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Here's How To Play Your Active Lifestyle In The Market
Friday, April 29, 2016 - 7:57am | 495The Active Lifestyle Industry has been beset by a number of challenges. DA Davidson’s Andrew Burns said the number of bankruptcy filings year to date highlight the “multitude of headwinds” that sporting goods retailers are currently facing. “These headwinds include...
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Most Analysts Raising Targets On Lululemon Following Q4 Results
Thursday, March 31, 2016 - 12:41pm | 414Many Street analysts have raised the price target on Lululemon Athletica inc. (NASDAQ: LULU) shares following strong fourth quarter results, which topped Street's view. The apparel retailer reported earnings of $0.85 per share, $0.05 above the Street's consensus. Revenue of $704.28...
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Here's How Callaway Is Winning From Its Topgolf Investment
Wednesday, February 24, 2016 - 10:03am | 218D.A. Davidson's Andrew Burns upgraded the rating on Callaway Golf Co (NYSE: ELY) to Buy, while raising the price target from $10 to $12. "Coinciding with Providence Equity Partners acquiring a minority stake in Topgolf, ELY announced it will be participating in a Topgolf repurchase...
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Top Nike Analysts Love Recent Numbers
Wednesday, December 23, 2015 - 11:53am | 1043Shares of Nike Inc (NYSE: NKE) have appreciated 38.51 percent year-to-date, touching a high of $134.33 on November 27. Several top analysts recommended buying the stock, while one preferred to remain on the sidelines. The analysts believe that “Santa came early” for Nike this...
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D.A. Davidson: Buy These Sporting Firearm Stocks Into Hunting Season
Thursday, September 3, 2015 - 3:04pm | 305Cabelas Inc (NYSE: CAB), down 14 percent, and Sportsman's Warehouse Holdings Inc (NASDAQ: SPWH), up 84 percent, have diverged in performance this year. D.A. Davidson analyst Andrew Burns said that both stocks are Buy rated, with potential gains of 8 percent for Sportsman's Warehouse...
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Can Nike Post Double Digit EPS Growth? Crowd & Experts Differ
Wednesday, June 24, 2015 - 2:05pm | 303Nike Inc (NYSE: NKE) is scheduled to announce its fourth quarter financial results on Thursday afternoon, after the market closes. According to Estimize, the company is expected to deliver a year-over-year earnings growth rate in the 7.5 percent to 13 percent range. In the fourth...
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DA Davidson: Time To Buy Under Armour
Friday, June 5, 2015 - 9:37am | 310In a report published Friday, DA Davidson analyst Andrew Burns upgraded the rating on Under Armour Inc (NYSE: UA) from Neutral to Buy, while maintaining the $91 price target. The recent pullback in the stock, along with potential catalysts for 2H, offers an attractive investment opportunity in a...
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D.A. Davidson Reiterates Buy Rating, Raises PT On Pacific Sunwear Of California On Strong Finish To 2014
Thursday, March 26, 2015 - 7:49am | 154In a report published Thursday, D.A. Davidson analyst Andrew Burns reiterated a Buy rating on Pacific Sunwear of California, Inc. (NASDAQ: PSUN), and raised the price target from $3.25 to $4.00. In the report, D.A. Davidson noted, "PSUN reported comps, revenue and non-GAAP EPS of 6.0%, $231.6...
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D.A. Davidson Expects In-line Quarter And Healthy Earnings Growth Outlook For Sportsman's Warehouse
Tuesday, March 24, 2015 - 8:35am | 119In a report published Tuesday, D.A. Davidson analyst Andrew Burns reiterated a Buy rating and $13.00 price target on Sportsman's Warehouse Holdings, Inc. (NASDAQ: SPWH). In the report, D.A. Davidson noted, "Our estimates for comps, revenue, and EPS are -4.0%, $188.5 million and $0.21, compared to...
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D.A. Davidson Reiterates Neutral, Lowers PT On Zumiez As Disciplined Growth Strategy Yields Earnings Visibility
Friday, March 13, 2015 - 7:58am | 145In a report published Friday, D.A. Davidson analyst Andrew Burns reiterated a Neutral rating on Zumiez Inc. (NASDAQ: ZUMZ), but lowered the price target from $44.00 to $42.00. In the report, D.A. Davidson noted, "Zumiez reported revenue and EPS of $258.6 million and $0.80 ($0.60 GAAP), compared to...
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Analysts: Skullcandy Inc Facing Headwinds, But Clear Course
Saturday, March 7, 2015 - 9:18am | 242Skullcandy Inc (NASDAQ: SKUL) beat quarterly expectations recently but the shares sank 6 percent Friday, perhaps on concerns about narrower-than expected margins. The Park City, Utah-based maker of headphones closed recently at $10.43, down $0.64. Despite beating the Wall Street consensus for both...
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Analysts Like Cabelas Despite Recent Disappointments
Friday, March 6, 2015 - 3:23pm | 393Cabelas Inc (NYSE: CAB) got a thumbs up from several analysts Friday, despite the retailer's tough sledding of the past year, during which shares have fallen more than 16 percent. Shares of the sporting goods retailer changed hands recently at $56.48, up nearly 2 percent. Potential...
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Columbia Sportswear Shows Strength In U.S. & Canada, EMEA Ticks Down
Friday, February 13, 2015 - 9:52am | 177In a report published Friday, D.A. Davidson analyst Andrew Burns reiterated a Buy rating on Columbia Sportswear Company (NASDAQ: COLM), and raised the price target from $53.00 to $55.00. In the report, D.A. Davidson noted, "COLM reported revenue and EPS of $677.0 million and $0.79, compared to...
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D.A. Davidson Looks for Signs of Comp Stabilization for Cabela's
Tuesday, February 10, 2015 - 11:28am | 199In a report published Tuesday, D.A. Davidson analyst Andrew Burns reiterated a Neutral rating and $54.00 price target on Cabela's (NYSE: CAB). In the report, D.A. Davidson noted, "Our 4Q estimates for comps, revenue, and EPS are -5.0%, $1.287 billion and $1.37, compared to consensus at -5.7%, $1....
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D.A. Davidson Reiterates Neutral Rating, Raises Price Target On Under Armour On Stellar 4Q Revenue Growth
Thursday, February 5, 2015 - 10:03am | 157In a report published Thursday, D.A. Davidson analyst Andrew Burns reiterated a Neutral rating on Under Armour Inc (NYSE: UA), and raised the price target from $73.00 to $81.00. In the report, D.A. Davidson noted, "Impressive revenue beat fuels modest EPS upside. UA reported revenue and EPS of $895...