Analysis of the Most Interesting Earnings Reports: ACB, BYND, PTON, DDOG, TLRY

Within this analysis we focus on the 5 most interesting growth stocks that have released the earnings reports in the past 2 weeks:

  • Beyond Meat (BYND)
  • Peloton Interactive Inc (PTON)
  • Datadog Inc (DDOG)
  • Tilray Inc (TLRY)
  • Aurora Cannabis Inc. (ACB)

The analysis will take into consideration the financial data reported in the earnings report just released (+ data from the last 5 years) and the stock price performance compared to key levels. The explanation of both sections can be found at the end of the article.

The purpose of this article is not to deepen the analysis of the company’s financial data, but to have a summary view of the performance of 3 key metrics (Revenue, Net Income and Net Margin).

A more detailed analysis of the financial data (together with many other aspects of the company) will be carried out in a new type of analysis which will be published starting from this week, the….

… BD-score …

(starting from this week)


Summary

Before going deeper into the individual companies, let’s see together some key data relating to the earnings report released. In particular, the following information is shown in the table:

  • EPS surprise:
    • indicates how much the EPS (Earnings-Per-Share) reported were higher / lower than analysts’ expectations
  • Stock price reaction:
    • indicates the reaction of the stock price on the day of publication of the earnings report
  • Key Data Growth:
    • indicates how much the 3 main items (revenue, net income and net margin) have increased / decreased compared to the same quarter of 12 months before

Beyond Meat (BYND)

Beyond Meat Inc. is a food company. It manufactures, markets and sells plant-based meat products primarily in the United States and internationally. 

SUMMARY:

  • FINANCIALS:
    • analysts’ expectations destroyed by + 150%
    • triple digit increase in all key items
    • still loses money but is on the right path to being in profit
  • KEY CHART LEVELS:
    • the push of + 26% given by the earnings report allowed it to exceed the 200-day average and the closest resistance in one shot
    • the historical high of July 2019 is 77% far

FINANCIALS:

During the last quarter, BYND reported $97 million in revenue, up 141,5% compared to $40 million reported in the same quarter 12 months earlier. In the same period, net income increased by 127,3% to $2 million, compared to net loss of -$7 million in the previous period, while net margin was 1,9% , improved by 111,3% compared to the same quarter 12 months earlier.

Focusing on annual data, BYND revenue in the last 4 quarters totaled $355 million, an increase of 2090,1% compared to $16,2 million in revenue reported 3 years ago. During the same period, BYND reported a 84,1% increase in net income to -$4 million, compared to -$25,1 million net loss in the previous period, while the net margin improved by 99,3% .

KEY CHART LEVELS:


Peloton Interactive Inc (PTON)

Peloton Interactive creates fitness products. The brand’s content is accessible through the Peloton Bike, the Peloton Tread, and Peloton Digital, which provides a full slate of fitness offerings, anytime, anywhere, through IOS and Android as well as most tablets and computers.

SUMMARY:

  • FINANCIALS:
    • excellent increase in revenues (+ 65%)
    • widening of the loss, but net margin improving
    • missed analyst expectations
  • KEY CHART LEVELS:
    • in reaction to the earnings report it exceeded the previous historical maximum recorded in mid-April, now the next target is the sky … or the earth 😉

FINANCIALS:

During the last quarter, PTON reported $525 million in revenue, up 65,6% compared to $317 million reported in the same quarter 12 months earlier. In the same period, net income decreased by -44,0% to -$56 million, compared to net loss of -$39 million in the previous period, while net margin was -10,6% , improved by 13,0% compared to the same quarter 12 months earlier.

Focusing on annual data, PTON revenue in the last 4 quarters totaled $1.442 million, an increase of 559,7% compared to $218,6 million in revenue reported 3 years ago. During the same period, PTON reported a -192,7% decrease in net income to -$208 million, compared to -$71,1 million net loss in the previous period, while the net margin improved by 55,6% .

KEY CHART LEVELS:


Datadog Inc (DDOG)

Datadog Inc. provides monitoring services for cloud-scale applications which includes monitoring of servers, databases, tools and services, through a SaaS-based data analytics platform. Datadog Inc. is based in New York.

SUMMARY:

  • FINANCIALS:
    • flawless quarterly
    • destroyed analyst expectations by 167%
    • on track for profit at the end of the year
  • KEY CHART LEVELS:
    • far exceeded the IPO price of a few months ago
    • as for PTON, it has no more obstacles ahead

FINANCIALS:

During the last quarter, DDOG reported $131 million in revenue, up 87,2% compared to $70 million reported in the same quarter 12 months earlier. In the same period, net income increased by 168,4% to $7 million, compared to net loss of -$10 million in the previous period, while net margin was 5,0% , improved by 136,6% compared to the same quarter 12 months earlier.

