27 July 2024, 05:25 | Matthew Miller, CFA

CFRA Maintains Buy Opinion on Shares of AptarGroup, Inc.

We keep our 12-month target at $166, or 28.2x our 2025 EPS estimate, a small premium to ATR’s three-year average forward P/E multiple of 27.4x. Our adj. EPS views are unchanged at $5.36 in 2024 and $5.89 in 2025. ATR posted Q2 adj. EPS of $1.37 vs. $1.23, $0.02 above consensus; Q2 sales increased 1.6% Y/Y but missed consensus by 2.2%. The Q2 gross margin was impressive at 37.7%, up around 170 bp

27 July 2024, 05:16 | Catherine Seifert

CFRA Keeps Hold Opinion on Shares of Aon plc

We raise our 12-month target price by $32 to $342, valuing AON shares at 17.5x our newly initiated 2026 adjusted EPS estimate of $19.50 and at 19.7x our 2025 EPS estimate of $17.35 (cut today by $0.15), vs. the one-year average forward multiple of 19.7x and a peer average of 23x. We cut our 2024 EPS estimate by $0.47 to $15.39. Q2 EPS of $2.93 vs. $2.76 lagged our $3.30 EPS estimate and the $3.0

27 July 2024, 04:59 | Matthew Miller, CFA

CFRA Maintains Hold Opinion on Shares of Weyerhaeuser Company

We increase our 12-month target price by $1 to $33, or 30.8x our 2025 EPS estimate, a premium to WY’s three-year average forward P/E of 24.7x. We decrease our 2024 adj. EPS estimate by $0.33 to $0.69 and trim our 2025 adj. EPS forecast by $0.26 to $1.07. WY posted Q2 adj. EPS of $0.21 vs. $0.32, in line with consensus, despite a top-line miss of 1.7%. Q2 adj. EBITDA of $410 million is up 16% seq