|By PR Newswire||
|March 21, 2014 09:30 AM EDT||
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 Xerox Corporation (NYSE:XRX-Free Report), Siemens AG (NYSE:SI-Free Report), General Electric Co. (NYSE:GE-Free Report), 3M Co. (NYSE:MMM-Free Report) and Raven Industries Inc. (Nasdaq:RAVN-Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday's Analyst Blog:
Analytics: A Shot in the Arm for Healthcare
Never mind the political push-back against the Affordable Care Act (ACA), aka Obamacare, it is steadily proving to be a blessing in disguise for healthcare analytics. Traditionally laggards in implementing information technology (IT) solutions, healthcare companies are now scrambling to incorporate analytics as Obamacare induces a complete rethink of the way the industry operates.
Healthcare expenditures per capita in the U.S., presently 2.4 times higher than that of other developed countries, are estimated to increase 67.9% over the next decade. U.S. healthcare spending is billed at over $2.6 trillion annually. More than half of that is reportedly being wasted, primarily due to unnecessary hospitalizations, redundant tests, operational inefficiency and excessive end-of-life care.
Healthcare organizations today are forced by competitive pressures to provide more cost-efficient, patient-centric outcomes. Increasing regulatory oversight places further focus on accountability in the industry. The cost dynamics of the healthcare industry are gradually shifting, driven by rising incidents of chronic illnesses, infectious diseases and increasing life expectancy. These cumulative factors indicate an urgent need for improved perception of underlying trends, thus forging a path to differentiation.
With healthcare dynamics undergoing a massive transformation, the industry seems to be on the brink of a strategic shift in operations. The survival strategy is likely to be a seamless transition to an efficient, data-based system increasingly driven by value rather than volume. Analytics seems to be the silver lining for the daunting challenges facing the healthcare industry.
Healthcare Analytics to the Rescue
In a world of entrenched inefficiencies and suboptimal clinical outcomes, analytics has the power to pivot and transform the healthcare industry. The sheer abundance of data that overwhelms healthcare companies makes a compelling case for integrating advanced analytics to unlock and apply new insights from available information.
At present, descriptive analytics are extensively used as reporting tools. Descriptive analytics encompasses data visualization, standardized reporting and historic trend analysis. Healthcare companies also need to exploit the dimensions of simulation and scenario analysis to capitalize on information insights, cost efficiencies and thereby achieve targeted revenue growth.
Companies like Xerox Corporation (NYSE:XRX-Free Report) andSiemens AG (NYSE:SI-Free Report) early-on realized that data, predictive analytics and modeling could be a significant part of the answer to spiraling costs and eroding quality of healthcare. Siemens' wide portfolio of performance-driven diagnostics IT solutions provides effective support in diagnosing, monitoring and managing diseases, while its healthcare analytics integrates patient data across the care continuum from prevention and early detection to diagnosis, treatment and aftercare. Xerox, a veteran in text-mining and technology, has been applying healthcare analytics tools for over a decade, winning more that $200 million worth of IT contracts since the ACA was passed.
Even diversified conglomerates like General Electric Co. (NYSE:GE-Free Report) and 3M Co. (NYSE:MMM-Free Report) are striving to find pockets of strength amid industry upheaval as evidenced by their recent acquisitions.
GE Healthcare recently bought healthcare workforce analytics firm API Healthcare in order to expand its current Hospital Operations Management (HOM) portfolio, which gives hospitals real-time access to operational data. In order to reduce costs and improve productivity, GE Healthcare intends to optimize asset utilization and workforce alignment, as well as eliminate patient flow bottlenecks. With this acquisition, GE Healthcare is likely to trim hospital operations costs with a mix of real-time data, software, powerful analytics and professional services.
In Feb 2014, 3M acquired leading healthcare data analytics and business intelligence provider, Treo Solutions, to facilitate customers' access to better, more comprehensive data across the spectrum of patient care. The acquisition is purported to extend real-time data analytics and payment redesign globally. 3M Healthcare delivers intelligent software and consulting services that are used to compile, classify, and analyze health information. The acquisition is expected to expand its horizons and unlock additional value.
Analytics can thus be used to build multidimensional predictive models, reduce costs, improve outcomes and empower patients. With access to better healthcare facilities, aligning pay with performance and trimming costs, analytics holds the power to put healthcare companies back on a strong growth trajectory.
However, the wealth of information that bombards healthcare companies both facilitates and complicates the ability to achieve and influence desirable outcomes. The sheer magnitude of data makes it progressively difficult to differentiate between critical data and clutter. The data paradox – a dilemma presented by too much data and too little insight – is an overwhelming obstacle to creating effective analytics strategies.
Other roadblocks for adoption of analytics include qualms about the quality and integrity of data, ownership of the data and a culture that does not encourage information sharing.
From a traditional base of transaction monitoring using basic reporting tools and spreadsheets, healthcare analytics is steadily progressing toward predictive analytics, which predicts future activities and model scenarios using simulation and forecasting techniques. Predictive analytics has the power to "see the future," and predict patient behavior, thus generating more personalized healthcare.
In healthcare industry, the blend of advanced analytics and the vast ocean of data is an absolute gold mine. Companies like General Electric and 3M have probably just scratched the surface and are likely to reap huge benefits in future.
However, there is more than just a financial incentive as it involves a matter of life and death.
Raven Down to Strong Sell
Why the Downgrade?
