The Zacks Analyst Blog highlights PepsiCo, Texas Instruments, HSBC, Petrobras and DuPont de Nemours
For Immediate Release
Chicago, IL – March 9, 2023 – Zacks.com announces the list of stocks featured in the analyst blog. Every day, Zacks Equity Research analysts discuss the latest news and events affecting stocks and the financial markets. Stocks recently featured on the blog include: PepsiCo, Inc. PEP, Texas Instruments Inc. TXN, HSBC Holdings plc HSBC, Petróleo Brasileiro SA – Petrobras PBR, and DuPont de Nemours, Inc. DD.
Here are the highlights from Wednesday’s analyst blog:
Top research reports for PepsiCo, Texas Instruments and HSBC
The Zacks Research Daily presents the best research from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks including PepsiCo, Texas Instruments Inc. and HSBC Holdings plc. These research reports have been selected from the approximately 70 reports published today by our team of analysts.
You can All current research reports can be found here >>>
PepsiCo Equities have significantly outperformed Coca-Cola and the S&P 500 index (+8.9% for PEP versus +1.9% for KO and -5.9% for the S&P 500 index) over the past year. The company’s sales and earnings beat Zacks’ consensus estimate and improved year over year for the most recent reporting quarter on Feb. 9. This marked the 17th consecutive quarter of sales.
Resilience and strength of global beverage and convenience food companies bode well. PepsiCo expects to capitalize on this by offering convenience, variety and a value proposition to customers through its brands. It raised its revenue forecast for 2022.
However, PepsiCo experienced margin pressures in the third quarter caused by the impact of supply chain disruptions and inflationary labor, transportation, and commodity costs. PEP anticipates increasing input cost inflation for the remainder of 2022. Unfavorable exchange rates also remain a headwind.
(You can Read the full research report on PepsiCo here >>>)
shares of Texas Instruments are down -0.2% over the past year versus a -9.0% decline in Zacks Semiconductor – General Industry. The company faces analog sluggishness, which remains a concern. Additionally, slowing momentum in the personal electronics and industrial end markets is negative. In addition, pandemic-related supply chain disruptions and the introduction of new export regulations are headwinds.
However, Texas Instruments’ fourth-quarter results were driven by solid momentum across its embedded processing segment. Growing demand for embedded technologies in the automotive and industrial markets made a good contribution.
In addition, the continued recovery of the automotive market provided tailwind. We note that the company’s growing investments in new growth avenues and competitive advantages remain tailwinds. In addition, the portfolio of durable products and efficient manufacturing strategies are further plus points.
(You can Read the full Texas Instruments research report here >>>)
HSBC holdings Equities have outperformed Zacks Banks – Overseas Industrials (+15.0% vs. +1.0%) over the past year. The company’s strong capital position, digital capability initiatives, extensive network and improving operational efficiencies through corporate restructuring are likely to continue to support HSBC’s growth.
The bank has reached an agreement to sell its banking operations in Canada. Exiting retail banking in the US and France is expected to help it focus more on Asia. At the same time, the acquisition of AXA Singapore’s insurance assets will expand HSBC’s business in the region.
While efforts to improve market share in the UK and China will support financials, they could result in rising costs that will weigh on profits. Nonetheless, HSBC’s product and service leadership in cross-border banking is helping to expand its customer base.
(You can Read the full research report on HSBC Holdings here >>>)
Other notable reports we are presenting today are Petróleo Brasileiro SA – Petrobras and DuPont de Nemours, Inc.
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Texas Instruments Incorporated (TXN): Free Stock Research Report
Petroleo Brasileiro SA-Petrobras (PBR): Free Stock Research Report
DuPont de Nemours, Inc. (DD): Free stock research report
PepsiCo, Inc. (PEP): Free Stock Research Report
HSBC Holdings plc (HSBC): Free stock research report
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