Focusing on annual data, DDOG revenue in the last 4 quarters totaled $424 million, an increase of 320,6% compared to $100,8 million in revenue reported 3 years ago. During the same period, DDOG reported a 73,1% increase in net income to -$1 million, compared to -$2,6 million net loss in the previous period, while the net margin improved by 93,6% .

KEY CHART LEVELS:


Tilray Inc (TLRY)

Tilray, Inc. is a pharmaceutical company. It develops cannabis based medicines, drugs, drops and oil products. Tilray, Inc. is based in NANAIMO, Canada.

SUMMARY:

  • FINANCIALS:
    • usual increase in revenues, but usual (strong) expansion of the loss
    • analysts’ expectations were missed
  • KEY CHART LEVELS:
    • the next resistance remains at the price of $9.76
    • good performance on Friday due to the Aurora Cannabis bang

FINANCIALS:

During the last quarter, TLRY reported $52 million in revenue, up 142,3% compared to $22 million reported in the same quarter 12 months earlier. In the same period, net income decreased by -507,6% to -$184 million, compared to net loss of -$30 million in the previous period, while net margin was -353,4% worsened by -150,7% compared to the same quarter 12 months earlier.

Focusing on annual data, TLRY revenue in the last 4 quarters totaled $183 million, an increase of 1351,6% compared to $12,6 million in revenue reported 3 years ago. During the same period, TLRY reported a -5924,1% decrease in net income to -$476 million, compared to -$7,9 million net loss in the previous period, while the net margin worsened by -315,0% .

KEY CHART LEVELS:


Aurora Cannabis Inc. (ACB)

Aurora Cannabis Inc is a Canada-based company engaged in the production and distribution of medical cannabis. The Company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, home cultivation, wholesale and retail distribution. The Company’s purpose-built facilities, which integrate technologies across all processes, are defined by automation and customization.

SUMMARY:

  • FINANCIALS:
    • improvement in all the key items taken into consideration
    • analysts’ expectations were missed
  • KEY CHART LEVELS:
    • incredible reaction to the earnings report (+ 67%)
    • broken in full the 50-day moving average
    • the 200-day average is 200% from the current price

FINANCIALS:

During the last quarter, ACB reported $54 million in revenue, up 10,3% compared to $49 million reported in the same quarter 12 months earlier. In the same period, net income increased by 17,6% to -$98 million, compared to net loss of -$119 million in the previous period, while net margin was -181,8% , improved by 25,3% compared to the same quarter 12 months earlier.

Focusing on annual data, ACB revenue in the last 4 quarters totaled $217 million, an increase of 19654,5% compared to $1,1 million in revenue reported 3 years ago. During the same period, ACB reported a -22688,6% decrease in net income to -$1.003 million, compared to -$4,4 million net loss in the previous period, while the net margin worsened by -15,4% .

KEY CHART LEVELS:

https://www.tradingview.com/x/OPu3Fudp/

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FINANCIAL DATA & KEY CHART LEVELS

– explanation –

FINANCIAL DATA

This section shows some key financial data contained in the company’s income statement, updated to the latest available earnings report. The 2 tables are as follows:

FIRST TABLE – “Key Data in the past 5 years”

“Key Data in the past 5 years” table shows the amount of Revenue, Net Income and Net Margin (the percentage of Revenue that turns into Net Income) reported in the last year or in the last 4 quarters (TTM-trailing 12-months). In the same table you can find the percentage increase (or decrease) of the 3 items in the last 3 years.

To the right of the table you find a chart containing the trend of Revenue in the last 5 years (green columns) and the trend of Net Income (red line) in the same period. Inside the same chart you will find a semi-transparent line that show the trend line of the Revenue in the last years.

This section is useful for understanding if the company has been growing in recent years.

SECOND TABLE – “Key Data in the last Earnings Report”

“Key Data in the last Earnings Report” table shows the data of the same items of the previous table, but with reference to the last earnings report released by the company in comparison with the same quarter of 12 months before.

On the right of the table you will find the relative chart containing the trend of Revenue (green columns) and Net Income (red columns) in the 2 quarters taken into consideration (current versus last year’s quarter).

This section is useful for understanding if the company has grown in the last quarter compared to the same quarter of last year.

Data are expressed in millions of dollars.

KEY CHART LEVELS

For each of the companies, a chart is shown containing the following key chart levels:

  • Simple moving average 50-day (red line) and 200-day (black line)
  • Resistance and Support

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Sources & additional info

*Chart by stockcharts.com
*EPS surprise and company description by barchart.com


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