RY 133.21 -0.0675% TD 78.64 0.4599% SHOP 95.75 0.136% CNR 174.55 -0.2172% ENB 46.51 1.3511% CP 115.18 -0.3375% BMO 125.12 -0.1197% TRI 207.83 -1.3153% CNQ 105.4 -0.8467% BN 52.885 -1.5544% ATD 75.13 -0.186% CSU 3670.4399 -1.1052% BNS 64.03 -0.2959% CM 64.91 0.1698% SU 52.315 0.2587% TRP 48.59 0.5796% NGT 53.03 -0.0942% WCN 226.63 -0.0838% MFC 31.51 0.2226% BCE 44.31 -0.2476%
The Walt Disney Company
DIS Details
The Walt Disney Company (NYSE: DIS) is a global entertainment company. It operates two operating segments: 1) Disney Media and Entertainment Distribution (DMED), which produces and distributes global film and episodic television content, and 2) Disney Parks, Experiences, and Products (DPEP), which operates theme parks and resorts, cruise lines, vacation clubs, and other businesses, as well as licensing and selling branded merchandise through retail, online, and wholesale channels.
Latest News:
Q4FY21 Results:
Key Risks:
Valuation Methodology: EV/Sales Multiple Based Relative Valuation
(Analysis by Kalkine Group)
DIS Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
DIS' share price has declined 26.90% in the past nine months and is currently leaning towards the lower-band of the 52-week range of USD 129.26 to USD 203.02. The stock is currently trading below its 50 and 200 DMA levels, and its RSI Index is at 25.70. We have valued the stock using the EV/Sales-based relative valuation methodology and arrived at a target price of USD 164.64.
Considering the correction in the stock price in the past nine months, strong top and bottom-line performance, efforts in expanding the DTC business, current valuation, and associated risks, we recommend a "Buy" rating on the stock at the current price of USD 135.45, up 1.38% as of January 27, 2022, 12:44 PM ET.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
* Depending upon the risk tolerance, investors may consider unwinding their positions in a respective stock once the estimated target price is reached.
Silvergate Capital Corporation
SI Details
Silvergate Capital Corporation (NYSE: SI) is a holding company for Silvergate Bank (the Bank), which offers financial services such as commercial banking, commercial and residential real estate financing, mortgage warehouse lending, and commercial business lending. In addition, the Bank provides a wide variety of deposit products and services. The Silvergate Exchange Network (SEN) of the Bank is a near-instantaneous payment network for digital currency sector participants that also serves as a platform for creating new products and services. As of January 27, 2022, the company's market capitalization stood at USD 2.97 billion.
Latest News:
Q4FY21 Results:
Key Risks:
Valuation Methodology: Price/Book Value Multiple Based Relative Valuation
(Analysis by Kalkine Group)
SI Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
SI's share price has declined 40.63% in the past three months and is currently leaning towards the lower-band of the 52-week range of USD 79.00 to USD 239.26. The stock is currently trading below its 50 and 200 DMA levels, and its RSI Index is at 31.61. We have valued the stock using the Price/Book Value-based relative valuation methodology and arrived at a target price of USD 110.30.
Considering the correction in the stock price in the past three months, robust financial performance, inorganic growth initiatives, current valuation, and associated risks, we recommend a "Buy" rating on the stock at the closing price of USD 93.26, down 6.25% as of January 27, 2022.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
* Depending upon the risk tolerance, investors may consider unwinding their positions in a respective stock once the estimated target price is reached.
ABM Industries Incorporated
ABM Details
ABM Industries Incorporated (NYSE: ABM) is a leading provider of integrated facility solutions through five business segments: Aviation, Business & Industry (B&I), Education, Technology & Manufacturing (T&M), and Technical Solutions. It provides janitorial, parking, facility services, building & energy solutions, and airline services across its varied business segments. The company generates most of its revenue from the Business & Industry segment.
Latest News:
FY21 Results:
Key Risks:
Outlook:
FY22 Outlook (Source: Investor Presentation, Q4FY21)
Valuation Methodology: EV/Sales Multiple Based Relative Valuation
(Analysis by Kalkine Group)
ABM Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
ABM' share price has declined 23.64% in the past nine months and is currently leaning towards the lower-band of the 52-week range of USD 36.31 to USD 55.48. The stock is currently trading below its 50 and 200 DMA levels, and its RSI Index is at 38.90. We have valued the stock using the EV/Sales-based relative valuation methodology and arrived at a target price of USD 49.06.
Considering the correction in the stock price in the past nine months, decent top performance, inorganic growth initiatives, current valuation, and associated risks, we recommend a "Buy" rating on the stock at the current price of USD 40.45, down 1.75% as of January 27, 2022, 03:59 PM ET.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
* Depending upon the risk tolerance, investors may consider unwinding their positions in a respective stock once the estimated target price is reached.
Disclaimer
The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.