-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们将12个月目标价下调2加元至112加元，基于2026年每股收益预期为20倍（此前为21倍），低于该股过去10年平均预期市盈率22倍。我们将2026年每股收益预期从4.05美元上调至4.06美元（5.60加元），并将2027年每股收益预期从4.29美元上调至4.32美元（5.96加元）。鉴于第一季度财报显示汉堡王同店销售增长势头良好（+5.8%），但牛肉成本（供应链销售成本+13.7%）和Popeyes同店销售持续下滑（-6.5%）也构成压力，我们重申“持有”评级。 该公司2026年初的同店销售额增长3.2%，营业收入增长13%，有望超过其3%和8%的长期增长目标。我们对汉堡王同店销售额的增长势头感到鼓舞，这表明其业绩正在好转。然而，牛肉价格上涨带来的成本压力抵消了这一增长势头。此外，第一季度餐厅增长率环比下降56%，表明仍有许多工作要做，尽管管理层预计全年增长速度将加快。尽管如此，我们认为今天的股价反应表明投资者意识到执行风险较高。
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Sector Update: Health Care
Health care stocks were higher late Wednesday afternoon, with the NYSE Health Care Index increasing 0.3% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 0.2%.The iShares Biotechnology ETF (IBB) climbed 2.1%.In corporate news, DaVita (DVA) shares jumped past 21% after Deutsche Bank upgraded the stock to buy from hold and boosted its price target to $220 from $126, a day after the company reported better-than-expected Q1 results.
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US Markets
New Home Listings Growth Outpaces Sales For First Time in 2026, Zillow Says
New for-sale home listings in the US grew at a faster rate annually than sales for the first time this year as elevated mortgage rates stalled recovery, Zillow Group (Z, ZG) said Wednesday.New listings rose 2.1% year over year to 426,356 units in April, while sales eased 0.4% to 323,631 units, according to the real estate marketplace. Active inventory increased 3.7% last month, putting the total number of for-sale homes at 1.3 million."The spring rebound we anticipated at the start of the year and that produced the stronger sales figures in March was put on pause in April by higher rates," Zillow Chief Economist Mischa Fisher said. "Still, someone who held off in 2025 hoping conditions would improve has seen that improvement."Last week, the average interest rate for 30-year fixed mortgages with conforming loan balances of $832,750 or less increased to 6.45% from 6.37% sequentially, a report by the Mortgage Bankers Association showed Wednesday.The monthly mortgage payment on a typical home in the US dropped 3.4% annually to $1,829 last month, while home values rose 0.7% to $366,712, Zillow said.The share of listings with a price reduction was 23.5% in April, down one percentage point from a year earlier, but up 0.9 percentage point sequentially.Despite the recent rise in mortgage rates, buyers who waited out the market of 2025 are entering on slightly better terms this spring, with more options, improved affordability and a little more decision time, according to Zillow."With more homes to choose from and lower monthly costs than a year ago, the math has shifted in favor of buyers even if the moment may not feel like it," Fisher said. "There's still plenty of reason for optimism that we will see a quick rebound if rates cooperate."On Tuesday, government data showed that new-home sales in the US grew past Wall Street's estimates for March, driven by a demand surge in the Northeast region.Price: $44.82, Change: $+1.28, Percent Change: +2.94%
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Sectors
Sector Update: Consumer
Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.9%.In corporate news, Restaurant Brands International's (QSR) Q1 earnings and revenue topped Wall Street's estimates Wednesday, while the restaurant operator's comparable sales growth was in line with consensus. Its shares were down 5.9%.
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