P/S Ratio Signals Bullish Stock: $GPC $L $DB – Wire Real Estate

P/S Ratio Signals Bullish Stock: $GPC $L $DB




Sep 2, 2020

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Genuine Parts Declares Quarterly Dividend Of $0.79 Per Share

https://themarketsignal.com/Free-Report/GPC

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Genuine Parts Company (NYSE:GPC) has a Price-to-sales ratio (P/S) of 0.76. As the P/S ratio is less than 1, the company provides a bullish investment opportunity. The company has declared its regular quarterly dividend of $0.79 per common share. The dividend will be payable to shareholders on October 1, 2020, to shareholders who will be on record as of September 4, 2020.

In the second quarter, the company reported adjusted earnings per share of $1.32 topping analysts' estimates of earnings of 41 per share. Net sales in the quarter dropped 14% YoY to $3.823 billion missing on the consensus estimates of $4.45 billion.

Loews Announces Quarterly Dividend of $0.0625 Per Common Share

https://themarketsignal.com/Free-Report/L

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Loews Corporation (NYSE:L) stock is also presenting a bullish investment opportunity considering its Price-to-sales ratio (P/S) of 077 is less than 1. The company has declared its quarterly dividend on the common stock of $0.0625 per share. The dividend will be payable on September 1, 2020, to shareholders that will be on record as of August 19, 2020.

In the second quarter, the company posted a net loss of $835 million or $2.96 per share compared to a net income of 4249 million or $0.82e in Q2 2019. At the end of the quarter, the company had $3.6 billion in cash and cash investments with 80% of the liquidity being cash and investments and the rest being marketable equity securities.

Deutsche Bank Injects Rs 2,700 crore To Enhance Operations In India

https://themarketsignal.com/Free-Report/DB

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Another stock providing bullish sentiment is Deutsche Bank AG (NYSE:DB) whose Price-to-sales ratio (P/S) is less than 1 at 0.76. The bank has injected around Rs 2,700 crore its operations in India to fund growth plans. Following this latest commitment, the total capital that the bank has deployed in its branches in India currently stands at around Rs 18,200 crore. The increase in capital investment into the Indian franchise is a strong vote of confidence in the bank's business model.

Also, the bank has announced that it will end financing projects for coal mining, oil, and gas projects. The bank indicated that it will end lending to coal mining projects by 2025.

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