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Street Is Bullish On Five Below After Q3 Sales Beat
Thursday, December 5, 2019 - 2:00pm | 521Five Below Inc (NASDAQ: FIVE) shares are sharply higher after reporting a third-quarter sales beat on Wednesday. Five Below reported quarterly earnings of 17 cents per share, which met the analyst consensus estimate. The company reported quarterly sales of $377.4 million, which beat the analyst...
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Analyst Gives Warning On Whirlpool Following AHAM Data
Wednesday, November 20, 2019 - 1:59pm | 423Recent weakness in appliance shipment data is becoming a headwind for Whirlpool Corporation (NYSE: WHR). The Analyst Buckingham Research analyst Megan McGrath maintains a Neutral rating with a $150 price target. The Thesis The Association of Home Appliance Manufacturers (AHAM) released data on...
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Delta's Mixed Earnings: CEO, Analysts Speak Up
Friday, October 11, 2019 - 11:25am | 586Delta Air Lines, Inc. (NYSE: DAL) shares took a hit Thursday following the company’s third-quarter earnings report. Despite beating consensus earnings numbers in the third quarter, Delta’s fourth-quarter guidance disappointed the market due to up to a 5% anticipated rise in costs. Delta...
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United Natural Foods Sinks After Rotten Q4 Earnings
Wednesday, October 2, 2019 - 1:11pm | 363United Natural Foods Inc (NYSE: UNFI) shares are getting crushed after reporting a fourth-quarter earnings miss on Tuesday. United Natural Foods reported quarterly earnings of 44 cents per share, which missed the analyst consensus estimate of 52 cents. The company reported quarterly sales of $6.41...
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Sell-Side: Wells Fargo's New CEO A Good Hire, But Don't Look For A Quick Fix
Monday, September 30, 2019 - 1:45pm | 681Wells Fargo & Co (NYSE: WFC)’s new CEO should bring some needed stability as the bank tries to get out from under regulatory restrictions, but a return to growth won’t happen overnight, sell-side analysts said from the sidelines Monday. The bank announced Friday that Charlie...
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Buckingham Likes America's Car-Mart After Strong Credit Environment Drives Big Quarter, Optimism
Friday, August 16, 2019 - 2:00pm | 365America's Car-Mart, Inc (NASDAQ: CRMT) smashed quarterly earnings estimates, and Buckingham Research said the credit environment is likely to be an “ongoing gift to shareholders.” The Analyst Buckingham’s Hugh Miller kept a Buy rating on the stock with a $105 target price. The...
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Sysco Delivers: Street Remains Bullish On Food Service Company After Q4 Beat
Tuesday, August 13, 2019 - 11:56am | 480Wall Street analysts remained bullish on Sysco Corporation (NYSE: SYY) Tuesday after the food distributor beat expectations on earnings despite lower volume growth thanks to strong cost containment. Sysco posted fourth-quarter earnings of $1.10 per share, topping the Street’s $1.06 estimate,...
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'A Clearer Path To Earnings Growth': KB Home's Strong Q2 Triggers Analyst Upgrades
Thursday, June 27, 2019 - 11:44am | 424Shares of KB Home (NYSE: KBH) were surging Thursday after the homebuilder posted stronger-than-expected second-quarter results, bolstering sentiment in the closely watched sector and leading two sell-side analysts to upgrade the stock. The most appreciated part of the report on the...
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Carnival Cruise Analyst Stays Bullish Amid 'Brexit Chaos'
Wednesday, March 27, 2019 - 2:16pm | 388Coming off a first-quarter earnings beat Tuesday, Carnival Corp (NYSE: CCL) shares still fell significantly after delivering disappointing second-quarter and FY19 guidance — but one analyst is staying the course on the company. The Analyst Buckingham Research analyst Daniel...
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Skechers Shares Jump After Q3 Earnings Beat, Analysts Lift Price Targets
Friday, October 19, 2018 - 3:50pm | 439Skechers USA Inc (NYSE: SKX) are soaring higher after reporting a third-quarter earnings beat after the close Thursday. The Manhattan Beach, California-based footwear brand delivered Q3 earnings of 58 cents per share, beating estimates by 6 cents. While the footwear maker missed ...
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What The Kaepernick Campaign Means For Nike
Tuesday, September 4, 2018 - 4:52pm | 889Nike Inc (NYSE: NKE)'s decision to enlist Colin Kaepernick among others in a powerful advertising campaign has captivated many. Both #Nike and #BoycottNike were trending by Tuesday morning. Some called it one of the most controversial decisions Nike has ever made, a bold claim for a...
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Wall Street Weighs In On Five Below's Q1 Earnings
Thursday, June 7, 2018 - 5:19pm | 591Five Below Inc (NASDAQ: FIVE) shares rose 22 percent Thursday after the retailer's first-quarter earnings and sales beat. Discount retail remains one of the brightest spots in brick-and-mortar retail. On a scale of one to five, Five Below's Q1 print would rate "pretty close to a...
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The Power Of Spotify Playlists Could Ward Off Aggressive Labels, Analyst Says In Upgrade
Thursday, June 7, 2018 - 10:09am | 477Despite rolling back its “hateful content” policy on May 30, which had banned rappers R. Kelly and XXXTentacion from being placed on popular playlists, Spotify Technology (NYSE: SPOT) has demonstrated the power it has in promoting artists. This power was confirmed by a recent European...
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Could Spotify's Stock Benefit From A Tencent Music IPO?
Thursday, May 17, 2018 - 4:06pm | 455The massive IPO that Tencent Music is reportedly pursuing benefits Spotify Technology SA (NYSE: SPOT)'s valuation by validating streaming services, according to Buckingham Research Group. The Analyst Aanalyst Matthew Harrigan maintains a Neutral rating on Spotify with a $175 price...
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Buckingham Expects Allegiant To Soar In Second Half Of 2018
Thursday, April 26, 2018 - 5:12pm | 364Before Thursday, Allegiant Travel Company (NASDAQ: ALGT) had descended 20 percent from its March high. Now, after the company reported a significant first-quarter beat, one sell-side analyst finds the valuation attractive. The Rating Buckingham Rersearch Group analyst Daniel McKenzie...