Author Archives: Stephen Percoco

GE 18Q4 Results: Curb Your Enthusiasm

General Electric (GE) posted 2018 fourth quarter results that were viewed positively by the financial community primarily because there were no new major negative surprises. Although management gave an update on the company’s recent progress and certain aspects of its … Continue reading

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American Water Works (AWK) 2019 Update

American Water Works Company (AWK) has delivered superior operating, financial and stock price performance over the past eight years. Its 2018 performance did not match the eight year average in either absolute or relative terms. However, management is confident in … Continue reading

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Acme United Battles the Headwinds

2018 was a rough year for investors in Acme United Corporation’s (ACU) stock, including CEO Walter Johnsen who owns 15% of the outstanding shares.  ACU’s 2018 total return was -38%, worse than the Zack’s Micro Cap Index’s 17% decline.  The … Continue reading

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Despite Progress, HPE’s Shares Struggle

Despite progress recorded in both its restructuring and its financial performance, HPE’s shares underperformed the market. Several factors contributed to the underperformance; but the shares should have upside if the company can deliver on its guidance. Continue reading

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SJI Outlines Its Vision

SJI’s stock has underperformed peers due in part to disappointing guidance for 2018 given at its recent analyst meeting. However, if management is able to deliver on its 2019 guidance, the stock should have reasonable upside, especially since it is trading at a discount to its peer group. Continue reading

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StoneMor Likely Nears End of SEC Filing Delays

A change in auditors is a likely precursor to a catch-up in StoneMor’s financial statement filings. Continue reading

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Five Star Heads Toward a Restructuring

As a result of recent operating losses, Five Star Senior Living faces a restructuring with its landlord, Senior Housing Properties Trust. Continue reading

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The Pause that Refreshes the Homebuilders?

It has certainly been a rough year for homebuilding stocks, but not nearly so bad for the housing market. The Lark Research Homebuilder Stock Price Index, an equal weighted average of eleven publicly-traded homebuilder stocks, was down 29.2% year-to-date through December 7. By comparison, the S&P 500 has declined 1.5% and the Russell 2000 has declined 5.7%. Continue reading

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Notes and Observations from the MIT CFO Forum

This year’s forum, held on November 15, was the seventeenth in the series.  It kicked off with Co-Chairman Jeremy Seidman highlighting the planning process for the event.  Each year, about a month after the current forum, Mr. Seidman, Co-Chair Jack … Continue reading

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BXG 2018 Third Quarter Update

Since floating the IPO in November 2017, Bluegreen Vacations Corporation’s (BXG) share price has come full circle.  The stock opened its first day of trading at $13.55, rallied to a high of $25.91 in July and has since fallen back … Continue reading

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