Netflix (NFLX: $146)
Bull Market Report Target Price: $165
Bull Market Report Sell Price: $125
Earnings Date: Monday, 3:00 PM ET
Consensus: 1Q17
Revenues: $2.6B
EPS: $0.37
Year Ago Quarter Results
Revenues: $2.0B
EPS: $0.06
Key Things to Watch For in the Quarter
Wall Street analysts estimate that for 1Q17, Netflix will report healthy revenue growth at 35% to $2.64 billion and strong EPS growth of 517% to $0.37, although the percentage number is misleading since their last quarter was so tiny.  Netflix beat analyst estimates in all 4 quarters of 2017. The stock reflected this success, climbing 32% over the past year. Despite beating estimates in the first two quarters of 2016, the stock fell over 10% following the earnings releases primarily due to skepticism of the firm’s ability to expand overseas memberships. However, the stock made up for these losses upon the release of 3Q16 earnings when it climbed 25%. As Netflix continues to produce positive growth numbers and expand its business abroad, we look forward to watching the price climb towards our $165 target.
Kinder Morgan (KMI: $21)
Bull Market Report Target Price: $27
Bull Market Report Sell Price: $18
Earnings Date: Wednesday, 4:30 PM ET
Consensus: 2Q17
Revenues: $3.4B
EPS: $0.18
Year Ago Quarter Results
Revenues: $3.2B
EPS: $0.18
Key Things to Watch For in the Quarter
Analyst estimates suggest that Kinder Morgan will report a 5% increase in sales to $3.35 billion and no change in EPS for 1Q17. Kinder Morgan missed analyst estimates this quarter last year, but made up for it in the last three quarters of 2016. Shares dropped 5% in the week following the firm’s release of 1Q16 earnings, however it has since made up for this small loss providing investors with a 15% return over the past year. The company has made significant progress on a number of growth projects, especially its Trans Mountain Expansion Project, which had faced pushback from environmentalists.
Kinder Morgan is one of the largest energy infrastructure companies in North America. It owns an interest in or operates approximately 84,000 miles of pipelines and 155 terminals. KMI’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle products such as steel, coal and petroleum coke. It is also a leading producer of CO2 that is used for enhanced oil recovery projects primarily in the Permian basin.
Blackstone Group (BX: $29)
Bull Market Report Target Price: $36
Bull Market Report Sell Price: We would not sell Blackstone
Earnings Date: Thursday, 11:00 AM ET
Consensus: 1Q17
Revenues: $1.7B
EPS: $0.67
Year Ago Quarter Results
Revenues: $930 M
EPS: $0.31
Key Things to Watch For in the Quarter
Analysts across Wall Street expect Blackstone Group to report revenue growth of 80% to $1.7 billion and 115% growth in EPS to $0.67. The firm has beaten analyst estimates in the past 3 quarters. Share prices in the weeks following the earnings release of Q1-Q4 of 2016 reflected the company’s ability to meet analyst expectations. It’s a bit volatile after earnings releases, as in all four events, shares either climbed or dropped at least 5%. In a recent interview with CNBC, Blackstone CEO Steve Schwartzman mentioned that the firm is in advanced talks to acquire Ascend Learning, a U.S. maker of educational software, in an attempt to capitalize on the increased use of technology in American classrooms. The stock has remained relatively unchanged over the past year, but continues to provide a healthy dividend at over 5%, making it an attractive investment for dividend-seeking investors.
Visa (V: $89)
Bull Market Report Target Price: $95
Bull Market Report Sell Price: We would not sell Visa
Earnings Date: Thursday, 5:00 PM ET
Consensus: 2Q17
Revenues: $4.3B
EPS: $0.79
Year Ago Quarter Results
Revenues: $3.6B
EPS: $0.68
Key Things to Watch For in the Quarter
Analysts expect Visa will report modest growth in both earnings and revenue for 1Q17. Earnings are estimated to grow 16% to $0.79 and revenue 19% to $4.3 billion. The stock has reflected the company’s ability to beat analyst estimates throughout all of 2016 having climbed 9% over the past year. Visa leads the payment processing industry and still finds room to grow primarily because it has no direct competition within its market. Analysts expect international transaction revenues to be the engine of growth for a number of reasons, including international tourism growth. We look forward to resetting our $95 price target as the stock continues to appreciate.