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NortonLifeLock Inc. (NASDAQ:NLOK) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? – Yahoo Sports

Posted: August 6, 2022 at 7:55 pm

As you might know, NortonLifeLock Inc. (NASDAQ:NLOK) recently reported its quarterly numbers. Results were roughly in line with estimates, with revenues of US$707m and statutory earnings per share of US$1.41. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

Check out our latest analysis for NortonLifeLock

earnings-and-revenue-growth

After the latest results, the three analysts covering NortonLifeLock are now predicting revenues of US$2.93b in 2023. If met, this would reflect a credible 4.0% improvement in sales compared to the last 12 months. Per-share earnings are expected to step up 16% to US$1.73. Before this earnings report, the analysts had been forecasting revenues of US$2.93b and earnings per share (EPS) of US$1.73 in 2023. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of US$27.23, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic NortonLifeLock analyst has a price target of US$29.00 per share, while the most pessimistic values it at US$25.90. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. One thing stands out from these estimates, which is that NortonLifeLock is forecast to grow faster in the future than it has in the past, with revenues expected to display 5.4% annualised growth until the end of 2023. If achieved, this would be a much better result than the 11% annual decline over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 13% annually for the foreseeable future. So although NortonLifeLock's revenue growth is expected to improve, it is still expected to grow slower than the industry.

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The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting sales are tracking in line with expectations - although our data does suggest that NortonLifeLock's revenues are expected to perform worse than the wider industry. The consensus price target held steady at US$27.23, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on NortonLifeLock. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple NortonLifeLock analysts - going out to 2025, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 3 warning signs for NortonLifeLock you should be aware of, and 1 of them can't be ignored.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research SessionYoull receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

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NortonLifeLock Inc. (NASDAQ:NLOK) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? - Yahoo Sports

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Yahoo! Sports analyst lays out path to bounceback year for Penn State – Saturday Tradition

Posted: at 7:55 pm

Yahoo! Sports analyst Sam Cooper believes Penn State can take a step forward in 2022 following a challenging 2021 season.

In 2021, Penn State finished the season with a 7-6 record. The season ended with a loss to Arkansas in the Outback Bowl in January. With last season behind Penn State, this upcoming season could be much better if the offense can produce.

The Nittany Lions will be led by 6th-year senior quarterback Sean Clifford. Cooper wants to see the offense take pressure off of Clifford and the defense fill some holes:

For a turnaround in 2022, the offensive line play must be better. Adding five-star freshman Nick Singleton should give the running game a jolt. A more consistent running game takes some of the pressure off of Clifford, now a sixth-year senior. Defensively, the secondary and line are both solid but linebacker is a question mark. Ohio State is the obvious favorite in the Big Ten East, but it wouldnt be surprising if Penn State finished second in the division and ended up in a New Years Six bowl, Cooper said.

The season begins on Thursday, Sept. 1 at Purdue in West Lafayette. If the Nittany Lions can make adjustments, the B1G East could be up for grabs in 2022. This will be a pivotal season for the entire program.

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2022 Hall of Fame: Dick Vermeil guided the 1999 Rams to the most unlikely title ever – Yahoo Sports

Posted: at 7:55 pm

The 1999 St. Louis Rams are the best underdog team story in NFL history.

The Rams were coming off a 4-12 season. They lost quarterback Trent Green to a knee injury in the preseason. They weren't expected to be any good. Instead, they won a Super Bowl.

Kurt Warner has become the poster boy for that underdog story, and for good reason. Warner's story has been told countless times: He went from bagging groceries to a regular-season and Super Bowl MVP. He ended up in the Pro Football Hall of Fame.

Let's not forget about the coach of that unbelievable 1999 Rams team. The coach who took that former grocery bagger, got the team to believe in him as their new quarterback, and oversaw a squad that won the most improbable Super Bowl title ever.

The Hall of Fame didn't forget Dick Vermeil's career. He finally got the call and will be inducted in the class of 2022. He wouldn't be in if not for that incredible 1999 season.

Vermeil had an odd career. He became the Philadelphia Eagles' head coach in 1976 after two seasons as head coach of UCLA. He led the Bruins to a Rose Bowl win in one of his two seasons there. After two losing seasons to start his time in Philadelphia, the Eagles took off. They had a run of success and ended up in Super Bowl XV, though they lost to the Oakland Raiders. Vermeil coached two more seasons with Philadelphia and then stepped away, at age 46.

