Growth Slows, Inflation Resurfaces: Markets Weigh Risks & Rate Divergence

Daily News Round Up

Thursday, 05 Jun 2025

  • Slowing Economic Growth and Rising Inflation Concerns are Intensifying. Multiple reports, including the Beige Book, weaker-than-expected ADP employment numbers (37k vs. 160k expected), and contracting services activity, point to a significant slowdown in U.S. economic growth. Simultaneously, data suggests potential for accelerating inflation, with rising prices paid in the ISM services report and a resumption of robust M2 money supply growth. (FMP) (Barrons) (Seeking Alpha)
  • Tariff Implementation & Trade Tensions are Heightening Market Uncertainty. The implementation of doubled tariffs on steel and aluminum, alongside ongoing trade tensions, is prompting concerns about increased costs for businesses and potential impacts on consumer prices, as evidenced by reports from the NYTimes and CNBC. While Barclays views the overall policy as less disruptive than feared, the market is reacting with volatility. A call between Presidents Trump and Xi is anticipated, potentially impacting the trajectory of trade relations. (Market Watch) (Barrons) (FMP)
  • Earnings Outlook Remains Mixed Amidst Sector-Specific Developments. While some companies reported positive earnings surprises (REV Group, Genesco), analysts are issuing cautious outlooks (Apple downgraded by Needham, Cracker Barrel showing potential despite inflationary pressures), impacting valuations. Tech continues to show strength (Amazon upgraded by JPMorgan) while retail faces headwinds (Victoria’s Secret data breach, Dollar Tree navigating tariffs). (FMP) (FMP) (FMP)
  • Central Bank Policy Divergence & Impact on Global Markets. The ECB is widely expected to cut interest rates while the Federal Reserve faces pressure to lower rates due to weakening economic data, as highlighted by President Trump. This divergence in monetary policy could impact currency valuations and capital flows, potentially benefiting European equities and putting pressure on the US Dollar. (WSJ) (Barrons)
  • AI & Automation Continue to Drive Investment & Innovation. Amazon is heavily investing in agentic AI for its fulfillment centers, aiming to improve efficiency and reduce costs, demonstrating the growing importance of automation. The potential for Tesla to enter the “Low Altitude Economy” as outlined by Morgan Stanley, presents a long-term growth opportunity within the sector and a possible significant valuation driver. (FMP) (FMP)

What happened yesterday?

Macro
Economic Growth: On Wednesday, the Dow Jones Industrial Average fell 92 points, a decrease of 0.2%, while the S&P 500 ended flat, and the Nasdaq Composite climbed 0.3%. The ADP National Employment Report showed 37,000 new private-sector jobs added in May, significantly below the consensus estimate of 160,000 and April’s revised figure of 60,000. Economists anticipate Friday’s Bureau of Labor Statistics report will show 130,000 jobs added, with an expected unemployment rate of 3.7%. The Fed’s Beige Book indicated that half of the districts reported slight to moderate declines in activity. President Trump called for the Federal Reserve to “LOWER THE RATE” in response to the ADP data. Trade tensions are anticipated to impact markets, with a call scheduled between President Trump and President Xi this week. Technology sector shares rose 0.3%, while Industrials and Materials lagged. (FMP)
Economic Growth: The news comes ahead of an ECB meeting Thursday when policymakers are expected to cut rates, which could free up borrowing restraints for manufacturers in the months ahead. (WSJ)
Economic Growth: The U.S. economy slowed to a crawl in May, with consumers pulling back on spending and businesses delaying hiring, according to the Federal Reserve‘s Beige Book survey released Wednesday. (Market Watch)
Inflation: The latest data suggest slowing economic growth with the potential for faster inflation. (Barrons)
Inflation: Is the best-known U.S. inflation report becoming less accurate because of the Trump administration’s hiring freeze? The federal agency responsible for collecting inflation data says no — but it admits all is not well. (Market Watch)
Inflation: Macro analysis is crucial—market flows and central bank actions drive trends more than pure valuation, which is why James Foord prioritizes a holistic, pragmatic approach. Bullish on AI, select growth stocks like Robinhood and HIMS, and sees value in oil plays and Bitcoin as inflation hedges amid macro shifts. (Seeking Alpha)
