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West Pharmaceutical Services is bullish with improved financial outlook for the next quarter
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West Pharmaceutical Services Inc. (NYSE:WST) hit a new 52-week high of $283.96
West Pharmaceutical Services Inc has issued a financial guidance for the full year 2020. The company has projected its net sales for the full year to range between $2.035 billion and $2.055 billion. This is an increase from the previous range of between 41.95 billion and $1.97 billion. The company projects its organic sales to grow by around 12% compared to a previous projection of 8%.
West Pharmaceutical's projected net sales include a full-year headwind of $26 million based on the current exchange rates. The company expects its full-year 2020 adjusted-diluted EPS to range between $4.15 and $4.25. This is an increase from an earlier projection of $3.52 and $3.62 that had earlier been projected.
Chemed is risk-free as it declares increased dividend
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Chemed Corporation (NYSE:CHE) hit a new 52-week high of $517.11
Chemed Corporation has declared a 34-cents per share cash dividend for the second quarter of 2020.The new declaration represent a 6.3% or 2-cent increase compared to the 32-cents that was declared in June 2020. The last time the Board raised dividend was in August 2019 when it was raised from 30-cents to 32-cents per share. This is Chemed's 197th consecutive quarterly dividend in its 49 years history it has been a public company.
Chipotle Mexican Grill is bullish as its uses its digital fundraising platform for the first time
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Chipotle Mexican Grill, Inc. (NYSE:CMG) hit a new 52-week high of $1310.28
Chipotle Mexican Grill will use its new fundraising technology to help needy students returning to school. This will be the company's first-ever digital program and will seek to support needy students in the country by offering 33% of the money raised.
The company has raised over $50 million in the last decade towards education projects. Chipotle Mexican Grill has reduced its operations in the last few months due to the impact of COVID-19.
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COMTEX_370478658/2700/2020-09-01T09:02:46
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