The Trefis Top 5 – April 27 Insights
In today’s article lineup we launched coverage on Constant Contact (NASDAQ:CTCT) with a price estimate of $30.66. We also wrote on The New York Times‘ (NYSE:NYT) paywall, discussed the continued fallout for Toyota (NYSE:TM) from the Japan tragedy and looked at iPhone user’s loyalty to AT&T (NYSE:T) as well as inflation pressures on Kimberly-Clark (NYSE:KMB).
Coverage Launch on Constant Contact – $30.66 Stock Price Estimate
Constant Contact (NASDAQ:CTCT) is a provider of on-demand email marketing, event marketing and online survey solutions for organizations. Customers use the firm’s products to create, send and track emails, events and surveys to their end users. This enables companies to build stronger relationships with their end customers which eventually helps them to increase their customer base and drive sales growth. The firm competes with a number of players in the space including Vertical Response, iContact, Eventbrite, Zoomerand and Surveymonkey.
- How Will An Expanding Postpaid Phone Business Drive AT&T Stock’s Q1 Results?
- Down 50% From 2021, We Think There’s Upside For AT&T Stock
- Will AT&T Stock See Gains Post Q2 Results?
- At $15, AT&T Stock Appears Oversold
- AT&T Stock Held Up In A Tough Market. What Does 2023 Hold?
- What’s Happening With AT&T Stock?
NYT Confident in its New Paywall
The New York Times Company (NYSE:NYT) recently announced its Q1 2011 earnings and provided an initial glimpse into the results of its newly introduced paywall. [1] The paywall was recently implemented to encourage “heavy users” to subscribe. New York Times competes with News Corp’s (NASDAQ:NWS) The Wall Street Journal (WSJ) as well as internet-based outlets like Yahoo (NASDAQ:YHOO), Google (NASDAQ:GOOG) and AOL (NYSE:AOL).
Toyota’s Production Sinks, Downside to Loan & Lease Business
Toyota Motor Corporation (NYSE:TM) is the world’s largest automaker by sales and is headquartered in Japan. We believe that the damage in Japan from the earthquake and tsunami will negatively impact Toyota’s lease and loans portfolio, which contributes 27% to Toyota’s stock value. Toyota sells its vehicles under mainly three brands: Toyota, Lexus and Scion, and competes globally with automakers like BMW (GR:BMW), GM (NYSE:GM), Daimler (ETR:DAI), Audi (NSU:GR), Ford (NYSE:F), Honda (NYSE:HMC) and Kimberly-Clark (NYSE:KMB).
iPhone Users Hanging Onto AT&T
AT&T (NYSE:T) recently released its Q1 2011 earnings and based on continued strength in connected device additions and controlled SG&A expenses, we have updated our price estimate for AT&T’s stock to $38.08. One interesting note from the quarterly earnings was that iPhone-related business remain healthy for AT&T despite losing exclusivity in the recent quarter to Verizon (NYSE:VZ). AT&T primarily competes with Verizon and Sprint (NYSE:S) in the mobile and landline businesses.
Inflation Squeezes Margins At Kimberly-Clark
Kimberly-Clark (NYSE:KMB) released its Q1 2011 earnings on April 25th. We previously discussed our concerns over rising input costs, but the magnitude of the dent to EBITDA margins was a bit higher than we had expected. [2] Kimberly-Clark’s competitors Procter & Gamble (NYSE:PG), Unilever (NYSE:UL) and Colgate-Palmolive (NYSE:CL) will release earnings on April 28.
Notes: