|Bid||44.60 x 300|
|Ask||44.62 x 100|
|Day's range||44.03 - 44.76|
|52-week range||30.81 - 44.76|
|PE ratio (TTM)||17.58|
|Forward dividend & yield||1.12 (2.59%)|
|1y target est||N/A|
Zacks.com highlights: Caterpillar, Crocs, Pioneer Natural Resources, Legg Mason and Intuitive Surgical
Value stocks keep getting whipped by growth. Except for a brief, shining moment in the second half of 2016 when value outperformed, growth stocks have topped value since the end of 2012 by a score of a 113% return to value’s 74%. Now, with the stock market at all-time highs and its price/earnings ratio not cheap—and with global economic growth accelerating—value stocks could represent an opportunity.
Legg Mason (LM) is in a good position to beat earnings at its next report as it has a favorable Zacks Rank and positive Earnings ESP.
Shares of asset management firms Legg Mason (LM) and Affiliated Managers Group (AMG) took a hit Wednesday after Credit Suisse downgraded both stocks to Neutral from Outperform. Legg Mason has fallen more than 1.2% to about $41 and Affiliated Managers Group has declined by 0.6% to roughly $202. Following U.S. corporate tax reform and quarterly remarks, Credit Suisse analyst Craig Siegenthaler raised 2018 and 2019 earnings per share estimates for both companies, boosting his 12-mo.
Zacks.com highlights: Caterpillar, Deckers Outdoor, HubSpot, Pioneer Natural Resources and Legg Mason
A lawsuit has been filed by the Kentucky state workers against a few investment firms like Blackstone (BX) for violating their fiduciary duty.
Legg Mason (LM) has bolstered its performance through acquisitions. However, continuous outflows in equity assets under management remain a concern.
Invesco (IVZ) has a price-to-cash flow ratio of 10.71x on a NTM (next-12-month) basis compared to the peer average NTM price-to-cash flow ratio of 11.41x.
65- to 74-year-olds only have an average of $300,000 in their defined contribution plans.
T. Rowe Price Group (ticker: TROW) and Legg Mason (LM) had a good October. Investors cheered as both asset management firms reported better-than-expected assets under management last month, lifting their ...
The Carlyle Group (CG) is being tracked by 12 analysts in November 2017. Five of them have rated the stock a “hold,” and four have given it a “strong buy.”
Federated Investors (FII) benefited from lower expenses in Q3. However, revenues declined due to a fall in non-operating income.