1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,760 --> 00:00:19,119 Speaker 1: I'm Tim Stanback along with Carol Master. Let's take a 5 00:00:19,120 --> 00:00:20,680 Speaker 1: look at some stocks on the move today with us 6 00:00:20,680 --> 00:00:24,880 Speaker 1: as Bloomberg News Equities reporter Natalia Kenny Javich. Natalia, not 7 00:00:25,040 --> 00:00:28,560 Speaker 1: every stock is lower today. There actually are some stocks 8 00:00:28,560 --> 00:00:29,360 Speaker 1: that are out performing. 9 00:00:29,600 --> 00:00:32,080 Speaker 3: There are, and Pellent is one of them. So the 10 00:00:32,120 --> 00:00:36,479 Speaker 3: Ticuls plrtr the stock is up by six point three percent, 11 00:00:36,560 --> 00:00:40,680 Speaker 3: I should say. So. Revenue forecast for fiscal twenty twenty 12 00:00:40,760 --> 00:00:44,240 Speaker 3: six came above expectations, so the annual revenue will gain 13 00:00:44,520 --> 00:00:48,000 Speaker 3: by sixty one percent to about seven point nineteen billion, 14 00:00:48,120 --> 00:00:51,640 Speaker 3: and also expected it to be on average at six 15 00:00:51,680 --> 00:00:55,120 Speaker 3: point three billion dollars. So for the fourth quarter, also 16 00:00:55,200 --> 00:00:59,840 Speaker 3: revenue was really solid. Both segments government and commercial did 17 00:00:59,880 --> 00:01:04,160 Speaker 3: really well. Cash flow and many analysts highlighted that cash 18 00:01:04,200 --> 00:01:07,360 Speaker 3: flow is really way about forecast. Of course, we do 19 00:01:07,440 --> 00:01:10,440 Speaker 3: know that this stuck is very expensive in terms of multiples, 20 00:01:10,440 --> 00:01:13,479 Speaker 3: but look at some commentaries from analysts. They say that 21 00:01:14,200 --> 00:01:17,720 Speaker 3: revenue and free cash flow is too impressive and valuation 22 00:01:18,000 --> 00:01:22,240 Speaker 3: is finally reasonable. That's the quote, guys, So some people 23 00:01:22,400 --> 00:01:26,160 Speaker 3: still see upside momentum. 24 00:01:26,360 --> 00:01:29,080 Speaker 4: Okay, so that is certainly one that's an NOW performer. 25 00:01:29,240 --> 00:01:32,120 Speaker 4: Let's go to Novo NORDESK and I know the team 26 00:01:32,120 --> 00:01:36,560 Speaker 4: on TV having an interview with I think the company's CEO. 27 00:01:37,000 --> 00:01:38,039 Speaker 3: He was on TV just. 28 00:01:38,160 --> 00:01:40,480 Speaker 4: So let's go. Let's talk about Nova and of course 29 00:01:40,480 --> 00:01:42,160 Speaker 4: it's the ADRs that trade here in the US. 30 00:01:42,240 --> 00:01:45,880 Speaker 3: Yeah, so the ticket is for adr is and v are. Oh, 31 00:01:45,959 --> 00:01:49,280 Speaker 3: the stuck is down by fourteen percent today, so the 32 00:01:49,320 --> 00:01:52,960 Speaker 3: company's sales said that sales will drop this year as 33 00:01:52,960 --> 00:01:57,160 Speaker 3: Ozampic and Wegovi face tough competition, and also the company 34 00:01:57,240 --> 00:01:59,400 Speaker 3: will take a hit from the US government's push to 35 00:01:59,480 --> 00:02:04,000 Speaker 3: cut drug prices, so sales at constant exchange rates will 36 00:02:04,040 --> 00:02:07,800 Speaker 3: probably fall between five and thirteen percent. This is the 37 00:02:07,840 --> 00:02:11,679 Speaker 3: company said in early a release of its outlook. Full results, 38 00:02:11,720 --> 00:02:16,360 Speaker 3: of course, are scheduled to be released on Wednesday. So yes, 39 00:02:16,400 --> 00:02:19,560 Speaker 3: there were some expectations for conservative guidance, but it was 40 00:02:19,720 --> 00:02:23,320 Speaker 3: way below what analysts had expected. They sought decline to 41 00:02:23,400 --> 00:02:26,600 Speaker 3: be about one point four percent, so yes. At the 42 00:02:26,600 --> 00:02:29,480 Speaker 3: same time, the company said that global GLP one market 43 00:02:29,520 --> 00:02:33,720 Speaker 3: is expanding, so at the same time, yes, this Donald 44 00:02:33,720 --> 00:02:38,280 Speaker 3: Trump's pushed to cut drug prices. This is what could 45 00:02:38,320 --> 00:02:41,840 Speaker 3: be one of the biggest headwinds for the company. 