U.S. Bancorp, Juniper, Wynn: Ratings Upgrades
BOSTON (TheStreet) --U.S. Bancorp (USB) - Get Report, Wynn Resorts (WYNN) - Get Report and Juniper Networks (JNPR) - Get Report were upgraded by TheStreet's stock model.
3.
The model upgraded hotel and casino owner Wynn Resorts to "hold."
Quarter
: Wynn's fourth-quarter loss narrowed to $5.2 million, or 4 cents, from $160 million, or $1.49, a year earlier. Revenue grew 32% to $809 million. The operating margin extended from 0.2% to 7.8%. Wynn has $2 billion of cash and $3.6 billion of debt.
Stock
: Wynn has nearly tripled during the past year, beating U.S. stock-market indices. It trades at a price-to-projected-earnings ratio of 87 and a price-to-cash-flow ratio of 18, 164% and 35% premiums to industry averages. It's cheap based on book value.
Consensus
: Of analysts covering Wynn, seven, or 37%, advise purchasing its shares, eight recommend holding and four suggest selling them.
Deutsche Bank
(DB) - Get Report
,
UBS
(UBS) - Get Report
and
Bank of America
(BAC) - Get Report
expect the stock to rise 11% to $95.
2.
The model upgraded communications-equipment maker Juniper Networks to "buy."
Quarter
: Juniper swung to a first-quarter profit of $163 million, or 30 cents, from a loss of $4.5 million, or 1 cent, a year earlier. Revenue grew 19%. The operating margin extended from 11% to 18%. Juniper has $2.3 billion of cash and no debt.
Stock
: Juniper has risen 62% during the past 12 months, more than major benchmarks. It sells for a price-to-book ratio of 2.7, a 20% discount to its peer average. The shares are expensive based on projected earnings, sales and cash flow.
Consensus
: Of researchers following Juniper, 17, or 56%, rate its stock "buy", 23 rate it "hold" and one ranks it "sell."
Pacific Crest Securities
believes the stock will gain 28% to $38.
Morgan Stanley
(MS) - Get Report
predicts that the shares will hit $37.
1.
The model upgraded diversified financial company U.S. Bancorp to "buy."
Quarter
: First-quarter net income increased 26% to $669 million and earnings per share expanded 42% to 34 cents. Revenue grew 5.5%. The gross margin widened from 54% to 60%. U.S. Bancorp has $8.4 billion of cash and $64 billion of debt.
Stock
: U.S. Bancorp has appreciated 45% during the past year, beating the
S&P 500 Index
. It trades at a price-to-projected-earnings ratio of 12, a 33% discount to the industry average. It's expensive based on trailing earnings, book value and sales.
Consensus
: Of firms rating U.S. Bancorp, 13, or 41%, advocate purchasing its shares, 17 recommend holding and two say to sell them.
Keefe, Bruyette & Woods
(KBW)
expects the stock to rise 22% to $34.
Raymond James
(RJF) - Get Report
foresees it at $32.
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