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Buckingham Pounds Table On Wayfair, Initiates At Buy With 28% Upside
Monday, April 11, 2016 - 11:47am | 241Wayfair Inc. (NYSE: W) reported $800M in revenues for FY15 and more than 4M in new active customers. Buckingham’s Kelly Halsor initiated coverage of the company with a Buy rating and a price target of $52. While the overall industry is growing at 2.5 percent per annum, industry sales of...
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This Math Says Spirit Airlines Has 44% Upside
Friday, March 25, 2016 - 2:17pm | 293In a new report, Buckingham analyst Daniel McKenzie discusses the firm’s bullish outlook for Spirit Airlines Incorporated (NASDAQ: SAVE). According to McKenzie, the airliner’s “very good” Q1 is no fluke. After meeting with company management, Buckingham is convinced that...
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JetBlue Seen As The 'Only' Logical Acquirer Of Virgin America, May Be Forced Into Deal
Thursday, March 24, 2016 - 1:43pm | 297Reports that Virgin America Inc (NASDAQ: VA) is considering buyout offers sent the stock soaring in Wednesday’s trading session. Although the identities of potential buyers have not been revealed, Buckingham analyst Daniel McKenzie sees JetBlue Airways Corporation (NASDAQ: JBLU) as the only...
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Delta Has 63% Upside, Buckingham Says
Wednesday, March 9, 2016 - 5:40pm | 268In a report issued Wednesday, Buckingham Research analysts Daniel McKenzie and Scott Park reiterated a Buy rating and $75 price target on Delta Air Lines, Inc. (NYSE: DAL). After factoring a 1 percent dividend yield, the price target implies an upside of roughly 63 percent from current stock...
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Play Strong Auto Sales Without Buying Car Stocks
Thursday, March 3, 2016 - 9:15am | 358The strong auto sales for the month of February bodes well for Sirius XM Holdings Inc. (NASDAQ: SIRI), Visteon Corp (NYSE: VC) and Tower International Inc (NYSE: TOWR). Auto sales in the United States have been healthier this year, with consumer demand for new vehicles strengthening. Companies such...
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Ford Hot On Social Media As 'Gymkhana 8' Circulates
Wednesday, March 2, 2016 - 2:01pm | 466Ford Motor Company (NYSE: F) is getting more traction on social media as Ken Block's Gymkhana EIGHT video uploaded on Ford Performance's YouTube page has garnered more than 3.5 million views. In the latest video, driver Ken Block performed some daring stunts with his Ford Fiesta. Gymkhana...
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The MAGIC Apparel Trade Show Just Shed Light On These Stocks
Thursday, February 18, 2016 - 12:06pm | 362After attending this year’s MAGIC apparel trade show, Buckingham Research Group analyst David Glick released a new report that includes his key takeaways from the conference. “Our meetings at the MAGIC apparel trade show in Las Vegas earlier this week reveal an industry undergoing...
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Buy Ford Over GM? This Analyst Says So After Looking At 2016 Picture
Monday, February 1, 2016 - 2:28pm | 247With global light-vehicle sales due out on Tuesday, Buckingham Research analyst Joseph Amaturo released a new report previewing what investors can expect and outlining the firm’s take on General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F). Amaturo is projecting U.S. light...
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Boeing To Trade 'Flat To Down' Going Forward, Buckingham Warns
Thursday, January 28, 2016 - 12:55pm | 353Boeing Co (NYSE: BA) on Wednesday released its Q4 2015 earnings, beating analysts' expectations on many fronts. While revenue was down compared to Q4 2014, it came in ahead of expectations (est. $23.40 billion, actual $23.60 billion). Boeing also beat analysts' consensus estimates for EPS...
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Buckingham Sees 40% Upside For Ford, Says Guidance Is Conservative
Wednesday, January 13, 2016 - 3:54pm | 241Ford Motor Company (NYSE: F) received a Buy rating with a price target of $18 by Buckingham Research Group on Wednesday. Despite Ford experiencing a record number of car sales, shares of Ford have fallen 5.79 percent over the past month. "We reiterate our BUY rating on shares of Ford (F...
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Buckingham: American Airlines Has 53% Upside
Wednesday, January 13, 2016 - 12:30pm | 250American Airlines Group Inc (NASDAQ: AAL) has a 53 percent upside, according to Buckingham Research Group. In a report released on Wednesday, the firm lifted its outlook and valuation, maintaining a Buy rating and raising their target price to $64 from $61. Buckingham's valuations imply a...
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Why J. C. Penney Had A Huge Start To 2016
Monday, January 4, 2016 - 7:47pm | 226One retailer had a huge start to 2016. A morning note from Buckingham Group mentioned that J C Penney Company Inc (NYSE: JCP) has been putting competitive pressure on Gap Inc (NYSE: GPS). The analysts, led by David Glick, said JC Penney is among the firm's top buys into earnings. Shares...
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Wall Street's Take On Under Armour Earnings
Friday, October 23, 2015 - 11:07am | 421Shares of Under Armour Inc (NYSE: UA) were down more than 4 percent on Friday following an earnings beat by the company. Under Armour reported Q4 EPS of $0.45 vs. consensus expectations of $0.44 and revenue of $1.204 billion versus consensus estimates of $1.176 billion. Why is the...
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Spirit Airlines Has 70% Upside, Says Buckingham's McKenzie
Tuesday, October 20, 2015 - 2:24pm | 317Spirit Airlines Incorporated (NASDAQ: SAVE) shares are down 42 percent year-to-date, after trading above the $80 mark in February. Buckingham's Daniel McKenzie maintained a Buy rating on the company, while reducing the price target from $90 to $72. Spirit’s shares plunged 15...
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JPMorgan: The Day After
Wednesday, October 14, 2015 - 1:24pm | 389JPMorgan Chase & Co. (NYSE: JPM) reported mixed Q3 earnings. Wall Street firms Macquarie, Buckingham, BMO and Morgan Stanley remain bullish on the stock. Oppenheimer is concerned by the company’s lack of revenue growth. On Tuesday, JPMorgan reported core earnings per share (EPS) of $1...