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What To Make Of Bed Bath & Beyond's Q4 Earnings
Friday, April 8, 2016 - 9:20am | 562Analysts were mostly bearish on Bed Bath & Beyond Inc. (NASDAQ: BBBY) despite reporting better-than-expected quarterly results and declaring its first-ever quarterly dividend. Wall Street, while enthused by the results, appears concerned on margin pressures. The retailer's earnings of $1.85...
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Why Bed Bath & Beyond May Miss Its 2016 Estimates
Thursday, March 31, 2016 - 2:51pm | 367Credit Suisse sees risk to Bed Bath & Beyond Inc. (NASDAQ: BBBY)'s 2016 estimates, as consensus includes lower expense growth and less gross margin degradation comparatively to 2015. "On similar or possibly lower top line growth, we believe that will be difficult to achieve. We now project EPS...
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GameStop Analysts Weigh In Following Mixed Q1, Concerning Outlook
Monday, March 28, 2016 - 1:43pm | 679GameStop Corp. (NYSE: GME) shares slipped as much as 6 percent Monday after it reported mixed quarterly results and a disappointing outlook. However, the shares recouped some of its losses. "While the specialty retailer beat EPS estimates by $0.15 at $2.40, they missed on revenue and provided poor...
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Credit Suisse Sticking With Auto Parts Retailers, Sees AutoZone At $750
Tuesday, February 9, 2016 - 9:24am | 565Shares of O'Reilly Automotive Inc (NASDAQ: ORLY), AutoZone, Inc. (NYSE: AZO) and Advance Auto Parts, Inc. (NYSE: AAP) have plunged over the past 5 trading days. Credit Suisse’s Seth Sigman maintained Outperform ratings for O’Reilly and Advance Auto, with price targets of $290...
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Credit Suisse Downgrades Pier 1 To Neutral, Cuts Target To $7
Friday, December 11, 2015 - 10:12am | 332The share price of Pier 1 Imports Inc (NYSE: PIR) has declined 58.31 percent year-to-date, trading a mere $0.07 above its 53-week low on December 8. Seth Sigman of Credit Suisse downgraded the rating on the company from Outperform to Neutral, while lowering the price target from $9.50 to $7.00....
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Credit Suisse's Top 10 Consumer Discretionary Stocks: J M Smucker Out, Kellogg In
Tuesday, December 8, 2015 - 9:46am | 772The consumer discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary SPDR (ETF) (NYSE: XLY) has gained 11.5 percent versus the S&P 500’s 0.7 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have...
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Credit Suisse Lowers DSW's Price Target
Wednesday, November 25, 2015 - 10:20am | 292Shares of DSW Inc. (NYSE: DSW) have been declining through 2015 and are down 37 percent year-to-date. Credit Suisse’s Seth Sigman maintained an Outperform rating on the company, while reducing the price target from $44 to $26. Structural opportunities do exist for the company, but...
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Analysts Don't Hate Home Depot After Earnings
Tuesday, August 18, 2015 - 12:10pm | 750Shares of Home Depot Inc (NYSE: HD) rose to new 52-week highs on Tuesday after the company reported its second-quarter results. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Credit Suisse: ‘Solid' Quarter Seth Sigman of Credit Suisse...
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Video Game Industry Outlook 'Still Blurry,' Credit Suisse Analysts Warn
Friday, July 24, 2015 - 11:51am | 402In a report published Friday, Credit Suisse analyst Seth Sigman detailed finds from a proprietary survey of 477 gamers (210 of which are Xbox One/PS4 gamers) and how this relates to the video game industry. Here are Sigman's main findings: Physical games, rather than downloads, are still the "...
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Credit Suisse Discusses Home Furnishings Stocks, Notes Low Expectations And Negative Investor Sentiments
Friday, June 12, 2015 - 10:03am | 385In a report published Friday, Credit Suisse analyst Seth Sigman commented on why he remains "mixed" on the Home Furnishings segment. "Home Furnishings is somewhat unique relative to our broader Hardline universe, offering low valuation, demand still below prior peak levels, and potential macro...
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What The Street Has Said About GameStop
Thursday, May 28, 2015 - 3:11pm | 540GameStop Corp. (NYSE: GME) reports Q1 results following the market close Thursday. The company has guided EPS at $0.57 on revenue of $1.986 billion. The Estimize consensus expected EPS of $0.58 on revenue of $2.039 billion, in line with the Wall Street consensus of EPS at $0.58 on revenue of $2...
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Credit Suisse: Still Some 'Splinters' In Lumber Liquidators
Friday, April 3, 2015 - 10:11am | 206Credit Suisse issued a special report on Lumber Liquidators Holdings Inc (NYSE: LL) after the company issued an earnings update in line with expectations. Credit Suisse rates Lumber Liquidators as Neutral with a $40 price target. Analysts Seth Sigman, Andrew Kinder and Melanie Appleby wrote, "...
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Credit Suisse Trims 2015 Estimates For Sportsman's Warehouse
Thursday, April 2, 2015 - 9:12am | 175In a report published Thursday, Credit Suisse analyst Seth Sigman reiterated an Outperform rating and $11.00 price target on Sportsman's Warehouse Holdings, Inc. (NASDAQ: SPWH). In the report, Credit Suisse noted, "SPWH navigated difficult weather and a promotional environment in Q4, delivering...
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Credit Suisse: We're Still Neutral On GameStop
Friday, March 27, 2015 - 8:22am | 159In a report published Friday, Credit Suisse analyst Seth Sigman reiterated a Neutral rating and $42.00 price target on GameStop Corp. (NYSE: GME). In the report, Credit Suisse noted, "GME reported Q4 results at the low end of its guidance and provided its initial 2015 outlook that came in...
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Credit Suisse Expects Focus On Software And Pre-Owned In 2015 For GameStop
Monday, March 23, 2015 - 9:04am | 143In a report published Monday, Credit Suisse analyst Seth Sigman reiterated a Neutral rating and $42.00 price target on GameStop Corp. (NYSE: GME). In the report, Credit Suisse noted, "We are expecting Q4 EPS results towards the low end of the guidance range, while guidance for 1Q15 and 2015 full...