He was burned out, he said. Vermeil wouldn't coach again until he was 61.

In between, Vermeil was a popular college football broadcaster for ABC. It seemed he'd settled into his post-coaching career when the Rams made Vermeil a surprising hire in 1997. He was given control of football operations, too. And for two years, it looked like the game had passed Vermeil by. He was 9-23 after two seasons. Players didn't take to his old-school mentality, especially to grueling training camp practices. He was in danger of being fired.

Vermeil looked like a coach that had taken 14 seasons off. Then 1999 happened.

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Dick Vermeil coached for three NFL teams, including one memorable season with the Rams. (Photo by Ronald Martinez/Getty Images)

There was magic for the 1999 Rams. Vermeil memorably said through tears after Green's injury, "We will rally around Kurt Warner, and we will play good football." His new offensive coordinator, Mike Martz, helped. So did new running back Marshall Faulk, who was acquired in a trade brokered by Vermeil.

The Rams went 13-3 and beat the Tennessee Titans in the Super Bowl. Vermeil's comeback, almost two decades after coming up just short of a championship with the Eagles, was worth it.

Warner got the spotlight. Martz got a lot of credit for his innovative offense. But Vermeil pushed all the right buttons for one of the greatest championship stories in sports history.

"He deserves 100 percent of the credit for the turnaround," then-Rams vice president for player personnel Charley Armey told the told the Baltimore Sun during the 1999 season. "He made the right moves with the staff, with the players, with practices. He's done everything right."

Vermeil stepped away again after the 1999 season. He'd return for five more seasons with the Kansas City Chiefs and while it wasn't bad Vermeil's Chiefs went 44-36 it didn't result in any playoff wins. Vermeil retired for good after that.

Unlike the first time he retired from the Eagles, Vermeil walked away from the NFL with a Super Bowl ring from one of the greatest single-season runs in sports.

Winning a Super Bowl doesnt change the person," Vermeil said in 2014 to the Delaware County Daily Times. "But it changes the way everyone looks at him. Its amazing. All of a sudden you become a winning Super Bowl coach and thats how you are introduced. But you are the same person."

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2022 Hall of Fame: Dick Vermeil guided the 1999 Rams to the most unlikely title ever - Yahoo Sports

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Where was Tom Brady’s head in the 2019 season? It’s fair to wonder amid Dolphins revelations – Yahoo Sports

Posted: at 7:55 pm

Tom Brady won six Super Bowls and 17 AFC East titles for the New England Patriots during his two-decade career with the franchise. Not bad for a sixth-round draft pick.

So, to be clear, Brady owes New England nothing. Ever.

Not an explanation. Not an apology. Not even a comment, really. Nothing. On the all-time scales of athlete/team, Bradys side is touching the floor.

That said, you cant blame former teammates, coaches, fans or anyone with the franchise if they wonder where Bradys head and heart were during the 2019 season. It was his final with the Pats and a time when he was also engaging in repeated conversations with the Miami Dolphins.

New England won the division again, but the end of the season was a disjointed mess. A loss in the wild-card round to Tennessee was New Englands fourth in six games.

During the second half of the season, Bradys play slipped seven of his 10 lowest-graded games by ProFootballFocus came after Week 11. He completed 64.8 percent of his passes in the first nine games of the season, but 55.3 after that.

At the time, Bradys relative struggles were shrugged off as missing Rob Gronkowski (who had retired) and the QB being 42 years old.

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Now, however, following a NFL disciplinary report released Tuesday involving the systematic tampering of the Dolphins, we know that during the 2019 season, Brady was engaged in numerous and detailed conversations with Miami executive Bruce Beal.

Brady was in the final year of his contract in New England. He later became a free agent and signed with Tampa Bay, where he is set to begin his third (and likely final) season. NFL rules prohibit teams from contacting players who are under contract with another team.

The Dolphins had impermissible communications [with Brady] as early as August 2019 and continued throughout the 2019 season and postseason, the NFL determined.

The league has suspended Beal and team owner Stephen Ross, who had knowledge and was supportive of the tampering, as well as stripped the club of two future draft picks.

