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Calls Of Note: The Street's Research Moving Stocks This Wednesday
Wednesday, August 5, 2015 - 1:38pm | 1299The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Bank Of America: Downgrading Vishay To Underperform Ruplu Bhattacharya of Bank of America downgraded shares of Vishay Intertechnology (NYSE: VSH)...
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How Tasty Is Kona Grill Stock?
Tuesday, August 4, 2015 - 11:52am | 530Kona Grill Inc (NASDAQ: KONA) reported its second-quarter results after Monday's market close. The restaurant operator reported a loss of $0.01 on revenue of $36.2 million versus analyst expectations for a $0.01 per share profit on revenue of $35.93. Shares traded recently at $21.27, up...
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Buffalo Wild Wings Purchases 41 Restaurants: Here's What Two Analysts Are Saying
Friday, June 12, 2015 - 12:53pm | 397Buffalo Wild Wings (NASDAQ: BWLD) on Thursday announced its plan to acquire 41 franchise units across three states for $160 million. Here are what two of Wall Street's top analysts are saying: Sterne Agee CRT: Acquisition Should Be Accretive To Earnings Lynne Collier of Sterne Agee CRT...
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Which Companies Could Avian Flu Hurt The Most?
Thursday, May 28, 2015 - 11:29am | 461In a report published Thursday, Wunderlich analyst Robert Derrington discussed which companies faces the most risk from the Avian Flu epidemic. Derrington cited commodity experts at the American Restaurant Association (ARA) who noted that further risks continue. The organization suggested that...
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Rental Revenue Stream: The Enabler For Jack In The Box
Friday, May 15, 2015 - 12:31pm | 327Jack in the Box Inc. (NASDAQ: JACK) came out with better-than-expected earnings on Thursday. Robert Derrington, Wunderlich Securities senior restaurant analyst, was on CNBC recently to discuss the rental revenue stream of the company and to share his outlook for the stock. Rent Revenue Is An...
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High Wing Prices Are Frustrating Analysts, Too
Monday, March 23, 2015 - 1:15pm | 360In a report published Monday, Wunderlich Securities analyst Robert Derrington commented that "frustratingly high" wing prices add earnings per share risk for Buffalo Wild Wings (NASDAQ: BWLD). According to Derrington, Buffalo Wild Wings remains one of the industry's "premier...
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What 3 Analysts Think Of Jack In The Box's Q1 Print
Wednesday, February 18, 2015 - 2:26pm | 491Following Jack in the Box Inc. (NASDAQ: JACK) first quarter print on Tuesday, several analysts offered their opinion. Shares traded recently at $93.92, up 6.5 percent. Barclays: Déjà Vu, Again In a report published Wednesday, Barclays analyst Jeffrey Bernstein said that Jack...
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Wunderlich Securities Cautious On Chipotle Mexican Grill Ahead Of Earnings
Monday, February 2, 2015 - 11:47am | 237Robert Derrington of Wunderlich Securities on Monday commented in a note that despite encouraging macro trends investors should maintain a cautious tone on Chipotle Mexican Grill, Inc. (NYSE: CMG) ahead of its fourth-quarter print on Tuesday. Shares are Hold rated with a price target raised to...
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Wunderlich Downgrades Panera Bread, Cites Valuation Reasons
Tuesday, January 20, 2015 - 10:10am | 113Robert Derrington of Wunderlich Securities on Tuesday downgraded shares of Panera Bread Co (NASDAQ: PNRA) to Hold from Buy as shares have appreciated to within 8 percent of his $185 price target. Derrington notes that Panera Bread is expected to improve its same-store sales throughout 2015 and 2015...
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Wunderlich Initiates Coverage On Chuy's Holdings, Notes Weak 2014 Adds Uncertainty To 2015
Tuesday, December 23, 2014 - 10:33am | 184Robert Derrington of Wunderlich Securities initiated coverage of Chuy's Holdings Inc (NASDAQ: CHUY) on Tuesday with a Hold rating and $22 price target. “As one of the restaurant industry's fastest growing companies, we believe Chuy's Holdings holds the potential for considerable appreciation...
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Wunderlich: Better Macro Trends Supports 2015 Restaurant Outlook
Wednesday, December 10, 2014 - 10:22am | 242Robert Derrington of Wunderlich Securities commented in a note on Wednesday that restaurant industry sales trends are poised for some of the strongest monthly gains in recent memory which bodes well for the group's 2015 outlook. According to Derrington, an improving U.S. macro backdrop along with...
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Wunderlich Securities Raises Jack In The Box Price Target
Tuesday, November 25, 2014 - 9:36am | 140On Tuesday, analysts at Wunderlich Securities increased the price target on shares of Jack in the Box Inc. (NASDAQ: JACK) from $77 to $88 and reiterated the Buy rating. Robert Derrington stated, "we believe its fast-growing Qdoba Mexican Grill brand is on the cusp of rolling out new food...
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Wunderlich Develops A Larger Appetite For Brinker International
Friday, October 31, 2014 - 10:57am | 205Brinker International, Inc. (NYSE: EAT) reported first quarter 2015 results on October 21. Revenue of $711.0 million topped the Street's estimates of $708.9 million while same-store sales rose 2.4 percent, also topping the Street's estimates of 2.3 percent. Earnings per share rose 16...
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Wunderlich Comments On The Cheesecake Factory Following Q3 Earnings
Thursday, October 23, 2014 - 8:41am | 178Following The Cheesecake Factory Incorporated's (NASDAQ: CAKE) third-quarter earnings miss, Wunderlich analyst Robert Derrington issued a note describing his take on the stock. Derrington began by noting the company posted EPS of $0.48, well below the consensus estimate of $0.57 and the...
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UPDATE: Bank Of America Raises Sonic Price Objective
Wednesday, October 22, 2014 - 9:25am | 112In a note issued Wednesday morning, Bank of America analyst Robert Derrington raised the price objective for Sonic Corporation (NASDAQ: SONC) from $26 to $28 and reiterated a Buy rating. Derrington commented, "We believe Sonic's unique drive-in experience, quality menu offerings and...