Raven has witnessed sharp downward estimate revisions after reporting disappointing fourth-quarter fiscal 2014 results on March 12. The stock also fell around 11% in the trading session after the earnings release.
In the quarter, Raven's earnings declined 23% year over year to 23 cents per share. The reported figure fell short of the Zacks Consensus Estimate of 32 cents. Increased raw material costs in the Engineered Films segment, increased investments in research and development (R&D) for Aerostar and lower sales volume in Applied Technology led to the year-over-year decline.
Sales increased 3% year over year to $92.6 million in the quarter but missed the Zacks Consensus Estimate.
For the full year 2014, earnings per share fell 19% year over year to $1.17, lagging the Zacks Consensus Estimate of $1.26. Revenues fell 3% to $395 million from $406 million in the previous fiscal, missing the Zacks Consensus Estimate.
For first-quarter fiscal 2015, Raven expects solid sales growth in Engineered Films from agriculture, along with higher OEM deliveries in Applied Technology. However, contract manufacturing declines and the uncertain agricultural aftermarket will pose challenges.
In the first quarter, Raven expects profits to be flat to slightly down. Thereafter, the company is expected to deliver increased profits in the balance of the year. Nevertheless, delay in contracts, pricing pressure, general market softness and volatile raw-material costs will hurt Raven's earnings.
Following the fourth-quarter earnings announcement, the Zacks Consensus Estimate for Raven declined 14% to $1.21 per share for 2015 and 15.9% to $1.32 per share for 2016.
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.
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.
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.
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.
SOURCE Zacks Investment Research, Inc.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
Jul. 31, 2015 08:45 AM EDT Reads: 308
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
Jul. 30, 2015 07:30 PM EDT Reads: 1,403
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Jul. 30, 2015 03:45 PM EDT Reads: 458
MuleSoft has announced the findings of its 2015 Connectivity Benchmark Report on the adoption and business impact of APIs. The findings suggest traditional businesses are quickly evolving into "composable enterprises" built out of hundreds of connected software services, applications and devices. Most are embracing the Internet of Things (IoT) and microservices technologies like Docker. A majority are integrating wearables, like smart watches, and more than half plan to generate revenue with APIs within the next year.
Jul. 30, 2015 02:30 PM EDT Reads: 111
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Jul. 30, 2015 01:45 PM EDT Reads: 275
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...
Jul. 30, 2015 12:00 PM EDT Reads: 2,061
In his keynote at 16th Cloud Expo, Rodney Rogers, CEO of Virtustream, discussed the evolution of the company from inception to its recent acquisition by EMC – including personal insights, lessons learned (and some WTF moments) along the way. Learn how Virtustream’s unique approach of combining the economics and elasticity of the consumer cloud model with proper performance, application automation and security into a platform became a breakout success with enterprise customers and a natural fit for the EMC Federation.
Jul. 30, 2015 09:00 AM EDT Reads: 2,163
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
Jul. 29, 2015 03:00 PM EDT Reads: 1,274
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect their organization.
Jul. 29, 2015 02:00 PM EDT Reads: 1,185
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world and it starts with business models and monetization strategies.
Jul. 28, 2015 04:30 PM EDT Reads: 1,765
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, discussed IoE and the enormous opportunities it provides to public and private firms alike. She will share what businesses must do to thrive in the IoE economy, citing examples from several industry sectors.
Jul. 28, 2015 11:00 AM EDT Reads: 2,043
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
Jul. 27, 2015 10:00 AM EDT Reads: 2,030
Akana has released Envision, an enhanced API analytics platform that helps enterprises mine critical insights across their digital eco-systems, understand their customers and partners and offer value-added personalized services. “In today’s digital economy, data-driven insights are proving to be a key differentiator for businesses. Understanding the data that is being tunneled through their APIs and how it can be used to optimize their business and operations is of paramount importance,” said Alistair Farquharson, CTO of Akana.
Jul. 27, 2015 09:00 AM EDT Reads: 328
Business as usual for IT is evolving into a "Make or Buy" decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud business applications and services across multiple cloud delivery models.
Jul. 27, 2015 08:00 AM EDT Reads: 1,905
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, analyzed how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI Intelligence, he worked analyzing bank technology for Corporate Insight and The Clearing House Payment...
Jul. 26, 2015 09:00 PM EDT Reads: 1,576
"Optimal Design is a technology integration and product development firm that specializes in connecting devices to the cloud," stated Joe Wascow, Co-Founder & CMO of Optimal Design, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 25, 2015 02:00 PM EDT Reads: 394
SYS-CON Events announced today that CommVault has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unp...
Jul. 25, 2015 01:00 PM EDT Reads: 1,959
Electric Cloud and Arynga have announced a product integration partnership that will bring Continuous Delivery solutions to the automotive Internet-of-Things (IoT) market. The joint solution will help automotive manufacturers, OEMs and system integrators adopt DevOps automation and Continuous Delivery practices that reduce software build and release cycle times within the complex and specific parameters of embedded and IoT software systems.
Jul. 25, 2015 12:15 PM EDT Reads: 463
"ciqada is a combined platform of hardware modules and server products that lets people take their existing devices or new devices and lets them be accessible over the Internet for their users," noted Geoff Engelstein of ciqada, a division of Mars International, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 25, 2015 12:00 PM EDT Reads: 1,539
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
Jul. 25, 2015 09:00 AM EDT Reads: 1,491