Inflation: The U.S. economy contracted over the past six weeks as hiring slowed and consumers and businesses worried about tariff-related price increases, the Fed reported. On inflation, the report described prices as rising “at a moderate pace and ” widespread reports of contacts expecting costs and prices to rise at a faster rate going forward. (CNBC)
Inflation: Next week will be fairly quiet week in terms of economic reports, though investors will be unpacking key inflation data on Wednesday and Thursday. (Schaeffers Research)
Inflation: Recent ADP and ISM services data were much weaker than expected, signaling potential trouble for the labor market and economic growth. Rising prices paid in the ISM services report suggest inflation may soon reaccelerate, possibly reaching 4%, reversing the recent disinflation trend. (Seeking Alpha)
Inflation: The US M2 money supply has resumed robust growth, signaling the start of a new, sustained monetary expansion cycle with major market implications. The Fed’s pivot away from aggressive tightening, regulatory easing, and increased bank lending are fueling this expansion—even before the official rate cuts arrive. (Seeking Alpha)
Inflation: The Labor Department says staffing shortages reduced its ability to conduct its massive monthly survey, forcing it to turn to less precise guesses. (WSJ)
Interest Rates: The ECB is widely expected to lower interest rates for the eighth consecutive meeting. (Barrons)
Interest Rates: Stocks ended the day mixed; services activity unexpectedly contracted in May. (WSJ)
International relations: Germany is the largest economy within the EU, and taken together, the EU accounts for even more trade with the U.S. than China. (Barrons)
International relations: Hang Seng rises toward 24,000 as Xi-Trump call speculation and services PMI boost risk sentiment, offsetting trade war fears and weak manufacturing. (FXEmpire)
International relations: Americans may soon feel the pinch at the pump and on their utility bills, even as the Trump administration and congressional Republicans remain laser focused on boosting U.S. energy production. (Market Watch)
Labour: Wall Street spent Wednesday wrapped in a shawl of soft data and political shouting, unsure whether to brace for frost or flirt with summer. May’s ADP report landed with the grace of a brick in a birdbath: just 37,000 private payrolls, a miss of 93,000 and the weakest showing since March 2023. (Seeking Alpha)
Labour: Private sector job growth slowed in May, declining to the lowest level seen in two years, ADP said Wednesday (June 4). (PYMNTS)
Labour: Average payroll gain over past three months is weakest in two years, leading Trump to push for lower interest rates. (Market Watch)
Labour: The Labor Department will release its monthly employment reading this Friday for the month of May. Employers are expected to add 125,000 jobs, below April’s mark but in-line with the pace expected for steady growth. (Seeking Alpha)
Policy: Barclays has raised its year-end 2025 S&P 500 target to 6,050, up from a previous 5,900 projection, joining Deutsche Bank, Goldman Sachs, and UBS in anticipating U.S. equity upside. The firm projects a 2026 S&P 500 target of 6,700, citing corporate earnings growth. Recent tariffs include a doubling of steel and aluminum import duties to 50%, effective Wednesday, with countries having until early July to present revised trade offers. Barclays views the overall policy trajectory as less disruptive than initially feared. Key headwinds include elevated interest rates, potential consumer spending weakness, and lingering volatility around tariff escalation. (FMP)
Policy: Elon Musk urges public to calls on lawmakers to ‘kill’ Trump’s fiscal bill (WSJ)
Policy: Federal Reserve Governor Michelle Bowman was confirmed to the central bank’s top regulatory post by the U.S. Senate on Wednesday, where she is expected to push an agenda aimed at easing rules for banks. (Reuters)
Policy: Economists and researchers see problems on several fronts with the bill as it stands now. (Barrons)
Trade: Gold prices eased slightly on Thursday, with spot gold falling 0.1% to $3,368.61 an ounce and gold futures for August dipping 0.2% to $3,382.65/oz. Despite this pullback, gold is up 2.4% for the week. U.S. tariffs were doubled to 50% on steel and aluminum, and a Wednesday deadline for new trade offers passed without resolution. The ADP payrolls data was softer than expected, increasing expectations of further Federal Reserve interest rate cuts this year. Friday’s nonfarm payrolls report will be closely watched. The U.S. dollar softened, further supporting prices. (FMP)