46 00:02:42,800 --> 00:02:46,280 Speaker 1: Okay, that's Novo Nordisk. What about NXP Semiconductor. 47 00:02:46,440 --> 00:02:49,400 Speaker 3: Yeah, let's take a look at an the tickers NXPI 48 00:02:49,760 --> 00:02:54,680 Speaker 3: shares are done by seven percent today, so guidance met expectations. 49 00:02:54,720 --> 00:02:58,840 Speaker 3: But the company reported slightly slower growth in its auto segment, 50 00:02:58,919 --> 00:03:03,520 Speaker 3: which is crucial. It counts for about fifty percent of 51 00:03:03,560 --> 00:03:08,160 Speaker 3: its revenue. So week recovery in this auto segment is 52 00:03:08,600 --> 00:03:11,880 Speaker 3: really something that analysts keep an eye on because they 53 00:03:11,919 --> 00:03:16,000 Speaker 3: say that yes, the mini companies and suppliers so NXP 54 00:03:16,160 --> 00:03:20,960 Speaker 3: by the way, so they supply chips mostly for auto industry. 55 00:03:21,160 --> 00:03:24,840 Speaker 3: And they said that during the pandemic, customers are stockpiled, 56 00:03:25,080 --> 00:03:28,000 Speaker 3: so that delayed the recovery. So this is something that 57 00:03:28,760 --> 00:03:30,560 Speaker 3: again analysts are concerned about. 58 00:03:30,800 --> 00:03:32,560 Speaker 4: Yeah, I feel like it is certainly one of the 59 00:03:32,639 --> 00:03:34,639 Speaker 4: laggards on the socks, I mean the socks. If you 60 00:03:34,680 --> 00:03:38,360 Speaker 4: look at the Semiconductor Philadelphia Semiconductor Index, twenty six of 61 00:03:38,400 --> 00:03:40,560 Speaker 4: the thirty names are lower today. So we've seen that 62 00:03:40,680 --> 00:03:43,800 Speaker 4: certainly being a drag on the overall trade. You've got 63 00:03:43,800 --> 00:03:46,280 Speaker 4: the socks down about three and a quarter percent. Right, 64 00:03:46,320 --> 00:03:49,000 Speaker 4: let's go to another gainer and we're talking about FedEx 65 00:03:49,080 --> 00:03:49,520 Speaker 4: fed X. 66 00:03:49,600 --> 00:03:53,600 Speaker 3: Yeah, so the tickets FDx shares are up by almost 67 00:03:53,680 --> 00:03:57,120 Speaker 3: five percent guys today. Two Wall Street analysts upgraded the 68 00:03:57,200 --> 00:04:00,360 Speaker 3: stock today and they said that the com you will 69 00:04:00,440 --> 00:04:03,560 Speaker 3: benefit from efforts to boost the European business and also 70 00:04:03,720 --> 00:04:07,400 Speaker 3: they see some benefits from the economic backdrop. They like 71 00:04:07,680 --> 00:04:09,400 Speaker 3: the fact that the US economy is still in a 72 00:04:09,440 --> 00:04:13,840 Speaker 3: solid piece even if we look at industrial and transportation stocks. 73 00:04:13,920 --> 00:04:16,600 Speaker 3: They beat the S and P five hundred so wells far. 74 00:04:16,680 --> 00:04:21,839 Speaker 3: The analysts said that FedEx is supposed to provide optimistic 75 00:04:21,880 --> 00:04:26,000 Speaker 3: financial targets when it meets with investors on February twelve. 76 00:04:26,440 --> 00:04:29,680 Speaker 3: Then Bernstein analysts also said that spin off of its 77 00:04:29,800 --> 00:04:33,040 Speaker 3: freight division is also good for the company's growth and 78 00:04:33,160 --> 00:04:38,280 Speaker 3: this Beernstein analysts also gave the company the highest price 79 00:04:38,320 --> 00:04:42,000 Speaker 3: target on the street, four hundred and twenty seven dollars. 80 00:04:42,080 --> 00:04:45,520 Speaker 3: That implies almost a thirty percent gain from the Monday clothes. 81 00:04:45,600 --> 00:04:47,680 Speaker 3: So what's of optimism on FedEx? 82 00:04:49,680 --> 00:04:53,680 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 83 00:04:53,760 --> 00:04:56,360 Speaker 2: us throughout the day for the latest roundup of companies 84 00:04:56,440 --> 00:04:59,479 Speaker 2: making news on Wall Street and for the latest market 85 00:04:59,520 --> 00:05:03,400 Speaker 2: moving have lines. Listen to Bloomberg Radio Live, catch us 86 00:05:03,440 --> 00:05:07,159 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 87 00:05:07,200 --> 00:05:09,159 Speaker 2: Auto with the Bloomberg Business app.