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Zacks Equity Research Analysts Discuss Key Stocks: AvalonBay, Pepsi Bottling, HEICO, GM, and CBI

Strategic Insights

— 2 min read

AvalonBay Communities, a real estate investment trust, reported a 6.7% increase in its 4Q FFO, excluding impairments and other charges. The company primarily focuses on developing high-quality, multi-family apartment communities for higher-income clients in high barrier-to-entry regions of the US. Meanwhile, The Pepsi Bottling Group is addressing the lackluster CSD performance in North America by increasing pricing, launching new products, and expanding into the refreshment and hydration categories. HEICO Corporation reported a decline in net sales and operating income, but was aided by a reduction in interest expense and a positive IRS audit of its R&D Tax Credit claims. General Motors Corporation is considering spinning off its Saturn dealerships, while Chicago Bridge and Iron reported a 14.4% increase in revenues, but a decline in new awards and backlog.

Key Takeaways:

  • AvalonBay Communities' 4Q FFO increased 6.7% compared to the prior year period, excluding impairments and other charges.
  • The company primarily focuses on developing high-quality, multi-family apartment communities for higher-income clients in high barrier-to-entry regions of the US.
  • The Pepsi Bottling Group is addressing the lackluster CSD performance in North America by increasing pricing, launching new products, and expanding into the refreshment and hydration categories.
  • HEICO Corporation reported a decline in net sales and operating income, but was aided by a reduction in interest expense and a positive IRS audit of its R&D Tax Credit claims.
  • General Motors Corporation is considering spinning off its Saturn dealerships.
  • Chicago Bridge and Iron reported a 14.4% increase in revenues, but a decline in new awards and backlog.

Statistics:

  • AvalonBay Communities' 4Q FFO increased to $23.6 million, excluding impairments and other charges.
  • The Pepsi Bottling Group reported a 2.5% increase in net revenue per case in the low single-digit range.
  • HEICO Corporation reported a 2.9% decline in net sales to $130.4 million.
  • The company's operating income dropped 7.6% to $21.5 million.
  • Chicago Bridge and Iron reported a 14.4% increase in revenues to $1.513 billion.
  • Net income was up 55.2% to $68.6 million and EPS were 72, a 56.5% increase.

Sources:

  • Zacks.com, Analyst Blog, AvalonBay a Buy Up to $46
  • Zacks.com, Analyst Blog, Pepsi Bottling Drinks It In
  • Zacks.com, Analyst Blog, HEICO: Watch Out for the Cliff!
  • Zacks.com, Analyst Blog, GM's Saturn on the Brink
  • Zacks.com, Analyst Blog, CBI: Deja Vu All Over Again?
  • Zacks Equity Research, About Us
  • Zacks.com, Performance
  • Zacks.com, Disclaimer

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