-
Best Buy Earnings Preview: Is The Turn-Around Still On Track?
Monday, August 25, 2014 - 2:20pm | 1010Read More...Best Buy (NYSE: BBY) will report its second quarter results before markets open on Tuesday, August 26. Best Buy last reported its quarterly results on May 22. The retailer earned $0.33 per share, topping analyst expectations by $0.13. However, revenue declined 3.4 percent from a year ago to $9....
-
Is Best Buy a Buy, Hold or Sell?
Friday, January 17, 2014 - 11:14am | 593Read More...According to Barron’s, it’s “good-bye” time, not “buy” time for Best Buy (NYSE: BBY). It did not help that holiday sales fell almost a full percent compared to the two percent gain analysts expected. In addition, the company expects to report a decline in Q4 operating profit on February 27....
-
UBS Investment Research Reiterates on Dick's Sporting Goods on Expected EPS Upside
Monday, November 18, 2013 - 11:28am | 149Read More...In a report published Monday, UBS Investment Research analyst Michael Lasser reiterated a Buy rating and $59.00 price target on Dick's Sporting Goods (NYSE: DKS). In the report, UBS Investment Research noted, “We think DKS is in a position where it needs to restore a positive earnings revision...
-
Holiday Overview of Best Buy
Monday, November 11, 2013 - 12:21pm | 688Read More...With the Holiday Season in full swing, analysts comment on improvements by Best Buy (NYSE: BBY) and increase estimates before the company's report on third quarter results. On October 21, ISI analyst Greg Melich raised 2013 EPS from $2.35 to $2.45 and 2014 EPS from $2.65 to $2.80. Melich...
-
UPDATE: UBS Investment Research Upgrades Best Buy as Risk/Reward is Skewed to Upside
Monday, November 11, 2013 - 11:49am | 145Read More...In a report published Monday, UBS Investment Research analyst Michael Lasser upgraded the rating on Best Buy (NYSE: BBY) from Neutral to Buy, and raised the price target from $35.00 to $49.00. In the report, UBS Investment Research noted, “The move in BBY's share price this year has been all about...
-
Retail Hardlines Picks: RadioShack and O’Reilly (RSH, ORLY, LOW, AAPL)
Thursday, January 14, 2010 - 5:42pm | 282Read More...Michael Lasser, an analyst at Barclays, has rated RadioShack (NYSE: RSH) and O’Reilly (NASDAQ: ORLY) as top picks for 2010 in the retail hardlines sector. RadioShack could see solid growth in the wireless segment as it benefits from the recent T-Mobile agreement and the addition of iPhone. This...
