Search Results for: rating

S&P 500 Operating EPS vs. CAPEX Capital expenditures are expected to accelerate into 2022 and could potentially increase productivity. Image: J.P. Morgan Asset Management

Monthly Net Rating Change The credit ratings upgrade cycle continued in September, which is good news for high yield investors. Image: BofA Global Research

S&P 500 Quarterly Operating Earnings per Share Over the past eighty years, the median long-term annual growth rate in earnings for the S&P 500 is about 8%. Image: Richardson Wealth

Corporate Profits – S&P 500 Index Trailing 12-Mo. Operating Margin and U.S. CPI Less U.S. PPI The gap between CPI and PPI is deeply negative. Are U.S. coporate profits at risk in the next 12 months? Image: Morgan Stanley Wealth Management

S&P 500 Index Operating Cash Flow as a Percent of Market Capitalization Market fragility remains elevated. Cash flow as a percent of market cap is close to the dotcom bubble low. Image: Morgan Stanley Wealth Management

U.S. Stocks – Percentage of All Sell-Side Ratings That Are Buy or Overweight Wall Street analysts are very bullish on U.S. stocks. Image: Financial Times

S&P 500 Index Annualized Operating Leverage, Earnings Per Share Growth Less Sales Growth S&P 500 operating leverage is well above average. Is it sustainable? Image: Morgan Stanley Wealth Management

Valuation – S&P 500 Operating Earnings Per Share If companies are able to maintain their profit margins, the forward P/E ratio of the S&P 500 could fall to 20.1x by 4Q22. Image: J.P. Morgan Asset Management

Earnings – S&P 500 YoY Operating EPS Growth Are earnings too good to ignore? Image: J.P. Morgan Asset Management

FAANGM Stocks vs. S&P 500 – Operating Margin, Return on Equity and Return on Assets Will FAANGM stocks continue to drive the S&P 500 higher? Image: Alpine Macro

Earnings Growth – S&P 500 Historical Operating and Normalized EPS The U.S. stock market needs earnings growth to rise in 2021 and 2022 as the global economy recovers. Image: BofA US Equity & Quant Strategy