Undervalued Stock Blog

Undervalued-Stock.com issues BUY rating for Exxon Mobil Corp (XOM)

2011-12-14T17:51:26Z

Exxon Mobil Corp
Energy : Oil& Gas - Integrated

Undervalued-Stock.com issues a BUY rating for one or more of the following reasons:

earning history is stable
Price to earnings (P/E, PE) ratio is below its average PE ratio for the last 10 years
selling at a price below its book value
trailing 3-years earnings have risen over the past 10 years
credit rating is AAA, AA, or A
did not have a loss during the last recession
Price to book ratio is below its historical average
long term earnings growth increase
strong competitive position
successful business execution
business type and size

STOCK RESEARCH

[2010 ANNUAL REPORT (10-K) EXCERPT]

Exxon Mobil Corporation was incorporated in the State of New Jersey in 1882. Divisions and affiliated companies of ExxonMobil operate or market products in the United States and most other countries of the world. Their principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. ExxonMobil is a major manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. ExxonMobil also has interests in electric power generation facilities. Affiliates of ExxonMobil conduct extensive research programs in support of these businesses.

Exxon Mobil Corporation has several divisions and hundreds of affiliates, many with names that include ExxonMobil, Exxon, Esso or Mobil. For convenience and simplicity, in this report the terms ExxonMobil, Exxon, Esso and Mobil, as well as terms like Corporation, Company, our, we and its, are sometimes used as abbreviated references to specific affiliates or groups of affiliates. The precise meaning depends on the context in question.

On June 25, 2010, ExxonMobil acquired XTO Energy Inc. (“XTO”) by merging a wholly-owned subsidiary of ExxonMobil with and into XTO (the “merger”), with XTO continuing as the surviving corporation and a wholly-owned subsidiary of ExxonMobil. Each share of XTO common stock was converted into the right to receive 0.7098 shares of common stock of ExxonMobil plus cash in lieu of fractional shares. The merger combines XTO’s high-quality unconventional gas and oil shale reserve base and technical expertise in unconventional development with ExxonMobil’s research and development expertise, project management and operational skill, global scale, and financial capacity. Details of the merger transactions are contained in the Financial Section of this report under the following: “Note 19: Acquisition of XTO Energy Inc.”

Throughout ExxonMobil’s businesses, new and ongoing measures are taken to prevent and minimize the impact of our operations on air, water and ground. These include a significant investment in refining infrastructure and technology to manufacture clean fuels as well as projects to monitor and reduce nitrogen oxide, sulfur oxide, and greenhouse gas emissions and expenditures for asset retirement obligations. ExxonMobil’s 2010 worldwide environmental expenditures for all such preventative and remediation steps, including ExxonMobil’s share of equity company expenditures, were about $4.5 billion, of which $1.9 billion were capital expenditures and $2.6 billion were included in expenses. The total cost for such activities is expected to remain in this range in 2011 and 2012 (with capital expenditures approximately 40 percent of the total).

The energy and petrochemical industries are highly competitive. There is competition within the industries and also with other industries in supplying the energy, fuel and chemical needs of both industrial and individual consumers. The Corporation competes with other firms in the sale or purchase of needed goods and services in many national and international markets and employs all methods of competition which are lawful and appropriate for such purposes.

Operating data and industry segment information for the Corporation are contained in the Financial Section of this report under the following: “Quarterly Information”, “Note 17: Disclosures about Segments and Related Information” and “Operating Summary”. Information on oil and gas reserves is contained in the “Oil and Gas Reserves” part of the “Supplemental Information on Oil and Gas Exploration and Production Activities” portion of the Financial Section of this report.

ExxonMobil has a long-standing commitment to the development of proprietary technology. We have a wide array of research programs designed to meet the needs identified in each of our business

Item 6. Selected Financial Data.


	Years Ended December 31,
	2010⁽¹⁾		2009		2008		2007		2006
	(millions of dollars, except per share amounts)

Sales and other operating revenue ⁽²⁾	$	370,125	$	301,500	$	459,579	$	390,328	$	365,467
(2) Sales-based taxes included.	$	28,547	$	25,936	$	34,508	$	31,728	$	30,381

Net income attributable to ExxonMobil	$	30,460	$	19,280	$	45,220	$	40,610	$	39,500

Earnings per common share	$	6.24	$	3.99	$	8.70	$	7.31	$	6.64

Earnings per common share - assuming dilution	$	6.22	$	3.98	$	8.66	$	7.26	$	6.60

Cash dividends per common share	$	1.74	$	1.66	$	1.55	$	1.37	$	1.28

Total assets	$	302,510	$	233,323	$	228,052	$	242,082	$	219,015

Long-term debt	$	12,227	$	7,129	$	7,025	$	7,183	$	6,645

Undervalued-Stock.com issues BUY rating for Sysco Corp (SYY $26.70)

2011-09-12T17:32:12Z

Undervalued-Stock.com issues BUY rating for Sysco Corp (SYY $26.70)

Undervalued-Stock.com stock ratings use the following factors:

a stable earnings history
price to earnings (P/E) ratio is below 10-year average
earnings growth over the past 10 years
credit rating
recession performance
price to book ratio is below historical average
competitive position
market share
successful business executions
business type and size

Sysco Corp (SYY $26.70) reported 4th quarter 2011 earnings of $0.57 per share on August 15, 2011.