Trade: Europe’s biggest banks reported an 18% year-over-year increase in provisions for loan losses during the first quarter, amid warnings that uncertainty around international trade policy could hurt asset quality. Aggregate provisions among 45 of the region’s largest lenders rose to €11.48 billion from €9.72 billion in the first quarter of 2024 and €8.45 billion a year earlier. (Seeking Alpha)
Trade: US tariffs and the ensuing trade tensions are likely to indirectly impact China’s state-owned, global systemically important banks due to their limited overseas exposures. China is home to five global systemically important banks (G-SIBs), including Bank of China Ltd. (Seeking Alpha)
Trade: Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more. (NYTimes)
Trade: New data shows companies are passing along cost increases from tariffs to consumers despite President Donald Trump’s pressure not to. Formal data and anecdotal reports alike offer insight into how executives are carefully discussing U.S. trade policy behind the scenes. (CNBC)
Trade: U.S. President Donald Trump’s 50% tariffs on imported steel and aluminum took effect early Wednesday. So what’s the current state of all the Trump levies? (Market Watch)
Trade: U.S. trade wars turbocharged sales of new cars and trucks in the spring to a four-year high, but the mad dash by consumers to avoid tariff-related price increases ran out of gas in May. (Market Watch)

Industry
Consumer Goods: Popular vape brands like Geek Bar may get more expensive in the U.S. – if you can find them at all. (Reuters)
Pharmaceuticals: SCYNEXIS, Inc. (SCYX) is a biotechnology company developing therapies for infections. SCYNEXIS has a Return on Invested Capital (ROIC) of -60.19% and a Weighted Average Cost of Capital (WACC) of 9.98%, resulting in a ROIC to WACC ratio of -6.03. Competitor Cidara Therapeutics (CDTX) has a ROIC of -72.84% and a WACC of 7.71%, yielding a ROIC to WACC ratio of -9.45. Bellerophon Therapeutics (BLPH) demonstrates a ROIC of -728.98% and a WACC of 33.39%, producing a ROIC to WACC ratio of -21.84. (FMP)
Technology Hardware, Storage & Peripherals / Internet & Direct Marketing Retail: Amazon is embedding advanced “agentic AI” into its fulfillment centers via a dedicated Lab126 group to accelerate delivery times and reduce operational waste. This AI allows robots to interpret natural language commands and execute tasks autonomously. Current robots handle one function, while future agentic AI-powered robots could unload trailers, retrieve repair parts, and adapt to demand surges, such as during peak seasons like the holidays. The initiative aims to reduce downtime through real-time route and task optimization, optimize energy usage by consolidating movements, and enable smarter maintenance scheduling. Amazon expects a measurable reduction in its fulfillment centers’ carbon footprint. Despite significant R&D spending, Amazon maintains an investment-grade credit rating. The company’s robotics efforts place it within the “Technology Hardware, Storage & Peripherals” and “Internet & Direct Marketing Retail” industry categories, known for heavy capital expenditure on automation. The strategy envisions warehouses becoming “learning ecosystems” with expanded use cases, continuous improvement through machine learning, and scalability across regions. (FMP)

Corporate
Alibaba / JD.com: Alibaba (NYSE: BABA) shares rose by 3.4% and JD.com (NASDAQ: JD) shares increased by 2.6% on Wednesday, driven by strong results from China’s 618 Shopping Festival. Early sales data showed Alibaba’s Taobao and Tmall Group (TTG) experienced a 283% year-on-year surge in sales of subsidy-eligible electronics and appliances from May 13 to May 26. JD.com recorded a 380% year-on-year jump in similar categories during the first hour of its May 30 campaign launch. The growth is attributed to government-supported trade-in incentives offering up to 2,000 yuan ($278) per qualifying item. The 618 Festival, China’s second-largest e-commerce event after Singles’ Day (11.11), launched in 2010 and is part of an expanded national trade-in program for 2025 aimed at stimulating domestic consumption. (FMP)
