Zacks Analyst Blog Features Citigroup, Prologis, Automatic Data Processing, Keurig Dr Pepper and CrowdStrike Holdings

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Chicago, IL – June 8, 2022 – Zacks.com announces the list of stocks featured in the analyst blog. Every day, Zacks Equity Research analysts discuss the latest news and events impacting stocks and financial markets. Stocks recently featured in the blog include: Citigroup Inc. C, Prologis, Inc. PLD, Automatic Data Processing, Inc. ADP, Keurig Dr Pepper Inc. KDP and CrowdStrike Holdings, Inc. CRWD

Here are the highlights from Tuesday’s analyst blog:

Main stock market reports for Citigroup, Prologis and ADP

Zacks Research Daily features top research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Citigroup Inc., Prologis, Inc. and Automatic Data Processing, Inc. These research reports have been handpicked from the approximately 70 reports published by our team of analysts today.

You can see all today’s research reports here >>>

Citigroup shares were down -13.6% year-to-date compared to the -13.1% decline in the industry Zacks Banks – Major Regional, reflecting the numerous investigations and lawsuits as well as the uncertainty surrounding the recovery plans of the new management team.

However, as the company is making progress in its strategy to exit the consumer banking business in 14 international markets, Citigroup has completed the sale of its Australian consumer business to National Australia Bank Limited (“NAB”). It targets a return on average tangible common equity (RoTCE) of 11-12% over the next three to five years. Additionally, net interest income growth, decent liquidity and capital deployment plans are positive.

(You can read the full Citigroup research report here >>>)

Prologis stocks have outperformed Zacks REIT and Equity Trust – Other Industry over the past year (+4.6% vs -2.8%). The Zacks analyst believes the company has the ability to offer high-quality facilities in key markets and, with its strong balance sheet, is well positioned to capitalize on favorable trends in the real estate industry industrial. Along with the rapid adoption of e-commerce, this asset class is poised to benefit from a likely rise in inventory levels.

However, the increase in the supply of industrial real estate in several markets could fuel competition and curb pricing power. Additionally, stabilizing e-commerce sales growth is a concern for rental rate growth.

(You can read the full Prologis research report here >>>)

ADP shares have outperformed outsourcing industry Zacks over the past year (+11.7% vs. +10.5%). The Zacks analyst believes the company continues to enjoy a dominant position in the human capital management market through strategic buyouts such as Celergo, WorkMarket, Global Cash Card and The Marcus Buckingham Company. It has a solid business model, high recurring revenue, good margins, strong customer loyalty and low capital expenditures. In addition, it continues to innovate, improve its operations and invest in its ongoing transformation efforts.

However, ADP faces significant competition in each of its product lines. Failure to stay technologically up-to-date could reduce demand for its solutions and services. Rising expenses due to investments in transformation efforts remain a concern. The high level of debt remains a concern.

(You can read the full ADP research report here >>>)

Other noteworthy reports we feature today include Keurig Dr Pepper Inc. and CrowdStrike Holdings, Inc..

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Past performance is not indicative of future results. The potential for loss is inherent in any investment. This document is provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold any security. No recommendation or advice is given as to whether any investment is suitable for any particular investor. It should not be assumed that investments in the securities, companies, sectors or markets identified and described have been or will be profitable. All information is current as of the date hereof and is subject to change without notice. The views or opinions expressed may not reflect those of the company as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management of securities. These returns come from hypothetical portfolios composed of stocks with Zacks Rank = 1 that have been rebalanced monthly without transaction fees. These are not the returns of actual stock portfolios. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for more information on the performance figures displayed in this press release

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Citigroup Inc. (C): Free Stock Analysis Report

Automatic Data Processing, Inc. (ADP): Free Inventory Analysis Report

Prologis, Inc. (PLD): Free Stock Analysis Report

Keurig Dr Pepper, Inc (KDP): Free Stock Analysis Report

CrowdStrike (CRWD): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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