Sysco Corporation (SYY) is the global leader in marketing and distributing food products to restaurants, healthcare and educational facilities, hotels and inns, and other foodservice and hospitality businesses. The company is headquartered in the Energy Corridor district of Houston, Texas. Sysco, an acronym for Systems and Services Company, servicing over 400,000 customers which include a wide array of clientele, is the world's largest broadline food distributor. Management consulting is also an integral part of their services. As of July 2, 2005, the company operated 170 facilities throughout the United States and Canada. Most recently, Sysco expanded its operation into Ireland with the purchase of a local food distribution firm. The company was founded by Herbert Irving and John F. Baugh in 1969. The company became public on March 3, 1970. On July 20, 2009, Fortune magazine ranked Sysco #204 in the annual Fortune 500 companies in world based on sales volume. On May 3, 2010, Fortune Magazine ranked Sysco as the 7th largest Fortune 500 Company in Texas and 55th largest in the US by total revenue. Sysco competes with national distributors U.S. Foodservice, Performance Food Group, and Edward Don and Company, as well as regional companies such as Gordon Food Service, Ben E. Keith, Maines Food and Paper, and local foodservice distributors. Sysco is also the largest non-oil related company in Houston and the 3rd largest non-oil related company in Texas (Behind AT&T and Dell). Source: Wikipedia

ANNUAL REPORT (10-K) EXCERPT

Overview

Sysco Corporation, acting through its subsidiaries and divisions, is the largest North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. We provide products and related services to approximately 400,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers.

Founded in 1969, Sysco commenced operations as a public company in March 1970 when the stockholders of nine companies exchanged their stock for Sysco common stock. Since our formation, we have grown from $115.0 million to $39.3 billion in annual sales, both through internal expansion of existing operations and through acquisitions.

Item 6.

Selected Financial Data


	Fiscal Year
				2010
	2011			(53 Weeks)			2009			2008			2007
	(In thousands except for per share data)

Sales	$	39,323,489		$	37,243,495		$	36,853,330		$	37,522,111		$	35,042,075

Operating income		1,931,502			1,975,868			1,872,211			1,879,949			1,708,482

Earnings before income taxes		1,827,454			1,849,589			1,770,834			1,791,338			1,621,215
Income taxes		675,424			669,606			714,886			685,187			620,139

Net earnings	$	1,152,030		$	1,179,983		$	1,055,948		$	1,106,151		$	1,001,076


Net earnings:
Basic earnings per share	$	1.96		$	1.99		$	1.77		$	1.83		$	1.62
Diluted earnings per share		1.96			1.99			1.77			1.81			1.60

Dividends declared per share	$	1.03		$	0.99		$	0.94		$	0.85		$	0.74

Total assets	$	11,385,555		$	10,313,701		$	10,148,186		$	10,010,615		$	9,475,365
Capital expenditures		636,442			594,604			464,561			515,963			603,242

Current maturities of long-term debt	$	207,031		$	7,970		$	9,163		$	4,896		$	3,568
Long-term debt		2,279,517			2,472,662			2,467,486			1,975,435			1,758,227

Total long-term debt		2,486,548			2,480,632			2,476,649			1,980,331			1,761,795
Shareholders’ equity		4,705,242			3,827,526			3,449,702			3,408,986			3,278,400

Total capitalization	$	7,191,790		$	6,308,158		$	5,926,351		$	5,389,317		$	5,040,195

Ratio of long-term debt to capitalization		34.6	%		39.3	%		41.8	%		36.8	%		35.0	%

Stock to Buy: Target Corp (TGT $49.34)

2011-09-07T16:50:48Z

Target Corp (TGT $49.34) reported 2nd quarter 2012 earnings of $1.03 per share on August 17, 2011. Undervalued-Stock.com issues buy rating.

Target Corporation, doing business as Target, is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart. The company is ranked at number 30 on the Fortune 500 as of 2010 and is a component of the Standard & Poor's 500 index. Its bullseye trademark is licensed to Wesfarmers, owners of the separate Target Australia chain. Unknown to many, Target Furniture is an official Target store. The company was founded in 1902 as the Dayton Dry Goods Company, though its first Target store was opened in 1962 in nearby Roseville, Minnesota. Target grew and eventually became the largest division of Dayton Hudson Corporation, culminating in the company being renamed as Target Corporation in August 2000. On January 13, 2011, Target announced its expansion into Canada. Target will operate 100 to 150 stores in Canada by 2013, through its purchase of leaseholds from the Canadian chain Zellers. Source: Wikipedia

Undervalued-Stock.com stock ratings use the following factors:

a stable earnings history
price to earnings (P/E) ratio is below 10-year average
earnings growth over the past 10 years
credit rating
recession performance
price to book ratio is below historical average
competitive position
market share
successful business executions
business type and size

CISCO SYSTEMS, INC. stock selling near 52-week low

2011-06-14T16:55:06Z

CISCO SYSTEMS, INC. stock selling near 52-week low

Cisco Systems, Inc. (NASDAQ: CSCO, SEHK: 4333) is an American-based multinational corporation that designs and sells consumer electronics, networking, voice, and communications technology and services. Headquartered in San Jose, California, Cisco has more than 70,714 employees and annual revenue of US$ 40.0 billion as of 2010. The stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ 100 Index and the Russell 1000 Growth Stock Index.^[4] By most measures (e.g., revenue, market capitalization, number of employees) Cisco is one of the world's biggest technology corporations.

WAL-MART STORES, INC. ANNUAL REPORT 2010

2011-06-08T17:12:40Z

WAL-MART STORES, INC. ANNUAL REPORT 2010