About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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High-Yielding Kraft Heinz Gains Momentum In Q2

Kraft Heinz stock price

Kraft Heinz (NASDAQ: KHC) is facing headwinds like all staples companies, but the Q2 results show the turnaround strategy is still working, and the company is gaining momentum. The primary takeaway is that growth is on the table, and margins are widening and will help facilitate growth over the next few years.

With shares trading at nearly the lowest valuation of any consumer staple stock and operational improvements taking hold, the question is when the multiple expansion will begin and it could be soon. The Q2 results were mixed but strong enough for the company to reiterate the guidance.

That alone creates a situation in which results and outlook are not-as-bad-as-expected; if business momentum continues to build, the guidance may be improved again later in the year. 

Kraft Heinz Overcomes Headwinds 

Kraft Heinz had a solid quarter with growth in all regions and operating segments. The company reported $6.72 billion in net revenue for a gain of 2.6% compared to last year.

The growth is slightly below the Marketbeat.com consensus but not significantly so, and the margins came in wider than expected to offset the weakness. On an organic basis, growth topped 4%, driven by an 11% increase in systemwide pricing and a 7% decline in volume. The volume decline is attributed to elasticity which is not good news.

Still, no more significant pricing actions are expected, and volume will build over the next few quarters as growth efforts gain traction. On a regional basis, North American growth markets advanced by 0.8%, core Kraft Heinz grew by 2.6%, and International growth markets by 8.5%. 

The margin news is the best of the report, with gross and operating margins expanding compared to last year. The gross margin expanded by 337 basis points, 180 adjusted, the drive a +100% increase in cash from ops and a nearly 4X increase in net income. Adjusted net income is up 6% compared to last year, outpacing the top-line 2.6%, with adjusted EPS of $.79 growing nearly 13% YOY and outpacing consensus by 400 bps.

The margin strength was good enough for the company to raise its earnings guidance while reiterating the revenue outlook, which calls for 4% to 6% organic growth this year. Adjusted earnings are expected from $2.83 to $2.91 compared to the $2.89 consensus figure; not a catalyst for a significant rally but better than the whisper numbers feared. 

The Kraft Heinz Value Proposition: Deep Value-High Yieid

The primary attraction of Kraft Heinz shares is the deep value and high yield. The stock trades at only 12.5X its earnings outlook, which is about ⅓ of the valuation of the highest-flying staples like McCormick (NYSE: MKC) and half of Hormel (NYSE: HRL).

McCormick trades closer to 33X its earnings while paying less than half the yield of KHC; Hormel trades close to 24X. MKC shares yield less than 2%, Hormel about 2.65%, while Kraft pays more than 4.0%. McCormick isn’t growing faster than Kraft but has a better dividend outlook-McCormick has been growing its distribution while Kraft has been working on a business turnaround.

The ultimate difference is that MKC investors are more likely to experience a price-multiple contraction. Kraft yields more and is on track for a price-multiple expansion that could double the share value over the next few years. 

The Technical Outlook: Kraft Heinz Is Range Bound 

Shares of KHC stock have been range bound the last 2 years and may remain that way until later this year. However, the stock is trading near the bottom of the range and showing support that could increase it over the next few months. The next major hurdle is near $36.50, a move above that could lead the market up to the top of the range near the $40-$42.50 range.  

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