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Why Vista Outdoor Is Trading Higher Today
Thursday, May 27, 2021 - 4:27pm | 274Vista Outdoor Inc (NYSE: VSTO) is trading higher Thursday after receiving a pair of price target increases following the company's investor day event. What Happened: Vista Outdoor unveiled its value creation framework and long-term financial targets at its virtual investor day on...
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Recent Selloff In Nautilus Shares Has Created A Buying Opportunity
Monday, September 11, 2017 - 8:59am | 387Shares of Nautilus, Inc. (NYSE: NLS) have fallen 10 percent over the past three months, and the decline has created a buying opportunity, according to analysts at Aegis Capital Corp. The firm's Rommel Dionisio initiated coverage of Nautilus' stock with a Buy rating and $21 price target. Nautilus...
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Sure Shot: Analyst Initiates American Outdoor Brands With A Buy As Dealers Recover From Betting On Clinton Presidency
Tuesday, August 22, 2017 - 9:43am | 525American Outdoor Brands Corp (NASDAQ: AOBC) the parent company of the 165-year-old Smith & Wesson firearms maker, aims to profit from a reduction in inventories among dealers who mistakenly thought that the election of Hillary Clinton would boost gun sales. Aegis analyst Rommel Dionisio...
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Expect American Outdoor To Aim Conservatively When It Issues Guidance Next
Thursday, June 22, 2017 - 3:04pm | 356American Outdoor Brands Corp (NASDAQ: AOBC) will announce its fourth-quarter earnings on June 29, expected to be in line with guidance and consensus estimates. Wunderlich analyst Rommel Dionisio also expects the company to announce initial fiscal 2018 guidance. Dionisio reiterated a Hold rating and...
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One Trader's Options Bet On ZAGG Looks Like It May Pay Off
Wednesday, May 3, 2017 - 11:55am | 493Zagg Inc (NASDAQ: ZAGG) shares were up more than 5.2 percent Wednesday morning after the company reported Q1 revenue ahead of its previous guidance. For one trader in particular, the bullish earnings move may be an extremely profitable one if the stock picks up momentum. On Tuesday, Benzinga Pro...
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Firearms Seeing Sharp Increase In Promotions; Analyst Expresses Concern For American Outdoor Brands
Thursday, April 13, 2017 - 8:21am | 316Recent channel checks indicate a “continued high level of competitive promotions and discounting, along with still elevated inventory levels, particularly in the lucrative modern sporting rifle (MSR) category,” Wunderlich’s Rommel Dionisio said in a report. American Outdoor Brands...
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Sturm Ruger: Strong Brand, Weak Industry
Tuesday, March 14, 2017 - 8:41am | 406Sturm Ruger & Company Inc’s (NYSE: RGR) “well-known Ruger brand enjoys considerable brand equity, having been the top selling brand of firearms in the U.S. market in the past decade, with a top 3 presence in each of the rifle, pistol, and revolver categories.” Wunderlich...
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American Outdoor Brands: Smith & Wesson By Any Other Name Still Faces The Same Headwinds
Friday, March 3, 2017 - 3:19pm | 432Wunderlich reiterated its Hold rating on American Outdoor Brands Corp (NASDAQ: AOBC), formerly Smith & Wesson, after the company lowered FY 2017 guidance on cooling demand in its core firearm business. Third-Quarter Print American Outdoor Brands reported third-quarter revenue of $234 million,...
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Smith & Wesson Changes Name, But Competition Concerns Remain The Same
Monday, February 27, 2017 - 9:33am | 289Wunderlich recommends investors to remain on the sidelines on American Outdoor Brands Corp (NASDAQ: AOBC), formerly called Smith & Wesson, ahead of its third-quarter earnings on March 2. Analyst Commentary Analyst Rommel Dionisio estimates third-quarter revenue of $236 million and GAAP EPS of $...
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Wunderlich Says Second Arctic Cat Offer Unlikely
Tuesday, February 7, 2017 - 11:37am | 358“Given the significant and consistent operating losses Arctic Cat Inc (NASDAQ: ACAT) has displayed the past several years, worsening further still as we see in 3Q results, we view it unlikely that another strategic or financial buyer would be willing to pay a meaningful premium to the $18.50/...
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Callaway Golf's Impressive Market Share Gains Tempered By Modest Guidance
Friday, February 3, 2017 - 11:03am | 308Callaway Golf Co (NYSE: ELY) announced its 2017 guidance short of expectations. Given that the company continued to gain market share across product categories and positive channel checks for new 2017 products, management’s guidance could prove conservative, Wunderlich’s Rommel Dionisio...
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Polaris Downgraded: Turnaround Several Quarters Away
Wednesday, January 25, 2017 - 10:40am | 313Wunderlich’ Rommel Dionisio has downgraded Polaris Industries Inc. (NYSE: PII) to Hold from Buy, saying earnings recovery is still several quarters away. The brokerage will become constructive once the company’s off-road vehicle (ORV) unit shows significant improvement. The downgrade...
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Wunderlich A Polaris Bull Into Earnings Despite Cautionary Statements
Monday, January 23, 2017 - 10:02am | 273Wunderlich maintains its Buy rating on Polaris Industries Inc. (NYSE: PII) shares despite expecting continued challenges in the fourth quarter. Polaris plans to report its fourth quarter results and give initial 2017 guidance on January 24. The brokerage sees revenue of $1.02 billion and EPS of $1....
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Reminder: Shot Show Is Happening This Week
Tuesday, January 17, 2017 - 12:38pm | 361The Shot Show gets underway in Las Vegas Tuesday. The four-day event counts among its attendees, shooting, hunting and outdoor trade and commercial buyers and sellers of military, law enforcement and tactical products and services. Why Shot Show Is Important Many companies unveil new products...
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Wunderlich Very Bullish On Callaway's OGIO Acquisition
Thursday, January 12, 2017 - 9:25am | 322Callaway Golf Co (NYSE: ELY) announced the acquisition of OGIO International in an all-cash transaction. The acquisition broadens Callaway’s product platform in accessories and apparel, and it is expected to be earnings accretive from 2018, Wunderlich’s Rommel Dionisio said in a...