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A federal lawsuit filed by former Dolphins head coach Brian Flores includes a scene where Ross entertains a prominent quarterback who was not yet a free agent on the billionaires yacht. Multiple reports say that QB was Brady.

"The investigators found tampering violations of unprecedented scope and severity," NFL commissioner Roger Goodell stated in handing down the ruling.

Brady will not be disciplined. The infraction is on the team, not the player.

That doesnt mean Brady is completely innocent here. In his 20th season in the league, he assuredly knew at the least the rough parameters of tampering. He was clearly a willing participant. Its not like he normally spends his time innocently communicating with rival executives.

Tom Brady doesn't owe New England anything. That said, it's hard not to wonder where his head was during a 2019 season that was rough by his lofty standards and during which we now know he was being actively recruited by the Miami Dolphins. (AP Photo/Bill Sikes, File)

Sure, this is how most job switches work; an employee gets contacted. Brady wasnt some normal job-seeker though.

So did the fact Brady was having conversations about his future with a different team impact his play while still with the Patriots? There is no way to know, of course. However, two of his worst games of the season came in a Week 17 loss to (coincidentally) Miami, which cost New England a first-round bye, and then in the wild-card loss to Tennessee.

Did he have one foot out the door?

This would run counter to a player whose career is defined by the relentless, even unhealthy, pursuit of victory. In New England phrases such as All In and Do Your Job and LFG are part of the lingo, in large part because of Brady.

You cant blame anyone there for wondering what was going on. Not that Bill Belichick is willing to admit it.

Im focused on training camp, Belichick told reporters Wednesday when asked about the tampering. Thats all in the past.

Again, New England got more than it ever could have asked for out of Tom Brady. The fact he was winning 12 regular-season games and a division title at age 42 was beyond anyones reasonable expectations.

Still, in that final season, Brady was, at the very least, willing to be tampered with.

There is a twist though that should temper any if any are even deserved hard feelings up in Foxborough. By talking with Miami in 2019, Brady unwittingly gave New England a parting gift that will pay off, at least to some degree, in the seasons to come.

The Dolphins are now without a 2023 first-round draft pick and a 2024 third-rounder. That means an AFC East rival will be less able (at least a little bit) to stock future rosters with talent that will take New England on twice a year.

So there is that.

Brady may not have orchestrated a deep playoff run the season he was chatting up Miami, but in the end, he delivered one more loss to the Dolphins and one more advantage to the Patriots.

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Bill Russell, perhaps the greatest basketball player of all time, dies at 88 – Yahoo Sports

Posted: at 7:55 pm

Bill Russell was a late bloomer. Before the college basketball accolades and a pair of national championships, before the 11 NBA titles and five MVPs, before he became the most fearsome defensive player ever and a man firmly entrenched in the conversation for the greatest player of all time, there was a gangly, 5-foot-10 kid from Oakland's McClymonds High School who believed a job in the shipyards was in his future.

There proved to be so much more.

William Felton Russell died Sunday with his wife Jeannine at his side. He was 88. The greatest winner in professional sports Russells 11 championships in 13 seasons is a mark unlikely to ever be matched had a career that included 12 All-Star appearances and an Olympic gold medal in 1956. He was at his best in the biggest moments: In 30 elimination games at the college, pro and Olympic levels, Russell was a staggering 28-2.

Said Tommy Heinsohn, a teammate of Russells in Boston: He would do superhuman things when they needed to be done.

Russell was born on Feb. 12, 1934, in Monroe, Louisiana, where racism was deep-seated. Russells parents, Charlie and Katie, knew people there who had been born slaves; Black men and women were forced to wait in line behind whites at places like drug stores and gas stations, and Katie Russell, dressed in a new suit she made for herself, was once stopped by police and told not to wear white women clothes, according to a feature on Russell written in 2001.

Russells family moved to Oakland in the 1940s, where basketball first took hold. Russell was a gifted athlete his Celtics teammate, John Havlicek, said Russell could have been a champion decathlete but basketball came slowly. As a sophomore at McClymonds, Russell was nearly cut from the junior varsity team. He suited up for only half the games that season.

