Joy Global Inc (JOY)

JOY (NYSE:Industrial) EQUITY
$27.33
pos +0.00
+0.00%
Today's Range: 27.27 - 27.58 | JOY Avg Daily Volume: 4,221,800
Last Update: 08/26/16 - 4:01 PM EDT
Volume: 0
YTD Performance: 116.73%
Open: $0.00
Previous Close: $27.48
52 Week Range: $8.35 - $28.55
Oustanding Shares: 98,137,336
Market Cap: 2,696,813,993
6-Month Chart
TheStreet Ratings Grade for JOY
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 3 3 4 3
Moderate Buy 0 0 0 0
Hold 8 9 7 8
Moderate Sell 0 0 0 0
Strong Sell 0 0 2 2
Mean Rec. 2.45 2.50 2.69 2.85
Latest Dividend: 0.01
Latest Dividend Yield: 0.15%
Dividend Ex-Date: 06/20/16
Price Earnings Ratio: -2.03
Price Earnings Comparisons:
JOY Sector Avg. S&P 500
-2.03 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
61.52% 19.19% -48.31%
GROWTH 12 Mo 3 Yr CAGR
Revenue -16.00 -0.40 -0.17
Net Income -100.00 -2.50 0.00
EPS -100.00 -2.70 0.00
Earnings for JOY:
EBITDA 0.36B
Revenue 3.17B
Average Earnings Estimates
Qtr (07/16) Qtr (10/16) FY (10/16) FY (10/17)
Average Estimate $0.12 $0.18 $0.14 $0.48
Number of Analysts 7 7 8 8
High Estimate $0.21 $0.28 $0.20 $0.69
Low Estimate $0.09 $0.14 $0.10 $0.29
Prior Year $0.54 $0.43 $1.95 $0.14
Growth Rate (Year over Year) -77.51% -57.48% -92.69% 237.72%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
The latest crop struggles in an up market.
Companies are restructuring themselves for the future.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. The price of crude oil declined by $1.20 to $44.55, but it had little impact on the markets. Gold recovered $12.40 to $1,331. Agricultural commodities: wheat +5, corn -5, soybeans +4 and oats +3. Bonds were down relatively big early in the day, but recovered at the day's end. The yield on the 10-year note dropped two basis points . The long bond yield was flattish. The 2s/10s spread rose by one basis point to 87 basis points. Municipals were flat. High yield was better to sell. Banks sold off small after bonds dipped in the morning and didn't reverse with the recovery in bonds during the afternoon. Brokerages were hit with profit taking. Insurance was mixed. I added to Hartford Financial Services Group (HIG) . Auto stocks disappointed (up modestly) despite the General Motors (GM) blowout. I added to my short in premarket trading. Old tech cooled off after Intel's (INTC) disappointment after the close on Wednesday. Energy stocks were lower on weaker crude prices. Retail was mixed. Ag equipment was up big in the early going after the Joy Global (JOY) takeover, but faded all afternoon. Deere (DE) was lower on the day. Defensive, staples were lower on the day, led by Campbell Soup (CPB) on weak earnings. All components of (T)FANG were lower. Tesla (TSLA) , off $8, led on the downside. Here are some value-added contributions from our columnists: I liked two of them very much by Jim "El Capitan" Cramer. One, on staying with stocks, and the other, on GM's blowout of earnings per share.  Tim "Not Judy or Phil" Collins on "insect positioning."  Robert "Not Rita" Moreno on a contrary view on PepsiCo (PEP) (short).  The market has stretch marks, according to Rev Shark.  Tim Melvin on some interesting regional bank buys. 
Southwest Airlines falls after a computer glitch causes the company to cancel hundreds of flights.
Here is this week's Subscriber Comment of the Week from my pal sub Alan "Spillover" Burge:
Now that Joy Global is being acquired, here are 4 other names with similar attributes.
General Motors crushed Wall Street earnings estimates before the opening bell.
The charts don't lie; they have been showing accumulation in JOY for weeks.
Updates on recent stock picks and the markets.
Let me give you the unassailable themes.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.