Zacks Analyst Blog Highlights Mastercard, Wells Fargo, United Parcel Service, Intuit, and EOG Resources

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Chicago, IL – March 3, 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: Mastercard Inc. MA, Wells Fargo & Co. WFC, United Parcel Service, Inc. UPS, Intuit Inc. INTU and EOG Resources, Inc. EOG.

Here are highlights from Wednesday’s analyst blog:

Best inventory reports for Mastercard, Wells Fargo and UPS

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 Mastercard Inc., Wells Fargo & Co. and United Parcel Service, Inc. These research reports have been handpicked from over 70 reports released by our analyst team today.

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

Shares of MasterCard have outperformed the Zacks financial transaction services sector over the past six months (+1.3% vs -21.6%). The Zacks analyst believes the company’s profit levels are rising thanks to increased consumer spending. This helped the company report strong fourth quarter results.

Numerous acquisitions help it develop addressable markets and generate new revenue streams. The COVID-19 crisis has accelerated the use of electronic payments with much greater adoption of digital and contactless solutions. The situation presents an opportunity for Mastercard’s business to accelerate its transition to digital mode.

The company is well positioned to take advantage of stable cash generation capabilities. A strong capital position allows the company to pursue acquisitions and deploy capital. However, high operating costs could weigh on margins. High discounts and incentives can weigh on bottom line.

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

Shares of Wells Fargo have outperformed the industry Zacks Banks – Major Regional over the past year (+33.4% vs. +4.4%). The company’s surprise story is impressive, with earnings beating Zacks’ consensus estimate for the past four quarters. The Zacks analyst believes the growing deposit balance, driven by encouraging economic trends, is bolstering the company’s liquidity position.

Given its strong financial position, the company’s capital deployment activities appear sustainable. Improving credit quality is a tailwind. Still, the loss of revenue from portfolio sales remains a concern. Nonetheless, progress on efficiency initiatives has propelled expense control and savings. This is expected to continually help Well Fargo’s bottom line.

(You can read the full Wells Fargo research report here >>>)

Shares of United Parcel Service outperformed the Zacks Transportation – Air Cargo and Freight industry over the past year (+28.2% vs. +6.6%). The Zacks analyst believes that similar to the first three quarters of 2021, upbeat demand for e-commerce related package deliveries helped UPS results in the fourth quarter of 2021.

UPS’s efforts to reward its shareholders are also commendable. In the latest shareholder-friendly decision, the UPS board of directors approved a quarterly dividend increase of 49% to $1.52 per share (annualized: $6.08) in February. In 2021, UPS paid dividends worth $3.4 billion. UPS is also active on the buyout front. The company’s robust free cash flow generation ($10.9 billion in 2021, more than double 2020 actuals) is supporting its shareholder-friendly business.

However, high operating costs (up 9.7% in 2021) hurt the bottom line. With the price of oil moving north, fuel costs (up 48.9% in 2021) are rising and driving up total costs.

(You can read the full United Parcel Service research report here >>>)

Other noteworthy reports we feature today include Intuit Inc. and EOG Resources, 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. To visit https://www.zacks.com/performance for more information on the performance figures displayed in this press release.

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Click to get this free report

Wells Fargo & Company (WFC): Free Inventory Analysis Report

Mastercard Incorporated (MA): Free Inventory Analysis Report

United Parcel Service, Inc. (UPS): Free Inventory Analysis Report

EOG Resources, Inc. (EOG): Free Stock Analysis Report

Intuit Inc. (INTU): Free Inventory 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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