Russell didnt start until his senior year, and even then scholarship offers were scarce. Phil Woolpert, the head coach at nearby University of San Francisco, was the only coach to offer him a scholarship. Under the guidance of Woolpert and assistant coach Ross Giudice Much of what I am, I owe to Ross, Russell wrote in his 1966 autobiography Go Up for Glory Russell transformed from a clumsy kid who struggled to make layups into one of college basketballs most dominant players. Backboned by Russell, the Dons won two college basketball championships and strung together a winning streak of 55 straight games.

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Basketball legend Bill Russell, who won 11 championships for the Celtics, has died at 88. (Photo by Michael Kovac/Getty Images for Turner Sports)

NBA team executives took notice. One was Red Auerbach, Bostons grizzly head coach. In 1956, Rochester held the No. 1 pick in the draft. St. Louis had No. 2, and Boston had arranged a trade to move up if Russell were still on the board. As legend has it, Walter Brown, the Celtics owner who co-owned the popular Ice Capades, made a deal with Rochester owner Lester Harrison: Dont draft Russell, and the Ice Capades would commit to performing at Rochesters arena.

The Royals drafted Sihugo Green. The Celtics sent Ed Macauley and the player rights of Cliff Hagan to St. Louis in exchange for the second pick and the rights to Russell.

Russell was a defensive pioneer. He popularized shot-blocking. I was an innovator, Russell told The New York Times. I started blocking shots although I had never seen a shot blocked before that. The first time I did that in a game, my coach called timeout and said, No good defensive player ever leaves his feet. Russell was a master of tip-blocking, tapping shots to his teammates to ignite fast breaks instead of swatting shots into the stands.

Much of what defines todays great defensive players began with Russell. His ability to slide across the lane to provide help defense. His ability to alter shots. Said Auerbach: He put a whole new sound in [the] game. The sound of footsteps.

To his teammates, Russell was gregarious, known for a bellowing laugh. To the those outside the locker room, Russell was often withdrawn. Jekyll and Hyde, Bob Cousy once said. Russell had a complicated relationship with Boston. He often said he didnt play for Boston he played for the Celtics. Russell lived in Reading, Massachusetts, a town just north of the city. One night, Russell came home to find his house vandalized. Racial epithets were spray-painted on his walls. Burglars poured beer on his pool table, smashed in his trophy case and defecated on his bed.

Every time the Celtics went out on the road, vandals would come and tip over our garbage cans, Russells daughter, Karen, wrote in 1987. My father went to the police station to complain. The police told him that raccoons were responsible, so he asked where he could apply for a gun permit. The raccoons never came back.

Russell was never just a basketball player; in airports, he often replied, No, when asked if he was. Everywhere, Russell stood up against inequality. Once, in Marion, Indiana, Russell was presented with the key to the city. Later that same night, Russell was refused service at a local restaurant. He immediately drove to the mayors house and gave back the key.

Few athletes were as outspoken as Russell on controversial subjects. He fought back against the racism he dealt with in Boston. He criticized the NBA for what he saw as quotas on the number of Black players in the league. In 1961, after a restaurant in Lexington, Kentucky, refused to serve some of the Celtics Black players before an exhibition game, Russell organized a boycott of the game. In 1975, he declined to attend his Hall of Fame induction, later calling it insulting to all the Black players who were not inducted before him.

He refused to sign autographs, but welcomed a conversation.

"What I'm resentful of, you know, is when they say you owe the public this and owe the public that," Russell told the Saturday Evening Post in 1964. "You owe the public the same thing it owes you. Nothing. I'd say I'm like most people in this type of life; I have an enlarged ego. I refuse to misrepresent myself. I refuse to smile and be nice to the kiddies. I don't think it is incumbent upon me to set a good example for anybody's kids but my own."

On the court, Russells career was highlighted by his rivalry with Wilt Chamberlain. At 7-foot-1, 275 pounds, Chamberlain was significantly bigger than Russell and arguably just as quick. While Chamberlain had the statistical edge against Russell 28.7 points and 28.7 rebounds in a whopping 142 matchups Russells teams routinely came out on top. Russells Celtics were 85-57 against Wilt; in eight playoff series against Chamberlain, Russell lost only once.

Russell retired in 1969, serving the last three seasons as Bostons player-coach. He returned to the coaching ranks in 1973, in Seattle, where he stayed for four seasons. In 1987, he took over the Sacramento Kings, but lasted just 58 games before moving to the front office. He was fired in 1989. He didnt return to the NBA.

