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Williams-Sonoma Bears Underestimate Ability To 'Maintain Profitability Levels,' Analyst Says
Tuesday, March 5, 2024 - 11:59am | 294Williams-Sonoma, Inc’s (NYSE: WSM) CEO Laura Alber has recently sold around $4 million worth of her shares. The company's ability to maintain the current profitability levels is already reflected in the share price, according to Loop Capital. The Williams-Sonoma Analyst: Anthony Chukumba...
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Ulta Beauty Underpromises, Overdelivers: 4 Analysts Raise Price Targets After Q4 Print
Friday, March 10, 2023 - 12:24pm | 532Shares of Ulta Beauty Inc (NASDAQ: ULTA) rose in early trading on Friday, after the company reported better-than-expected fourth-quarter earnings. BMO Capital Markets analyst Simeon Siegel maintained a Market Perform rating, while raising the price target from $390 to $510. Credit Suisse analyst...
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Why Are Insiders Buying Bed Bath & Beyond Stock For The First Time In 5 Months?
Thursday, July 7, 2022 - 11:39am | 558Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares surged Thursday morning after several filings with the U.S. Securities and Exchange Commission (SEC) showed recent insider buying. What Happened: The largest and most noteworthy insider buying comes from the newly appointed interim CEO Sue...
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'It's Game Over': Loop Capital Analyst Warns That Bed Bath & Beyond's Days Are Limited
Wednesday, June 29, 2022 - 4:42pm | 701Bed Bath & Beyond Inc (NASDAQ: BBBY) shares hit 52-week lows on Wednesday after the company reported weak earnings results and announced a CEO transition. One analyst believes the pain is just getting started. What Happened: Bed Bath & Beyond's worse-than-expected results didn...
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Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call
Thursday, September 9, 2021 - 12:50pm | 525GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy. GameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, ...
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Why Did Shopify's Stock Stage A Strong Reversal Today?
Tuesday, May 11, 2021 - 2:57pm | 261Shopify Inc (NYSE: SHOP) is trading higher Tuesday after the stock was upgraded by Loop Capital. What Happened: Loop Capital analyst Anthony Chukumba upgraded Shopify from Hold to Buy and announced a price target of $1,400. The analyst cited strong growth in the coming...
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Shopify Gets Upgrade: Why Now?
Tuesday, May 11, 2021 - 11:46am | 313Shopify Inc.’s (NYSE: SHOP) strong top-line growth and margin expansion could persist going ahead, driven by the continued secular shift to e-commerce and its many strategic initiatives, according to Loop Capital Markets. The Shopify Analyst: Anthony Chukumba upgraded the rating for Shopify...
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GameStop Analysts React To Q4 Earnings: Company Needs 'Some Magic Beans And Pixie Dust'
Wednesday, March 24, 2021 - 1:33pm | 658One of the most widely followed stocks of 2021 reported fourth-quarter earnings Tuesday after market close. GameStop Corp (NYSE: GME) reported quarterly earnings of $1.34 per share, which missed the analyst consensus estimate by a penny. This is a 5.5% increase over earnings of $1.27 per share from...
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Why This Dollar General Analyst Is Turning Bullish
Tuesday, January 26, 2021 - 3:56pm | 377The bullish case for Dollar General Corp. (NYSE: DG) is based on a combination of management's ability to execute on several strategic initiatives and the stock's reasonable valuation, according to Loop Capital Markets. The Dollar General Analyst: Anthony Chukumba upgraded Dollar General...
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Market Pros On GameStop: 'Wall Street Shouldn't Be Proud'
Monday, January 25, 2021 - 4:42pm | 483GameStop Corp. (NYSE: GME) stock jumped another 100% Monday morning to an all-time high of over $140. Just four months ago, the stock was worth only $6, and at the start of January it was worth $18, making for a 500% year-to-date return. On Monday, Loop Capital...
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Analyst Starts Neutral Coverage On Shopify Due To Valuation
Thursday, January 16, 2020 - 4:31pm | 292While Shopify Inc (NYSE: SHOP) has strong long-term earnings growth prospects, these seem to be “fully reflected” in its current share price, according to Loop Capital. The Analyst Loop Capital’s Anthony Chukumba initiated coverage of Shopify with a Hold rating and price target of...
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Analyst: Prime Day 'Locks In' Customers For Amazon's Ecosystem
Tuesday, July 16, 2019 - 11:57am | 729Worldwide sellers taking part in Amazon.com, Inc. (NASDAQ: AMZN)'s annual Prime Day saw the biggest 24-hour sales day in Amazon history, the e-commerce platform said in a press release. Members in the U.S. saved hundreds of millions of dollars on items for sale, and there is...
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The Sell-Side's Takeaways From Amazon's Investor Letter
Friday, April 12, 2019 - 2:22pm | 590E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN)'s annual shareholder letter focused mostly on its large size, scale and multiple initiatives ahead that could result in "multibillion-dollar failures." RBC's 5 Takeaways The five main takeaways from the letter penned by CEO Jeff...
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Five Below's Ability To 'Comp The Comp' Earns An Upgrade
Tuesday, March 19, 2019 - 12:43pm | 277Five Below Inc (NASDAQ: FIVE) could see continued upside after posting some impressive metrics in 2018, according to Loop Capital. The Analyst Loop Capital's Anthony Chukumba upgraded Five Below from Hold to Buy with a price target lifted from $120 to $145. The Thesis Five Below ended fiscal...
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Rent-A-Center Calls Off Vintage Capital Merger, Shares Fall 17%
Tuesday, December 18, 2018 - 10:05am | 340Furniture and electronics rent-to-own retailer Rent-A-Center Inc (NASDAQ: RCII) said Tuesday it terminated a merger agreement with Vintage Capital Management. What Happened Amid pressure from activist investors, Rent-A-Center agreed in the summer to sell itself to Vintage Capital for $1.37 billion...