Zacks Analyst Blog Highlights PepsiCo, T-Mobile US, BlackRock, Automatic Data Processing and Block

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Chicago, IL – April 5, 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: PepsiCo, Inc. PEP, T-Mobile US, Inc. TMUS, BlackRock, Inc. (BLK), Automatic Data Processing, Inc. ADP and Block, Inc. SQ.

Here are the highlights from Monday’s analyst blog:

Top research reports for PepsiCo, T-Mobile and BlackRock

Zacks Research Daily features the best research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including PepsiCo Inc., T-Mobile US, Inc. and BlackRock, 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 PepsiCo outperformed the soft drink industry Zacks Beverages over the past one-year period (+21.9% vs. +16.7%) on the back of strong operational performance, as evidenced by the recent quarterly report when growth volumes and the strength of the price/mix ratio led to an outperformance . Earnings were in line with estimates and improved year over year.

The company also benefits from investments in brands, go-to-market systems, supply chains, manufacturing capacity and digital capabilities to create competitive advantages. It also benefits from the resilience and strength of global convenience food and beverage companies.

In 2022, it expects to maintain the strength and momentum seen in 2021. However, PepsiCo experienced margin pressures in the fourth quarter of 2021 due to the effects of supply chain disruptions and the negative effects of inflation in the cost of labour, transport and raw materials.

(You can read the full research report on PepsiCo here >>>)

Shares of T-Mobile have outperformed the Zacks Wireless National industry year-to-date (+12.7% vs. +3.7%). The company continues to expand its 5G network to deliver fast and affordable service nationwide. He announced a series of steps to accelerate 5G developer innovation. Initiatives include a new developer platform, innovation hub, venture capital investments, T-Mobile Accelerator participants, and 5G partnerships with Disney and Red Bull.

The Zacks analyst believes that dubbed 5G Forward, these moves will strengthen the 5G innovation ecosystem and help creators build the future of 5G. T-Mobile’s commitment to building the world’s best nationwide 5G network has the potential to bring superfast speeds to urban and rural areas.

However, it operates in a fiercely competitive and nearly saturated U.S. telecommunications market. Low-cost plans for consumers and small businesses did not improve the bottom line. Promotional activities aimed at attracting rivals’ customers have hurt its profitability.

(You can read the full T-Mobile research report here >>>)

Shares of black rock outperformed the Zacks Financial – Investment Management sector over the past year (+0.2% vs -9.7%). The Zacks analyst believes the company has an impressive track record of earnings surprises. Its earnings have exceeded Zacks’ consensus estimate in each of the past four quarters.

Supported by a solid liquidity position, BlackRock continues its efforts to restructure the equity business. This, coupled with strategic acquisitions, will likely continue to contribute to revenue growth and expand its market share and footprint globally. The steady improvement in the balance of assets under management (AUM) will probably further support the turnover.

Its capital deployment activities appear to be sustainable, through which it will continue to build shareholder value. However, high expenses (due to higher administrative costs) could hurt profits to some extent. The company’s heavy reliance on foreign revenue is another concern.

(You can read the full research report on BlackRock here >>>)

Other noteworthy reports we’re featuring today include Automatic Data Processing, Inc. and Block, 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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Automatic Data Processing, Inc. (ADP): Free Inventory Analysis Report

PepsiCo, Inc. (PEP): Free Stock Analysis Report

TMobile US, Inc. (TMUS): Free Stock Analysis Report

Block, Inc. (SQ): 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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