In retirement, Russell continued to be recognized for his achievements. He was named one of the NBAs 50 greatest players in 1996 and had the Finals MVP trophy named after him in 1999. In 2011, he was awarded the Presidential Medal of Freedom, and in 2013, Boston unveiled a statue in his honor.

For all he accomplished, he is best known for this: On the court or off, Bill Russell never backed down.

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NFL betting, odds: How to bet Josh Allen and the AFC East – Yahoo Sports

Posted: at 7:55 pm

I cant tell you how excited I am that football is almost back (preseason doesn't count). The air, general moods, food its all just better during college football Saturdays and NFL Sundays. As part of my first dive into the 2022 NFL season, Im starting with the AFC East because Ive seen no player talked about more in the last few weeks than Josh Allen. So, heres what Im thinking for some of the teams in the AFC East.

Allen hit 763 rushing yards last season, so 550.5 seems low, right? One huge thing for me is Im not quite convinced that Allen will be the same player without offensive coordinator Brian Daboll. Allen has had Daboll by his side for all four seasons of his career, molding him, grooming him and building him up from an inaccurate Wyoming quarterback to the elite threat he is now.

The progression we have seen from Allen during his time with the Buffalo Bills is outstanding. In the last two years, Allen has seen his biggest jump in completion percentage and his second-biggest jump in passing yards per game with Daboll as his play-caller. The person calling the plays matters just ask the Chicago Bears. Daboll is now the head coach of the New York Giants, and Allen is left with Sean McDermott, a defense-minded head coach.

What do defensive-minded coaches like to do? Control the clock, play stout defense and run the ball. Allen is the first quarterback in NFL history to throw for more than 4,000 yards and rush for more than 750 yards. Hes the first quarterback to have three straight seasons of at least eight rushing scores and last year he led the Bills in rushing yards in the postseason. Yet earlier this year, McDermott said he wanted Allen to run less. Were doing right by him by doing right by our team, McDermott said. When a defense-minded head coach says he wants to run more but run the QB less, I believe him. It seems like hes taking a page out of the ol' Mike Zimmer playbook.

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Josh Allen throws during Bills training camp at Saint John Fisher University on July 24, 2022, in Pittsford, New York. (Photo by Joshua Bessex/Getty Images)

Besides, the Bills dont exactly have an easy schedule of rushing defenses. Buffalo faces the Rams, Titans, Dolphins and Ravens all top 14 against the run in the first four games of the season. The Bills close the season facing the Patriots twice, Dolphins again and the Bengals. Weeks 5-12 are pretty friendly, but if the Bills' rushing offense cant get going in the first few weeks, theres a chance the game plan may shift.

How to play this in-season

If you dont like season-long props, Id be looking to take Allens under rushing prop in each of the first four games. This is the time McDermott will be trying to prove his point of running Allen less. Allen had 10 games last year rushing for 40 yards or more. Only two of those games were against teams mentioned above.

Ill be the first to admit it: I am not entirely convinced Tua Tagovailoa is a franchise quarterback. However, there is optimism surrounding the Dolphins this season, and the opportunity Im looking to capitalize on: backing the Dolphins ATS, both as underdogs and especially at home.

In the last two seasons, the Dolphins are 12-7 ATS as an underdog and 13-4 ATS at home, the best ATS home record in the NFL in that span. Those marks did occur during COVID times, with quarterback injuries in both 2020 and 2021, and with aging offensive coordinator Chan Gailey at the helm in 2020. Miami also had one of the worst units at protecting the quarterback and didnt have much of a running game.

This year, Miami could be even better. The Dolphins, ranked 12th in opponent yards per play last year, are looking to be just as good if not stronger defensively. Because Tua was sacked 40 times over the last two seasons, the Dolphins have rebuilt their offensive line with Connor Williams and Terron Armstead, while also dropping WR DeVante Parker and adding Tyreek Hill and Cedrick Wilson. Perhaps the most important factor of all: The team has a new head coach in Mike McDaniel, who learned in Kyle Shanahan's offense.

For two straight years, Parker was the league's worst player in receiver separation. Now Miami has Jaylen Waddle, Hill, and Wilson, who are all top 35 in this category. The 49ers, with McDaniel as offensive coordinator, ranked first in yards after the catch (for four straight seasons), while Miami was dead last in 2021.

