NYSE Overbought Stocks: Apartment Investment and Management (NYSE:AIV), Novo Nordisk A/S (ADR) (NYSE:NVO), BEAM (NYSE:BEAM), UNS Energy (NYSE:UNS)

Posted by on Feb 10, 2014

Apartment Investment & Management Co. (NYSE:AIV) released its earnings data on Thursday. The company reported $0.57 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.57, AnalystRatingsNetwork reports. The company had revenue of $250.90 million for the quarter, compared to the consensus estimate of $245.41 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up 1.3% on a year-over-year basis. Apartment Investment & Management Co. updated its Q1 guidance to $0.46-0.50 EPS and its FY14 guidance to $2.00-2.10 EPS. Apartment Investment and Management Co. (NYSE:AIV) stock opened at $28.49 in last trading session, and closed at $29.52, trading in the range of $27.99 – $29.58. The stock showed a positive weekly performance of 5.54%.

Swedbank upgraded shares of Novo Nordisk (NYSE:NVO) from a neutral rating to a buy rating in a research note issued to investors on Friday, AnalystRatingsNetwork reports. Novo Nordisk A/S (ADR) (NYSE:NVO) shares closed at $42.85 on last trade day, by gaining 2.17%. Stock 52 week range is $29.90 – $42.90. Company’s market capitalization is $113.79 billion.

BEAM Inc (NYSE:BEAM), as the world’s fourth largest international spirits company and seventh largest overall, should be in a strong position. In some ways it is, however, it suffers from a large proportion of its volumes being in low-growth brands and more importantly too narrow a focus geographically. This profile looks at the company’s strategy and looks at what more it should do to expand internationally. BEAM Inc (NYSE:BEAM) stock advanced 0.20% and finished the last session at $83.40. The EPS of the stock remained 2.24. Company’s market capitalization is $13.65 billion.

UNS Energy Corp (NYSE:UNS) average recommendation is hold with average Target Price of $60.25. UNS Energy Corp (NYSE:UNS) stock opened at $60.06 in last trading session and closed at $60.01. The 52 week range of the stock is $42.51 – $60.17 and the day range was $59.95 – $60.12.

Leave a Reply

Your email address will not be published. Required fields are marked *