This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TSC Ratings' Updates: Eastman Kodak

The following ratings changes were generated on Monday, Feb. 2.

We've downgraded Acxiom (ACXM - Get Report), which provides customer and information management solutions for various companies worldwide, from hold to sell, driven by its deteriorating net income, disappointing return on equity, weak operating cash flow, generally weak debt management and decline in the stock price during the past year.

Net income decreased significantly, by 120.8%, compared with the same quarter last year, underperforming both the S&P 500 and the IT services industry. Return on equity also greatly decreased, a signal of major weakness within the corporation. Net operating cash flow decreased to $78.9 million, or 39.3%. Acxiom's debt-to-equity ratio is weak, but its 1.2 quick ratio is somewhat strong, demonstrating its ability to handle short-term liquidity needs.

Shares are down 8.1% over the past year, in part reflecting the market's overall decline. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.

We've downgraded AMB Property (AMB), which engages in the acquisition, development, and operation of industrial properties, from hold to sell, driven by its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself.

AMB property experienced a steep decline in earnings per share of 727.3% in the most recent quarter compared with the year-ago quarter. Earnings per share have declined over the last two years, and we anticipate that this should continue in the coming year. Net income fell 303.7% compared with the year-ago quarter, and ROE also greatly decreased, underperforming the industry average and the S&P 500. AMB's debt-to-equity ratio of 1.6 is below the industry average, suggesting that this level of debt is acceptable within the REIT industry.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ACXM $18.33 0.00%
BKH $51.09 0.00%
VVC $44.89 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs