March prelim Markit PMI
- Prior was 53.0
- Services 54.8 vs 55.5 expected
- Prior services 56.0
- Composite 54.3 vs 55.5
The stock market is in a sour mood and this isn't helping.
The stock market is in a sour mood and this isn't helping.
Most Popular
PLTR's AI platform sees customers spending 5x more! Deepening contracts boost growth & lock-in.
Swarmer's AI drone IPO jumps 700% on debut, but revenue's down & losses widen.
CNC's EPS fell 16.3% despite 19.4% revenue growth; HLI's EPS surged 34.9% on 20% revenue growth.
Consumer discretionary stocks tumble 9.6%. UAA (35.5x P/E) faces debt risks, KTB (10.4x P/E) sees cash flow dips, CHH (13.4x P/E) shows weak returns.
FBIN's 12.3x P/E hides falling margins & EPS. ADM's 18x P/E shows sales slump & low gross margin.
Industrials return 6.2% but CMCO's sales stagnate & EPS drops 10.5%. TPC faces cost challenges. KEX shines with 30.4% EPS growth.
BJRI, HAYW, RF show weak sales, margins, and returns. Valuations at 14.3x, 16.8x, 1.2x P/E or P/B.
Must Read