The Dolphins have a (currently) healthy quarterback, an improved offensive line, a great head coach, receivers that can produce, and a great ATS home record before all of that. Miami could be the team that adds bucks to your bankroll.

As an extra tidbit, the New England Patriots and Dolphins both finished 13-4 ATS last year as six-point teaser legs. Thats 26-8. In the last two seasons, the Dolphins have gone 27-6 on a six-point teaser.

The Patriots have a tougher schedule, but I would definitely trust the Dolphins as a teaser leg throughout the season.

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NFL betting, odds: How to bet Josh Allen and the AFC East - Yahoo Sports

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Investors in American Homes 4 Rent (NYSE:AMH) have made a favorable return of 77% over the past five years – Yahoo Sports

Posted: at 7:55 pm

Passive investing in index funds can generate returns that roughly match the overall market. But the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the American Homes 4 Rent (NYSE:AMH) share price is 68% higher than it was five years ago, which is more than the market average. In stark contrast, the stock price has actually fallen 12% in the last year.

So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.

View our latest analysis for American Homes 4 Rent

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

During the last half decade, American Homes 4 Rent became profitable. That would generally be considered a positive, so we'd expect the share price to be up. Since the company was unprofitable five years ago, but not three years ago, it's worth taking a look at the returns in the last three years, too. Indeed, the American Homes 4 Rent share price has gained 50% in three years. During the same period, EPS grew by 27% each year. This EPS growth is higher than the 14% average annual increase in the share price over the same three years. Therefore, it seems the market has moderated its expectations for growth, somewhat. Of course, with a P/E ratio of 75.83, the market remains optimistic.

The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).

earnings-per-share-growth

It's good to see that there was some significant insider buying in the last three months. That's a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. It might be well worthwhile taking a look at our free report on American Homes 4 Rent's earnings, revenue and cash flow.

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As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for American Homes 4 Rent the TSR over the last 5 years was 77%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!

The total return of 10% received by American Homes 4 Rent shareholders over the last year isn't far from the market return of -12%. Longer term investors wouldn't be so upset, since they would have made 12%, each year, over five years. If the fundamental data remains strong, and the share price is simply down on sentiment, then this could be an opportunity worth investigating. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Like risks, for instance. Every company has them, and we've spotted 4 warning signs for American Homes 4 Rent (of which 1 is potentially serious!) you should know about.

American Homes 4 Rent is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research SessionYoull receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

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Investors in American Homes 4 Rent (NYSE:AMH) have made a favorable return of 77% over the past five years - Yahoo Sports

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Trump and his allies outline the economic case for upending DC bureaucracy – Yahoo Finance

Posted: July 27, 2022 at 11:47 am

Donald Trumps widely expected 2024 campaign which he could formally announce as early as this year appears likely to focus on upending Washington's bureaucracy.

The former president and his allies would put thousands of government employees in their sights who are traditionally insulated from politics. On Tuesday, during a summit in Washington, Trump and his top political allies sketched out an economic component of their attacks on bureaucracy, targeting an old GOP villain: regulations.

Regulations hurt a lot and the regulatory state is one of the reasons the economy has contracted, Larry Kudlow, a former Fox host who worked as director of the National Economic Council in Trumps White House, said during a panel conversation hosted by the Trump-aligned America First Policy Institute.

We need to make it much easier to fire rogue bureaucrats who are deliberately undermining Democracy, Trump added during his speech later in the day, when he strongly implied he would be a candidate in 2024. If those reforms are enacted, Trump vowed, "Washington will be an entirely different place."

Former president Donald Trump speaks during the America First Agenda Summit on July 26 in Washington, DC. (Drew Angerer/Getty Images)

While Republicans have assailed Washington bureaucracy and regulations for generations, the effort this time comes after twin stories from Axios that laid out how far Trump and his allies are preparing to go should voters return them to power.

The articles outlined a plan that if enacted would upend Washington by firing potentially thousands of government employees who are traditionally not replaced after each election cycle.

When taking office, presidents typically have around 4,000 so-called political appointments to make. If Trumps plan came to fruition, that number could balloon to more than 50,000.

