Timothy Conder

Toy companies were first caught in the middle of the U.S.-China trade war and could now be affected by the COVID-19 virus outbreak. Whatever challenges they face, children and adults alike still need their toys. Here are four reasons from Mattel Inc (NASDAQ: MAT) analysts to buy the toy...

The post-Toys-R-Us toy market is thriving. Mattel Inc (NASDAQ: MAT) surged Wednesday after outperforming Street estimates in its third-quarter earnings report. The Earnings With help from Barbie and Hot Wheels, Mattel beat consensus estimates on sales, cost savings and earnings before interest, tax...

Investors in two large American theme park operators may be in for an interesting ride. Sell-side analysts are expressing doubts about the wisdom of a reported effort by Six Flags Entertainment Corp (NYSE: SIX) to seek a merger with Cedar Fair, L.P (NYSE: FUN). The Report Reuters said...

The 2019 PGA Tour playoffs are underway, and analysts had plenty to say about the golf industry on Friday. Callaway Golf Co (NYSE: ELY) reported a solid second-quarter earnings and sales beat Thursday that also saw the company announce a $100-million buyback plan. The company also raised its...

Camping World Holdings Inc (NYSE: CWH) shares were crushed Thursday, one day after reporting a second-quarter earnings miss. The RV retailer reported second-quarter earnings of 46 cents per share, missing estimates by 23 cents. JPMorgan JPMorgan analyst Ryan Brinkman downgraded Camping World from...

Speedway Motorsports, Inc. (NYSE: TRK) and International Speedway Corp (NASDAQ: ISCA) were downgraded Monday by Wells Fargo.  The Analyst  Timothy Conder downgraded Speedway Motorsports from Market Perform to Underperform and maintained a $16 price target. The analyst downgraded...

Six Flags Entertainment Corp (NYSE:SIX) is receiving an upgrade on brighter days ahead. The Analyst and Rating Wells Fargo analyst Timothy Conder raised his rating from Market Perform to Outperform and raised his price target from $52 to $56. The Thesis Despite potential volatility around Six Flags...

Acushnet Holdings (NYSE: GOLF) shares were recovering Thursday after a rough first-quarter report.  The Titleist golf ball maker reported earnings per share of 46 cents against a 55-cent consensus estimate and sales of $433.702 million, missing the consensus estimate by $11.75...

The coming year may be playtime for investors looking into toy company stocks. The two biggest players in the industry, Hasbro Inc. (NASDAQ: HAS) and Mattel Inc. (NASDAQ: MAT), both look set for 2019 growth, a Wells Fargo analyst said Wednesday. Mattel looks better positioned than its rival Hasbro...

Shares of animal theme park operator SeaWorld Entertainment Inc (NYSE: SEAS) are trading near the low-end of its historical multiple of 8.2 to 11.2 times EV/EBITDA and Wells Fargo thinks the case for multiple expansion can be justified for several reasons. The Analyst Wells Fargo's Timothy...

Weather has not been working in favor of U.S. thrillseekers: last quarter’s drizzly deterrents are behind two downgrades in Wells Fargo’s theme park portfolio. The Rating Analyst Timothy Conder downgraded SeaWorld Entertainment Inc (NYSE: SEAS) and Six Flags Entertainment Corp...

Toys "R" Us officially filed for Chapter 11 bankruptcy reorganization in a move that shouldn't come as a surprise, as it has been speculated for a while that the retailer was struggling with its debt obligation. Under the new plan, Toys "R" Us has secured around $3 billion of debtor-in-possession...

Shares of Mattel, Inc. (NASDAQ: MAT) continue flirting with its 52-week lows of $21.55 ahead of the company's Investor Day presentation (on June 14) and expectations are relatively high, Wells Fargo's Timothy Conder noted in a research report. Mattel's top priority would be for CEO Margo Georgiadis...

Wells Fargo remains on the sidelines of Acushnet Holdings Corp (NYSE: GOLF), looking for better entry points, even as it stays positive on the company’s execution amid industry rationalization and U.S. market softness. Rating And Tailwinds The analyst maintains his Market Perform rating on...