Stock Market Briefing: S&P 500 Sectors & Industries Forward Profit Margins

Transcription

1 Stock Market Briefing: S&P Sectors & Industries Forward Profit Margins February 1, 1 Dr. Edward Yardeni eyardeni@ Joe Abbott jabbott@ Mali Quintana aquintana@" Please visit our sites at www. blog. thinking outside the box

2 Table Of Contents Table Of Contents S&P Forward Profit Margins S&P Sectors Forward Profit Margins 3- Consumer Discretionary - Consumer Staples 7 Energy Financials 9- Health Care 11 Industrials -13 Information Technology 1 Materials 1-1 Telecommunication Services & Utilities 17 February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

3 S&P Sectors Forward Profit Margins 1 Figure 1. CONSUMER DISCRETIONARY Forward Profit Margin INDUSTRIALS Sector (.) S&P (11.9) (.) CONSUMER STAPLES INFORMATION TECHNOLOGY 1 (7.1) (.1) ENERGY (.) MATERIALS (11.) FINANCIALS TELECOMMUNICATIONS SERVICES 1 1 (1.) (13.) HEALTH CARE (11.1) UTILITIES (11.) 1 Page 3 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

4 Figure. S&P Sectors Forward Profit Margins CONSUMER DISCRETIONARY INDUSTRIALS (.) (.) CONSUMER STAPLES INFORMATION TECHNOLOGY (7.1) (.1) ENERGY MATERIALS (.) (11.) FINANCIALS (1.) Includes Real Estate through September 1 TELECOMMUNICATION SERVICES (13.) HEALTH CARE (11.1) UTILITIES (11.) * Time-weighted average of the consensus estimates for current and next year. Page / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

5 1 Figure 3. Consumer Discretionary S&P FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY Consumer Discretionary Sector (.) Advertising (.1) Automobile Manufacturers (.1) Auto Parts & Equipment (9.) Publishing (.) Figure. S&P FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY Consumer Discretionary Sector (.) Casinos & Gaming (.) Movies & Entertainment (1.) Hotels, Resorts & Cruise Lines (11.9) Restaurants (1.) Page / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

6 Figure. Consumer Discretionary S&P FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY Consumer Discretionary Sector (.) Apparel Retail (7.9) Department Stores (3.) Specialty Stores (.3) Figure. S&P FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY Consumer Discretionary Sector (.) Computer & Electronics Retail (3.) Home Improvement Retail (.7) Homebuilding (.) Household Appliances (.1) Margins capped at % due to extreme values Page / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

7 1 1 Figure 7. Consumer Staples S&P FORWARD PROFIT MARGINS: CONSUMER STAPLES Consumer Staples Sector (7.1) Household Products (1.) Packaged Foods & Meats (.) Personal Products (7.3) Figure. S&P FORWARD PROFIT MARGINS: CONSUMER STAPLES Consumer Staples Sector (7.1) Brewers (9.3) Drug Retail (3.9) Soft Drinks (17.1) Tobacco (31.) Page 7 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

8 1 Figure 9. S&P FORWARD PROFIT MARGINS: ENERGY Energy Energy Sector (.) Integrated Oil & Gas (.) Oil & Gas Refining & Marketing (3.) Figure. S&P FORWARD PROFIT MARGINS: ENERGY Energy Sector (.) Oil & Gas Drilling (1.) Oil & Gas Equipment & Services (.) Oil & Gas Exploration & Production (9.7) Page / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

9 3 3 Figure 11. Financials S&P FORWARD PROFIT MARGINS: FINANCIALS Financials Sector (1.) Consumer Finance (1.) Diversified Banks (7.) Regional Banks (.) Figure. S&P FORWARD PROFIT MARGINS: FINANCIALS Financials Sector (1.) Asset Management & Custody Banks (.) Investment Banking & Brokerage(3.) Specialized Finance (3.) Page 9 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

10 Financials Figure 13. S&P FORWARD PROFIT MARGINS: FINANCIALS 1 1 Financials Sector (1.) Insurance Brokers (1.) Life & Health Insurance (.3) Multi-Line Insurance (9.3) Property & Casaulty Insurance (.) Page / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

11 3 Figure 1. S&P FORWARD PROFIT MARGINS: HEALTH CARE Health Care Sector (11.1) Biotechnology (39.) Health Care Equipment (1.9) Managed Health Care (.) Health Care Figure 1. S&P FORWARD PROFIT MARGINS: HEALTH CARE 3 Health Care Sector (11.1) 1 Health Care Facilities (.) Pharmaceuticals (7.7) Health Care Distributors (1.3) Page 11 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

12 1 1 Figure 1. Industrials S&P FORWARD PROFIT MARGINS: INDUSTRIALS 1 1 Industrials Sector (.) Construction Machinery & Heavy Trucks (.1) Industrial Conglomerates (.) Industrial Machinery (11.) Figure 17. S&P FORWARD PROFIT MARGINS: INDUSTRIALS Industrials Sector (.) Aerospace & Defense (9.3) Electrical Components & Equipment (.) Page / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

13 3 Figure 1. Industrials S&P FORWARD PROFIT MARGINS: INDUSTRIALS 3 Industrials Sector (.) Air Freight & Logistics(.) Airlines (.) Railroads (.) Trucking (7.) Page 13 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

14 3 3 Figure 19. Information Technology S&P FORWARD PROFIT MARGINS: INFORMATION TECHNOLOGY Information Technology Sector (.1) Application Software (1.) Data Processing & Outsourcing (.1) IT Consulting & Other Services (13.) Systems Software (.9) Figure. S&P FORWARD PROFIT MARGINS: INFORMATION TECHNOLOGY Information Technology Sector (.1) Communications Equipment (3.9) Semiconductors (9.) Semiconductor Equipment (.) Technology Hardware, Storage & Peripherals (1.) Page 1 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

15 1 Figure 1. Materials S&P FORWARD PROFIT MARGINS: MATERIALS 1 - Materials Sector (11.) Paper Products (.) Steel (7.3) Figure. S&P FORWARD PROFIT MARGINS: MATERIALS 1 1 Materials Sector (11.) Diversified Chemicals (11.) Fertilizers & Agricultural Chemicals (.) Industrial Gases (1.7) Specialty Chemicals (11.3) Page 1 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

16 3 Figure 3. Materials S&P FORWARD PROFIT MARGINS: MATERIALS 3 Materials Sector (11.) Copper Gold (.) Metal & Glass Containers (7.) Paper Packaging (.) Page 1 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

17 1 Figure. Telecommunication Services & Utilities S&P FORWARD PROFIT MARGINS: TELECOMMUNICATION SERVICES 1 1 Telecommunication Services Sector (13.) Integrated Telecommunication (13.) Figure. S&P FORWARD PROFIT MARGINS: UTILITIES Utilities Sector (11.) Electric Utilities (.3) Independent Power Producers & Energy Traders (.7) Multi-Utilities (.1) Water Utilities (1.) Page 17 / February 1, 1 / S&P Sectors & Industries Forward Profit Margins www.

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