The PBR1000 March 2021 Analytics Summary

The PBR1000 March 2021 Analytics Summary

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The 12 month timeframe from February, 2020, through January, 2021, covers the period from when the COVID-19 Pandemic took hold of the world, affecting everyone in a variety of ways. In this The PBR1000 Analytics Summary we look at the financial results and try to place it in perspective. The following table provides some of the data that highlights the effect of the pandemic.

12 Month Period 02/2019-01/2020 02/2020-01/2021
The PBR1000 Total Revenues $15.304 Trillion $14.919 Trillion
Percent Change               -2.52%
Average Profits to Revenues                +8.62%             +5.43%
Average Earnings Per Share                $4.24              $1.80
Number of Companies Paying Dividends                        716                      697
Total Dividends/Shares Paid           $ 1,233.85          $ 1,176.78
Average Annual Dividend /Share              $ 1.7233            $ 1.6883
     3/31/2019      3/31/2020
The PBR1000 Total of Stock Prices         $ 73,510.80       $ 124,713.97
12 Months Percent Change                -17.03%               69.65%
DJIA                -15.47%              50.48%
NASDAQ                 -0.38%              72.04%
SP500                 -8.81%               53.71%
Analyst Estimates      3/31/2019      3/31/2020
Total Number of Analyst Estimates                   14,724                   15,183
 Number of Buy Stocks (>4.50 to 5.00 Weighted Average)                        133                        155
 Overweight (>3.50 to 4.50)                       549                       550
Hold (>2.50 to 3.50)                       277                      264
Underweight (>1.50 to 2.50)                         27                        25
 Sell (1.00 to 1.50)                           8                          5
 No Estimate                           6                          1
Average Weighted Estimate                     3.88                    3.93
Total Market Capitalization   $ 24.390 Trillion  $ 38.589 Trillion

Some observations:

Revenues: Retailers, hospitality, and travel related industries were significantly adversely affected. On the other hand e-commerce, communications technologies, and healthcare industries were beneficiaries. The bottom line is that revenues fell only 2.52% from the 12 months ending January 31, 2020. Previous years had been gains of around 8%. The point is that while revenues took a hit, it was not as dramatic overall. What was affected was profits, earnings per share, and to some extent dividends. While there were negative and positive shifts in revenues, the bottom line is that it was almost a wash. Of course, these numbers reflect The PBR1000, the largest publicly held corporations in the US. Smaller businesses certainly were much more affected.

Stock Market: The stock market, which was in a long term bull market, took some big hits at the beginning of the pandemic. But as the table shows, the recovery was also very dramatic, one of the best years for equities investors. The Average Weighted Estimate, however, did not increase all that much, though there was a nice growth in number of Buy stocks.

Some Conclusions:

There was a shift and rebalancing of revenues in The PBR1000, with the total affect much less dramatic than for most smaller and midsize businesses.

The initial panic over the pandemic had a big effect on the stock market, but it recovered quite nicely. As industries that were the most negatively affected recover there should continue to be significant growth opportunities as the “new normal” sets in, the economy should have robust growth, and The Stock Market Bull should continue to dominate.

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PBRMarketTools.com provides The PBR1000, a compilation of 1,000 of the largest publicly held companies with primary operations in the US. These companies generate $15 trillion in annual revenues, more than all other US companies combined. The PBR1000 Monthly Snapshots provides these 1,000 companies in Excel format, includes 15 worksheets with 28 rankings, over 200 data/information points, hotlinks to key data, and important news items per company.

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Disclaimers: The PBR1000 is compiled from a variety of publicly available resources. As such, PBRMarketTools.com is not responsible for the data itself. Any liability for the representations or decisions based on the data is solely the responsibility of the authorized user, not PBRMarketTools.com, its employees or affiliates. PBRMarketTools.com is an independent business intelligence service providing news, data, and analysis. We provide information only and it should not be regarded as advice. PBRMarketTools.com is not a financial advisory or stock brokerage firm and has no affiliation with such organizations.

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