RY 163.32 -1.5611% SHOP 130.39 -4.7275% TD 87.25 -0.354% ENB 64.015 -0.7827% BN 72.95 -1.6979% TRI 254.46 -0.1021% CNQ 38.915 -4.0321% CP 99.68 0.0401% CNR 131.95 -1.124% BMO 130.74 -0.8419% BNS 68.19 -0.4961% CSU 4901.79 -1.61% CM 86.02 -0.5204% MFC 41.89 -1.3424% ATD 71.75 -0.9799% NGT 72.65 -0.8732% TRP 68.67 -1.1942% SU 48.06 -2.7913% WCN 270.34 -0.0665% L 218.01 -0.1603%
Johnson & Johnson
JNJ Details
JOHNSON & JOHNSON (NYSE: JNJ) is a holding company that is engaged in the research and development, manufacturing, and distribution of a variety of healthcare products. Its operating segments are Consumer, Pharmaceutical and Medical Devices. In Q3FY21, The US accounted for 51.26% of JNJ’s total revenue. As of October 21, 2021, the company's market capitalization stood at USD 430.15 billion.
Latest News:
Q3FY21 Results:
Key Risks:
Outlook:
Valuation Methodology: Price/Earnings Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the company's NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
JNJ Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
JNJ's stock price declined 3.87% in the past three months and is currently leaning towards the higher end of its 52-week range of USD 133.65 to USD 179.92. The stock is currently trading below its 50 and 200 DMA levels, and its RSI Index is at 51.05. We have valued the stock using the Price/Earnings-based relative valuation methodology and arrived at a target price of USD 182.18.
Considering the company's growth prospects, solid margins, current valuation, and associated risks, we recommend a "Hold" rating on the stock at the closing price of USD 163.40, as of October 21, 2021.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
Newmont Corporation
NEM Details
Newmont Corporation (NYSE: NEM) is a gold mining company engaged in the production and exploration of gold, copper, silver, zinc, and lead. It operates in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of October 21, 2021, the company's market capitalization stood at USD 45.69 billion.
Latest News:
Q2FY21 Results:
Key Risks:
Outlook:
Five Year Cost and Production Outlook (+/- 5%) (Source: Q2FY21, Earnings Presentation)
Valuation Methodology: EV/Sales Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the company's NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
NEM Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
NEM's stock price rose 4.90% in the past month and is currently leaning towards the lower end of its 52-week range of USD 53.03 to USD 75.31. The stock is currently trading between its 50 and 200 DMA levels, and its RSI Index is at 57.52. We have valued the stock using the EV/Sales-based relative valuation methodology and arrived at a target price of USD 63.94.
Considering the company's production outlook, solid margins, current valuation, and associated risks, we recommend a "Hold" rating on the stock at the closing price of USD 57.18 as of October 21, 2021.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
Church & Dwight Co., Inc.
CHD Details
Church & Dwight Co., Inc. (NYSE: CHD) is a developer, manufacturer, and distributor of variety of consumer household and personal care products and specialty products focused on animal and food production, chemicals, and cleaners. CHD markets its consumer products via its 13 power brands. As of October 21, 2021, the company's market capitalization stood at USD 20.58 billion.
Latest News:
Q2FY21 Results:
Key Risks:
Outlook:
Valuation Methodology: EV/Sales Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the company's NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
CHD Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
CHD's stock price declined 1.60% in the past three months and is currently trading close to mid-band of its 52-week range of USD 77.62 to USD 99.53. The stock is currently trading between its 50 and 200 DMA levels, and its RSI Index is at 54.62. We have valued the stock using the EV/Sales-based relative valuation methodology and arrived at a target price of USD 93.01.
Considering the company's sales growth prospects, solid margins, current valuation, and associated risks, we recommend a "Hold" rating on the stock at the closing price of USD 83.80, as of October 21, 2021.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
Clean Energy Fuels Corp.
CLNE Details
Clean Energy Fuels Corp. (NASDAQ: CLNE) is a renewable energy company engaged in the procurement and distribution of renewable natural gas (RNG) and conventional natural gas, in the form of compressed natural gas (CNG) and liquefied natural gas (LNG), for the United States and Canadian transportation markets. As of October 21, 2021, the company's market capitalization stood at USD 1.95 billion.
Latest News:
Q2FY21 Results:
Key Risks:
Outlook:
Valuation Methodology: EV/Sales Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the company's NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
CLNE Daily Technical Chart (Source: REFINITIV)
Stock Recommendation:
CLNE's stock price rose 12.34% in the past month and is currently leaning towards the lower end of its 52-week range of USD 2.39 to USD 19.79. The stock is currently trading between its 50 and 200 DMA levels, and its RSI Index is at 53.60. We have valued the stock using the EV/Sales-based relative valuation methodology and arrived at a target price of USD 9.67.
Considering the company's expectation of recovery from COVID-19, current valuation, and associated risks, we recommend a "Hold" rating on the stock at the closing price of USD 8.74, down 2.56% as of October 21, 2021.
* The reference data in this report has been partly sourced from REFINITIV.
* All forecasted figures and industry information have been taken from REFINITIV.
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.