Amazon: JPMorgan increased its price target for Amazon (NASDAQ:AMZN) to $240 from $225, maintaining an Overweight rating. E-commerce represents approximately 20% of U.S. adjusted retail sales, while 10% of IT spending has moved to the cloud. Amazon Web Services (AWS) holds an estimated 31% share of the global cloud market. JPMorgan anticipates multi-year operating margin expansion in North America and sustained improvements in free cash flow generation. (FMP)
American Public Education Inc.: On June 3, 2025, 325 CAPITAL LLC, a 10 percent owner of NASDAQ:APEI, sold 54,913 shares at approximately $29.32 each, while still retaining 1,526,446 shares. APEI’s stock has risen 12.6% since Q1 2025 results announced on May 12, 2025, and increased 35.9% overall in 2025. Currently priced at $28.38 (down 2.63% or $0.77), the stock traded between $28.34 and $29.08 on June 3, 2025, with a trading volume of 25,482 shares. APEI’s market capitalization is approximately $511.88 million, with a 52-week high of $30.32 and a low of $11.80. (FMP)
Apple Inc: Apple’s request to delay court-ordered changes to its App Store policies was rejected by the 9th U.S. Circuit Court of Appeals, requiring immediate compliance with Judge Yvonne Gonzalez Rogers’ ruling regarding the antitrust battle with Epic Games. Apple must now prohibit its 27% fee for off-App Store purchases and ban restrictions preventing developers from linking users to external payment options. The initial 2021 ruling mandated developers could bypass in-app purchases. Epic Games, creator of *Fortnite*, alleged Apple’s practices involved monopolistic practices and commissions up to 30%. Apple’s services revenue, which includes App Store commissions, significantly contributes to earnings growth, and this ruling potentially opens the door to a revenue shift and could trigger similar challenges globally. (FMP)
Apple Inc: Needham downgraded Apple (NASDAQ:AAPL) from Buy to Hold, citing fundamental, competitive, and valuation headwinds. The firm reduced its earnings and revenue forecasts, noting slowing growth and increased competition, particularly concerning Apple’s platform fees and generative AI advancements. Apple’s current valuation is over 26 times projected 2026 earnings. Analysts suggest a potential entry point between $170 and $180, but believe a significant iPhone upgrade cycle, not expected within the next year, would be needed to regain momentum. Developing a new advertising revenue stream could substantially increase both top- and bottom-line growth. (FMP)
Bank of N.T. Butterfield & Son Limited / PJT Partners Inc. / Employers Holdings, Inc. / Northrim BanCorp, Inc.: The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) exhibits a Return on Invested Capital (ROIC) of 2.28%, which is below its Weighted Average Cost of Capital (WACC) of 6.86%. PJT Partners Inc. has a negative ROIC of -1354.55%, also below its WACC of 7.28%. Employers Holdings, Inc. demonstrates a ROIC of 44.44% against a WACC of 6.70%. Northrim BanCorp, Inc. has a ROIC of 17.34% versus a WACC of 13.83%. The ROIC to WACC ratio for NTB is 0.33, while Employers Holdings, Inc.’s ratio is 6.64. (FMP)
Ciena Corporation: Ciena Corporation (NYSE:CIEN) is scheduled to release quarterly earnings on June 5, 2025. Wall Street anticipates an EPS of $0.52 and revenue of $1.09 billion. The company projects Q2 revenue between $1.05 billion and $1.13 billion, a 20.3% increase year-over-year. The Zacks Consensus Estimate for earnings is 52 cents per share, a 92.6% rise year-over-year. Optical networking sales are projected to grow by 21% to $678.8 million, while the Blue Planet segment is expected to increase by 50% to $21.8 million. Historically, Ciena has experienced a negative one-day return following earnings announcements in 55% of cases over the past five years, with a median decline of 4.2% (with a maximum drop of 24.3%). Key financial metrics include a P/E ratio of 151.60, a price-to-sales ratio of 2.94, an enterprise value to sales ratio of 3.12, and a current ratio of 3.65. The company added 20 new WaveLogic 6 Extreme customers in Q1 and plans a nano pluggable product launch in fiscal 2025. (FMP)
