The model downgraded toolmaker Stanley Black & Decker to "hold."
: Stanley swung to a first-quarter loss of $109 million, or $1.09 a share, from a profit of $38 million, or 48 cents, a year earlier. Revenue grew 38%. The operating margin stretched from 12% to 13%. Stanley has $1.5 billion of cash and $3.5 billion of debt.
: Stanley has advanced 74% during the past year, outpacing U.S. stock-market indices. It trades at a price-to-projected-earnings ratio of 15, a 44% discount to its peer average. It's expensive based on trailing earnings. The shares pay a 2.1% dividend yield.
: Of analysts covering Stanley, seven, or 70%, advise purchasing its shares and three recommend holding them.
expects the stock to gain 15% to $74.
predicts that it will rise 9% to $70.
The model upgraded bottler Coca-Cola Enterprises to "buy."
: First-quarter net income surged 74% to $106 million and earnings per share climbed 62% to 21 cents. Revenue declined 1.6%. The operating margin inched up from 5.7% to 6.3%. The company has $972 million of cash and $8.7 billion of debt.
: Coca-Cola Enterprises has risen 76% during the past 12 months, more than stock-market benchmarks. It sells for a price-to-sales ratio of 0.6 and a price-to-cash-flow ratio of 8.5, 81% and 32% discounts to peer averages. It's costly based on book value.
: Of researchers following Coca-Cola Enterprises, five rate its stock "buy" and seven rate it "hold."
foresees the stock hitting $34, leaving a potential 22% return.
believes it will climb 14% to $32.
The model upgraded semiconductor maker Broadcom to "buy."
: Broadcom swung to a first-quarter profit of $210 million, or 40 cents, from a loss of $92 million, or 19 cents, a year earlier. Revenue soared 71%. The operating margin turned positive. The balance sheet holds $2 billion of cash and no debt.
: Broadcom has increased 53% during the past year, more than stock-market indices. It trades at a price-to-projected-earnings ratio of 16, on par with competitors' shares. It is expensive when considering trailing earnings and book value.
: Of firms rating Broadcom, 28, or 70%, advocate purchasing its shares, 10 recommend holding and two suggest selling them.
believes the stock will climb 27% to $45.
expects it to hit $43.
-- Reported by Jake Lynch in Boston.