Updated Investment Thesis On GOL Linhas Aereas Inteligentes S.A. (GOL), Bristol-Myers Squibb Company (BMY)

5 analysts out of 10 Wall Street brokerage firms rate GOL Linhas Aereas Inteligentes S.A. (NYSE:GOL) as a Buy, while 0 see it as a Sell. The rest 5 describe it as a Hold. GOL stock traded higher to an intra-day high of $14.49. At one point in session, its potential discontinued and the price was down to lows at $13.875. Analysts have set GOL’s consensus price at $17.23, effectively giving it a 23.6% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $19 (up 36.3% from current price levels). GOL has a 24.2% ROE, higher than the 13.19% average for the industry. The average ROE for the sector is 12.15%.

Yearly earnings are expected to rise by 464.29% to about $0.51. As for the coming year, growth will be about -70.59%, lifting earnings to $0.15. RSI after the last trading period was 46.31. GOL recorded a change of 0.29% over the past week and returned 30.4% over the last three months while the GOL stock’s monthly performance revealed a shift in price of -9.13%. The year to date (YTD) performance stands at 2.88%, and the bi-yearly performance specified an activity trend of 198.5% while the shares have moved 5.77% for the past 12 months.

GOL Linhas Aereas Inteligentes S.A. (GOL) currently trades at $13.94, which is lower by -3.13% its previous price. It has a total of 131.19 million outstanding shares, with an ATR of around 0.64. The company’s stock volume dropped to 1.24 million, worse than 623.11 thousands that represents its 50-day average. A 5-day increase of about 0.29% in its price means GOL is now 2.88% higher on year-to-date. The shares have surrendered $43343.06 since its $15.65 52-week high price recorded on 15th of February 2019. Overall, it has seen a growth rate of 5.77 over the last 12 months. The current price per share is $9.51 above the 52 week low of $4.43 set on 14th of September 2018.

GOL Linhas Aereas Inteligentes S.A. (NYSE:GOL)’s EPS was $0.01 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.01. That means that its growth in general now stands at 0%. Therefore, a prediction of $0.6 given by the analysts brought a negative surprise of -98%. GOL Dec 19 quarter revenue was $736.4 million, compared to $916.49 million recorded in same quarter last year, giving it a -20% growth rate. The company’s $-180.09 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Bristol-Myers Squibb Company (NYSE:BMY) shares depreciated -2.12% over the last trading period, taking overall 5-day performance up to -3.15%. BMY’s price now at $49.89 is weaker than the 50-day average of $50.07. Getting the trading period increased to 200 days, the stock price was seen at $54.57 on average. The general public currently hold control of a total of 1.63 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 1.64 billion. The company’s management holds a total of 0.1%, while institutional investors hold about 75.5% of the remaining shares. BMY share price finished last trade -3.01% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -8.6%, while closing the session with -0.44% distance from 50 day simple moving average.

Bristol-Myers Squibb Company (BMY) shares were last observed trading -26.02% down since March 16, 2018 when the peak of $67.44 was hit. Last month’s price growth of 0.36% puts BMY performance for the year now at -4.02%. Consequently, the shares price is trending higher by 12.62%, a 52-week worst price since Jan. 03, 2019. However, it is losing value with -17.52% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $47.52 and $48.71. The immediate resistance area is now $51.16 Williams’s %R (14) for BMY moved to 80.32 while the stochastic %K points at 17.47.

BMY’s beta is 0.8; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $3.04 per share from its yearly profit to its outstanding shares. Its last reported revenue is $5.97 billion, which was 10% versus $5.45 billion in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.94 compared to $0.68 in the year-ago quarter and had represented 38% year-over-year earnings per share growth. BMY’s ROA is 14.6%, higher than the 10.98% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.6%.