Coinbase Global, Inc.: Coinbase Global, Inc. (NASDAQ:COIN) is under investigation by Pomerantz LLP for potential securities fraud following a data breach reported on May 5, 2025. The breach, stemming from a vulnerability in TeleMessage exploited by a cybercriminal and involving insider wrongdoing since December 26, 2024, resulted in a $20 million ransom demand. On May 15, 2025, CEO Brian Armstrong confirmed customer data was accessed, causing the stock price to drop $18.97 (7.2%), closing at $244.44. Armstrong sold 22,089 shares of Class A Common Stock on June 2, 2025, at approximately $247.08 per share, and now holds 3,437 shares. The current stock price is $256.21, a decrease of $2.70 (1.04%), with a 52-week range of $142.58 to $349.75 and a market capitalization of $65.26 billion, trading 4.37 million shares. Coinbase filed a Data Breach Notification on May 11, 2025. (FMP)
Cracker Barrel Old Country Store, Inc.: Cracker Barrel (NASDAQ: CBRL)’s consensus price target increased from $49.82 a year ago to $63 last month, and was $59 three months ago. Deutsche Bank analyst Brian Mullan set a price target of $106. Analysts cite menu revamps and customer loyalty improvements as positive factors, despite challenges from inflation and soft customer traffic. (FMP)
Dollar Tree (NASDAQ:DLTR): Dollar Tree (NASDAQ:DLTR) reported a net sales increase of 11.3% to $4.6 billion in its fiscal first quarter, exceeding the $4.53 billion forecast. Adjusted operating income rose 1.4% year-over-year to $388 million, resulting in adjusted earnings per share of $1.26. For fiscal 2025, the company projects net sales between $18.5 billion and $19.1 billion, with comparable store growth expected to be 3% to 5%. The company anticipates comparable sales for the current quarter near the top end of that range, despite potential headwinds from tariffs. Shares fell over 7% intra-day. (FMP)
DoorDash / Grubhub / Uber Eats: DoorDash, Grubhub, and Uber Eats settled a lawsuit with New York City concerning a permanent cap on delivery fees. Initially enacted in May 2020 as a temporary measure during the COVID-19 pandemic, the cap limited food delivery fees to 15% and marketing/service fees to 5%, in response to commission fees often exceeding 30%. The cap became permanent in August 2021, prompting the lawsuit alleging violations of constitutional rights and resulting in hundreds of millions in lost revenue. The settlement, filed in Manhattan federal court, allows for occasional higher charges than the current cap and requires the New York City Council to enact proposed changes, dismissing the lawsuit with prejudice. The legal battle lasted nearly three years, and the final terms are contingent on City Council approval. (FMP)
General Motors (GM): Citigroup maintained a “Buy” rating for General Motors (NYSE:GM) on June 4, 2025, with a stock price of approximately $47.79, which later increased to $47.81, a decrease of 2.55% from a previous point. The stock’s trading range today was between $47.66 and $49.05, with a market capitalization of $45.96 billion and a trading volume of 5,823,309 shares. GM sold over 2.7 million vehicles in 2024, a 4% increase year-over-year. Globally, Toyota sold 10.8 million vehicles last year compared to GM’s 6 million, with Toyota planning to reach 10.4 million units in fiscal 2026. GM has recently cut its 2025 EBIT outlook and paused share buybacks, citing tariffs and supply risks. Over the past year, GM’s stock price fluctuated between a high of $61.24 and a low of $38.96. (FMP)
Genesco (NYSE: GCO): Genesco (NYSE: GCO) reported a first-quarter adjusted loss of $2.05 per share, an improvement from $2.10 a year prior. Revenue increased by 4% year-over-year to $474 million, with comparable sales up 5%. The Journeys brand saw an 8% sales increase, and e-commerce rose 7%, representing nearly 25% of total retail sales. Genesco reaffirmed its full-year adjusted EPS guidance of $1.30 to $1.70 and raised its full-year sales outlook to a growth range of 1% to 2% (previously flat to 1%). Shares increased by over 15% intra-day. (FMP)
REV Group: REV Group (NYSE:REVG) reported second-quarter adjusted earnings per share of $0.70, exceeding the projected $0.55. Revenue reached $629.1 million, surpassing estimates of $603.5 million and representing 2% year-over-year growth. Excluding bus operations, net sales increased by 7.7%. Adjusted EBITDA rose to $58.9 million from $37.5 million in the prior year. The company repurchased 2.9 million shares for $88.4 million. REV Group raised its fiscal 2025 revenue forecast to $2.35 billion to $2.45 billion, up from the previous $2.3 billion to $2.4 billion. Shares rose more than 16% intra-day. (FMP)