Critics say the idea would introduce massive uncertainty into basic government services every time a new president is elected. But Kudlow made the case Tuesday that dramatic actions in 2024 could help spur economic growth.

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He claimed federal regulations now impose a total economic cost of about $2 trillion per year. That's remarkable, he said. It's like strangling enterprise. He said that Biden had run the economy into the ground and "we're either in a recession or at the front end of the recession."

Larry Kudlow, former Director of the National Economic Council, listens from the side of the stage at the America First Policy Institute America First Agenda Summit in Washington on July 26. (REUTERS/Sarah Silbiger)

Also on Tuesdays panel was Rep. Steve Scalise (R-LA). The Republican Whip picked up on Kudlows comments and listed agencies that he said were guilty of regulatory state overreach from the Environmental Protection Agency to the Departments of Energy and the Interior.

The focus on supposed government bloat and regulation which was also a 2016 and 2020 campaign talking point comes even though the Trump administration added billions in government red tape during his time in office, as the American Action Forum reported. Historically, every president ends up adding to government rules while in office, with Democrats adding more than Republicans.

Trump's focus on 2024 and his likely campaign also come as the former president faces legal and other scrutiny from seemingly all directions. He is the focus of probes from federal prosecutors, the attorneys general of both DC and New York, a district attorney in Georgia, the Securities and Exchange Commission, the House Select Committee on the Jan. 6 Capitol attack, and more.

Trump worked his mention of government workers briefly into an otherwise wide-ranging speech Tuesday that was perhaps his most complete articulation of the likely 2024 message to come. He started the speech by focusing on themes of American carnage. At one point, he called the United States "a cesspool of crime under Joe Biden.

He also mocked transgender athletes, attacked the Jan. 6 committee, and covered a wide range of topics during speech, which lasted about 90 minutes. His mention of being able to fire more government employees echoed similar remarks from over the weekend and appears likely to become a staple in the coming months.

"We have to do so much, we need to save our economy and stop the inflation," Trump added Tuesday.

This week's series of speeches during Trumps first visit to Washington D.C. since leaving office came as part of a summit hosted by the Trump-focused think tank formed to promote the former presidents ideas while President Joe Biden is in the White House.

The group portrays itself as a sort of administration in waiting should Trump return to Washington permanently. Headed by Brooke Rollins, the former head of Trumps Domestic Policy Council, it is populated by an array of former Trump officials from Kudlow to Kellyanne Conway.

The bureaucrats and the elites and ideologues and the fanatics who run Washington have diminished a lot of what is best about our country, Rollins said on Tuesday. The calvary is coming.

Ben Werschkul is a writer and producer for Yahoo Finance in Washington, DC.

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Walmart’s earnings whiff ‘humanized’ the toll of inflation, analyst says – Yahoo Finance

Posted: at 11:47 am

Walmart's second earnings warning of 2022 says a great deal about the financial stresses U.S. consumers are increasingly seeing amid sky-high inflation, a bear market in stocks, and lofty gas prices.

The world's largest retailer slashed its second-quarter and full-year profit outlooks late Monday owing to rampant inflation and a consumer retrenchment for discretionary items such as apparel. Walmart now sees full-year earnings tanking 11% to 13% compared to a prior estimate for a 1% drop.

"This pre-release humanized what's happening inside the household in terms of decision-making," Jefferies analyst Stephanie Wissink said on Yahoo Finance Live (video above). "When we see consumers compromising wants to fund their needs because of inflation, that's a real human response."

Walmart shares plunged nearly 8% as of 12:40 p.m. during Tuesday's trading session. The ticker page was the most trafficked on Yahoo Finance, underscoring concerns about what the retailer's commentary means for the economy and markets in the near term.

Walmart isn't alone in experiencing a consumer going into financial preservation mode, and its earnings warning also placed pressure on competitors like Target and vendors in the mold of HanesBrands.

In a pre-announcement of its own, grill-maker Weber said it badly missed second-quarter earnings expectations this week. The quarter was so bad that Weber fired its CEO just like what happened at Gap several weeks ago.

We are taking decisive action to better position Weber to navigate historic macroeconomic challenges, including inflationary and supply chain pressures that are impacting consumer confidence, spending patterns, and margins, Weber's non-executive chair Kelly Rainko said in a statement.

