Welcome!

News Feed Item

The Zacks Analyst Blog Highlights:Netflix, Amazon.com, Comcast, Time Warner Cable and JTH Holding

CHICAGO, March 21, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Netflix Inc. (Nasdaq:NFLX-Free Report), Amazon.com Inc. (Nasdaq:AMZN-Free Report), Comcast Corp. (Nasdaq:CMCSA-Free Report), Time Warner Cable Inc. (NYSE:TWC-Free Report) and JTH Holding, Inc. (Nasdaq:TAX-Free Report).

Zacks Investment Research, Inc., www.zacks.com.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday's Analyst Blog:

Distressing Times for U.S. Pay-TV Industry

Research firm SNL Kagan recently reported that for the first time in history, the U.S. pay-TV market witnessed net subscriber loss in 2013. The U.S. pay-TV market comprises three types of service providers: cable MSOs (multi-service operators), satellite TV operators and fiber-based telecom operators.

Though the cable TV operators were facing severe competitive brunt for a long time, net subscriber gain by the satellite TV and telecom operators were more than offsetting those losses. However, the situation took a complete downturn in 2013.

In 2013, the U.S. pay-TV industry lost 251,000 subscribers despite gaining net 40,000 subscribers in the fourth quarter. The primary reason for this dismal situation is the availability of low-priced online video-streaming services offered by Netflix Inc. (Nasdaq:NFLX-Free Report), Amazon.com Inc. (Nasdaq:AMZN-Free Report) and Hulu.

In order to survive the competition, attaining scale, productivity and effective cost management become essential for the pay-TV operators. This might have led to the proposed merger nation's two largest cable TV operators, namely, Comcast Corp. (Nasdaq:CMCSA-Free Report) and Time Warner Cable Inc. (NYSE:TWC-Free Report). The proposed deal is currently awaiting regulatory approval.

According to SNL Kagan, in 2013, the cable TV operators lost nearly 2 million video subscribers including 388,000 in the fourth quarter alone. Currently, cable MSOs together provide video services to approximately 54.4 million customers in the U.S., commanding a market size of 54%.

Satellite TV operators also facing tough times, but are still adding subscribers. In 2013, satellite TV operators gained 170,000 subscribers compared with 288,000 in 2012. Currently, satellite TV operators provide video services to around 34.3 million customers in the U.S., commanding a market size of 34%.  

On the other hand, telecom operators, which provide fiber-based high-speed video services, are gradually gaining popularity. In 2013, telecom operators registered a net 1.5 million video customers compared with 1.3 million in 2012. Currently, telecom operators provide video services to over 11 million customers, holding nearly 11% of the total market.

Internal dynamics of the pay-TV market are slowly shifting toward fiber-based video offerings of large telecom and satellite TV operators. Moreover, the strong presence of online video streaming providers is posing significant threat to the existing pay-TV business model. Video offering is the core business area of the cable TV operators, which is slipping out of their hands.

JTH Holding Upped to Strong Buy

On Mar 19, Zacks Investment Research upgraded Liberty Tax Service's parent company, JTH Holding, Inc. (Nasdaq:TAX-Free Report) to a Zacks Rank #1 (Strong Buy). Estimates have been rising ever since the company reported strong third-quarter fiscal 2014 results.

Why the Upgrade?

JTH Holding posted strong third-quarter fiscal 2014 (ending Jan 31) on Mar 13. The results included a substantial positive earnings surprise of 4.8%. Following the earnings release, shares of this property and casualty insurer gained nearly 0.9% to close at $27.05 on Mar 19.

JTH Holding's third-quarter fiscal 2014 net income of 28 cents per share was significantly better than 12 cents earned in the year-ago period. The result also exceeded the Zacks Consensus Estimate of 8 cents per share.

Bottom-line growth was largely attributable to increased market share and focus on JTH Holding's high performers.

Moreover, JTH Holding's total revenue amounted to $40.7 million during the reported quarter, escalating 8.3% year over year. The increase in revenues was attributable to higher royalties and advertising fees, financial products and tax preparation fees. These were driven by increased returns and average net fees.

Additionally, total long-term debt amounted to $22 million at the end of third-quarter fiscal 2014, reflecting an improvement from $24.3 million at fiscal 2013-end.

Also, the company is witnessing rising earnings estimates following its strong financial results. The Zacks Consensus Estimate for 2015 has increased 5.6% year over year to $1.90 per share. For 2014, the Zacks Consensus Estimate is currently pegged at $1.60 per share.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on NFLX - FREE

Get the full Report on AMZN - FREE

Get the full Report on CMCSA - FREE

Get the full Report on TWC - FREE

Get the full Report on TAX - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
[email protected]
http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.