirnoff vodka and Captain Morgan rum.
In the first six months of its 2014 fiscal year, which ended December 31, 2013, Diageo’s sales fell 0.7%, to 5.9 billion British pounds from 6.0 billion a year earlier (1 pound = $1.86 Canadian).
Gains in Latin America (up 8%), North America (up 5%) and Africa (up 2%) offset weakness in Asia (down 6%) and Western Europe (down 1%).
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In the first six months of its 2014 fiscal year, which ended December 31, 2013, Diageo’s sales fell 0.7%, to 5.9 billion British pounds from 6.0 billion a year earlier (1 pound = $1.86 Canadian).
Gains in Latin America (up 8%), North America (up 5%) and Africa (up 2%) offset weakness in Asia (down 6%) and Western Europe (down 1%).
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YUM! BRANDS INC. $73 (New York symbol YUM; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 442.9 million; Market cap: $32.3 billion; Price-to-sales ratio: 2.6; Dividend yield: 2.0%; TSINetwork Rating: Above Average; www.yum .com) will soon start selling breakfast foods and coffee through 5,500 of its Taco Bell outlets in the U.S.
The new breakfast menu features the Waffle Taco, a warm waffle wrapped around either bacon or sausage, with scrambled eggs, cheese and maple syrup. The A.M. Crunchwrap sandwich holds sausage, eggs and cheese inside a soft tortilla shell.
These foods are sure to draw a lot of criticism from health advocates. But that may be part of Yum’s plan to attract media attention and spur sales.
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The new breakfast menu features the Waffle Taco, a warm waffle wrapped around either bacon or sausage, with scrambled eggs, cheese and maple syrup. The A.M. Crunchwrap sandwich holds sausage, eggs and cheese inside a soft tortilla shell.
These foods are sure to draw a lot of criticism from health advocates. But that may be part of Yum’s plan to attract media attention and spur sales.
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CAE INC. $14 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 262.2 million; Market cap: $3.7 billion; Price-to-sales ratio: 1.8; Dividend yield: 1.7%; TSINetwork Rating: Average; www.cae.com) earned $46.1 million in its fiscal 2014 third quarter, which ended December 31, 2013....
In addition to TD (see page 21), we also like the outlook for Canada’s other four big banks. Each has its particular risks, but all are good choices for long-term growth and income.
ROYAL BANK OF CANADA $71 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $99.4 billion; Price-to-sales ratio: 2.7; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s second-largest bank, with $860.8 billion of assets.
Royal recently agreed to sell its 13 branches and related operations in Jamaica....
ROYAL BANK OF CANADA $71 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $99.4 billion; Price-to-sales ratio: 2.7; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s second-largest bank, with $860.8 billion of assets.
Royal recently agreed to sell its 13 branches and related operations in Jamaica....
TRANSCANADA CORP. $49 (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 707.4 million; Market cap: $34.7 billion; Price-to-sales ratio: 3.8; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.transcanada.com) could begin work on its Keystone XL oil pipeline later this year after the U.S....
POTASH CORP. OF SASKATCHEWAN $37 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 856.1 million; Market cap: $31.7 billion; Price-to-sales ratio: 4.2; Dividend yield: 4.2%; TSINetwork Rating: Average; www.potashcorp.com) earned $2.04 a share in 2013, down 13.9% from $2.37 in 2012 (all amounts except share price and market cap in U.S....
BOMBARDIER INC. (Toronto symbols BBD.A $4.08 and BBD.B $4.04; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.8 billion; Market cap: $7.3 billion; Price-to-sales ratio: 0.4; Dividend yield: 2.5%; TSINetwork Rating: Average; www.bombardier.com) has won a contract to build 65 railcars for a new public transit line in London, U.K....