Bath & Body Works also warned last week it would see earnings come in below consensus estimates as consumers reined in their spending.

A customer shops for nutrition products in a Walmart Supercenter on July 08, 2022, in Houston, Texas. (Photo by Brandon Bell/Getty Images)

Walmart's primary rival Target kicked off concerns about the retail sector's health in June with a shocking decision to liquidate massive amounts of slow-moving inventory and take a more cautious view on near-term profits.

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Other retailers such as RH, Bed Bath & Beyond, and Kohl's have issued more cautious outlooks as consumers shift spending away from discretionary categories.

"There is this pivot happening from discretionary and general merchandise into necessities," Wissink said. "The household is having to make discriminate decisions every single week about funding that inflation."

Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.

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Brittney Griner poised to testify in Russian court – Yahoo Sports

Posted: at 11:47 am

After several calm days of her legal team calling character witnesses on her behalf and arguing for a lenient sentence, Brittney Griners next appearance in Russian court is likely to be a bit more intense.

The judge is expected to directly interrogate her on Wednesday, her attorney Maria Blagovolina told Yahoo Sports.

Griner faces up to 10 years in Russian prison after she flew into a Moscow airport in February and Russian customs officials allegedly found vape cartridges containing cannabis oil in her luggage. The WNBA star pleaded guilty in court on July 7, arguing that she did not intend to break the law and that she inadvertently brought the vape cartridges into the country because she packed in a hurry.

Experts anticipate that Griners testimony on Wednesday will echo her guilty plea. In a Russian criminal trial, it is common for both the judge and prosecutor to cross-examine the defendant.

Griner was escorted into court in handcuffs on Tuesday wearing a dark hoodie with the slogan Black lives for peace printed on the back. An Associated Press photographer captured Griner holding up images of supporters from the courtroom cage that is used to hold defendants during Russian criminal trials.

The slow-moving trial continued on Tuesday with Griners legal team summoning a Russian narcology expert. Mikhail Tetyushkin, according to reporters who were present in the courtroom, testified that, while marijuana is illegal in Russia, it is used as a medical treatment for athletes in various countries, including the United States.

Brittney Griner holds images standing in a cage at a court room prior to a hearing, in Khimki just outside Moscow, Russia, Tuesday, July 26, 2022. (AP)

At a previous hearing this month, Griners legal team presented the court with an American doctors letter saying that Griner had been prescribed medical marijuana to help her cope with chronic pain from injuries that she sustained during her basketball career. Defense attorneys have also summoned the team captain and team director from Griners Russian basketball club to vouch for her character.

Tom Firestone, the former resident legal adviser at the U.S. Embassy in Moscow, told Yahoo Sports that Griners legal team is doing the right things under the circumstances but admitted that whether or not it will help is hard to say. Doctors notes and character witnesses may not result in a more lenient sentence for Griner if she is truly more political pawn than criminal defendant.

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Griners trial should be considered entirely theater, said Danielle Gilbert, a Dartmouth University foreign policy fellow who specializes in hostage diplomacy. Gilbert contends that the trial is only about Russias efforts to legitimize holding Griner while Russian officials seek to trade her in a prisoner exchange or for some other concession from the United States.

Griners imprisonment comes at a time of renewed hostility and distrust between the U.S. and Russia. Relations between the two nations are at their lowest point since the Cold War as a result of Russias assault on Ukraine and the U.S. joining Western allies in imposing economic sanctions.

The State Department has declared Griner to be wrongfully detained in Russia since May and has described negotiating a deal to secure her freedom as a top priority. Russian officials have bristled at that classification and have demanded that the U.S. respect the laws of their country.

On July 4, Griner sent President Biden a letter urging him to please dont forget about me and the other American detainees.

Im terrified I might be here forever, she wrote.

Efforts to negotiate Griners release may be complicated by Russias apparent asking price in a potential prisoner exchange. Russian state media outlets have linked Griners case to the fate of notorious Russian arms dealer Viktor Bout, who earned the nickname Merchant of Death after smuggling military-grade weapons to rogue leaders and insurgent groups across Africa and beyond.

Griner's attorneys have said they expect her trial to conclude by early August. Blagovolina told Yahoo Sports that she'll have a better idea when sentencing will occur after Wednesday's hearing.

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