REV Group, Inc.: On June 4, 2025, REV Group (NYSE:REVG) reported an Earnings Per Share (EPS) of $0.70, exceeding the estimated $0.59 and up from $0.39 in the same quarter the previous year. Revenue for the quarter ending April 2025 was $629.1 million, surpassing the $614.8 million estimate and increasing from $616.9 million a year ago; this represents a 5.44% increase over the Zacks Consensus Estimate. The earnings surprise was 18.64%, following a 37.93% surprise in the prior quarter where EPS was $0.40 against an estimated $0.29. Key financial ratios include a P/E ratio of 25.55, a price-to-sales ratio of 0.97, an enterprise value to sales ratio of 1.03, a debt-to-equity ratio of 0.40, a current ratio of 1.93, and an earnings yield of 3.91%. (FMP)
Tesla Inc: Morgan Stanley projects the “Low Altitude Economy” to reach a $9 trillion total addressable market (TAM) by 2050, suggesting Tesla is well-positioned to enter the drone and electric vertical takeoff and landing (eVTOL) market. The firm cites a Ukrainian drone offensive on Russian air bases as a “wake-up call” highlighting the strategic importance of unmanned aerial systems. Tesla possesses competitive advantages in battery technology, navigation/AI autonomy, and scalable manufacturing. CEO Elon Musk stated that the U.S. currently lacks domestic drone manufacturing capacity at scale. Morgan Stanley estimates Tesla’s involvement in eVTOL could add $100 per share in a low-end scenario and $1,000 or more per share in a high-end scenario to its valuation. Tesla has not formally disclosed plans in aviation or drone tech. (FMP)
Thor Industries (NYSE:THO): THOR Industries (NYSE:THO) reported adjusted earnings of $2.53 per share for its fiscal third quarter, exceeding analyst projections of $1.76. Revenue reached $2.89 billion, surpassing the $2.6 billion consensus estimate and representing a 3.3% year-over-year increase. Sales in the North American towable RV segment increased by 9.1%, contributing to an 18.1% year-over-year rise in net income to $135.2 million. The company reaffirmed its full-year 2025 guidance of revenue between $9.0 billion and $9.5 billion and earnings per share between $3.30 and $4.00. (FMP)
THOR Industries, Inc: THOR Industries (NYSE:THO), a recreational vehicle manufacturer, currently trades at $85.77, up 4.08% from $82.41 on June 4, 2025. Michael Swartz of Truist Financial set a price target of $78 for THO on June 4, 2025, representing a -5.35% difference from the then-current price. The company anticipates third-quarter earnings of $1.80 per share, a decrease from $2.13 per share the previous year, and projected revenue of $2.61 billion, down from $2.8 billion year-over-year. During the trading day, the stock fluctuated between $84.17 and $91.38, with a 52-week range of $63.16 to $118.85. THO’s market capitalization is approximately $4.56 billion, with a trading volume of 1,860,409 shares, and recently appointed Seth Woolf as Head of Corporate Development & Investor Relations. (FMP)
Victoria’s Secret & Co. (VSCO): Goldman Sachs analyst Brooke Roach set a $15 price target for Victoria’s Secret (VSCO), representing a potential 26% decrease from its current trading price of $20.24. The stock experienced a slight decrease of 0.10%, a change of $0.021, fluctuating between $19.70 and $20.53 today. Over the past year, the stock has ranged from $13.76 to $48.73. Victoria’s Secret’s market capitalization is approximately $1.62 billion, with a trading volume of 1,792,331 shares. A security breach affecting its IT systems occurred starting May 24, 2025, causing a three-day website shutdown, which concluded on May 29, 2025. Despite this, the company expects to meet or exceed the high-end of its guidance ranges for Q1 2025, including net sales, adjusted operating income, and adjusted diluted earnings per share. (FMP)
Yum! Brands Inc: Yum! Brands (NYSE:YUM) stock has increased 0.8% to $145.07, with a year-to-date gain of 8.7%. CEO Mezvinsky Scott sold 268 shares at $145.97, retaining 1,755 shares. The stock is near a bullish trendline and attempting to close a bear gap from April 4, when it dropped 8.4%. It is within one standard deviation of its 126-day moving average, a level it has maintained for 80% of the last two months, and has been above this trendline in at least eight of the last ten trading days. Goldman Sachs upgraded YUM’s rating from “Neutral” to “Buy.” Financial metrics include a P/E ratio of 28.41, price-to-sales ratio of 5.19, enterprise value to sales ratio of 6.58, enterprise value to operating cash flow ratio of 29.44, an earnings yield of 3.52%, a debt-to-equity ratio of -1.46, and a current ratio of 1.40. (FMP)