-
UPDATE: Gabelli & Company Upgrades Shares Of FireEye On Valuation
Thursday, May 8, 2014 - 3:27pm | 139In a report published Thursday, Gabelli & Company analyst Hendi Susanto upgraded FireEye (NASDAQ: FEYE) from Sell to Hold as shares don't represent the company's growth. Susanto remarked that although investment risks still outweigh investment opportunities, the current share price doesn't...
-
Gabelli & Company Reiterates Hold Rating on Cracker Barrel
Wednesday, December 12, 2012 - 1:58pm | 126In a report published Wednesday, Gabelli & Company reiterated its Hold rating on Cracker Barrel Old Country Store (NASDAQ: CBRL). Gabelli noted, “Given recent REIT-conversion (OpCo-PropCo separation) activity including announcements by Penn National Gaming, Gaylord Entertainment and Canadian...
-
Gabelli & Company Reiterates Buy Rating on Layne Christensen Company
Friday, December 7, 2012 - 11:55am | 89In a report published Friday, Gabelli & Company reiterated its Buy rating on Layne Christensen Company (NASDAQ: LAYN). Gabelli & Company noted, “Our 2013 (FY2014) PMV of $39 per share, calculated by using a blended multiple of 7.0x EBITDA on the business, implies a 42% margin of safety for...
-
Gabelli & Company Reiterates Buy Rating on Zep
Friday, December 7, 2012 - 11:55am | 133In a report published Friday, Gabelli & Company reiterated its Buy rating on Zep (NYSE: ZEP). Gabelli & Company noted, “Effective December 1, 2012, Zep completed the acquisition of Ecolab Vehicle Care business from Ecolab. We continue to recommend shares of Zep and believe shares are...
-
Gabelli & Company Reiterates Buy Rating on International Game Technology
Friday, December 7, 2012 - 11:49am | 126In a report published Friday, Gabelli & Company reiterated its Buy rating on International Game Technology (NYSE: IGT). Gabelli & Company noted, “On January 12, 2012, IGT announced the acquisition of Double Down Interactive LLC – a leading online social gaming company offering blackjack,...
-
UPDATE: Gabelli & Company Initiates Hawaiian Electric Industries at Hold
Thursday, December 6, 2012 - 11:52am | 71Gabelli & Company initiated coverage on Hawaiian Electric Industries (NYSE: HE) with a Hold rating. Gabelli & Company noted, "We regard HE as an improving utility story complimented by a high quality bank. Driven by more constructive rate treatment of growing infrastructure investment,...
-
Gabelli & Company Reiterates Hold Rating on Donaldson Company
Friday, November 23, 2012 - 10:11am | 90In a report published Friday, Gabelli & Company reiterated its Hold rating on Donaldson Company (NYSE: DCI). Gabelli noted, “DCI reported 1Q FY'13 adjusted EPS of $0.36 vs. $0.45 on sales of $589 million vs. $608 million, down 3%. DCI noted weakening end-market conditions in a number of...
-
UPDATE: Gabelli & Company Downgrades The Home Depot to Hold
Wednesday, November 14, 2012 - 10:51am | 152In a report published Wednesday, Gabelli & Company downgraded its rating on The Home Depot (NYSE: HD) from Buy to Hold. Gabelli & Company noted, “Revenues of $18.1billion, were up 4.6% YoY, driven by continued demand for core products. Comparable store sales were positive 4.2%, and comp...
-
UPDATE: Gabelli & Company Upgrades WisdomTree Investments to Buy
Wednesday, November 14, 2012 - 10:31am | 95In a report published Wednesday, Gabelli & Company upgraded its rating on WisdomTree Investments (NASDAQ: WETF) from Hold to Buy. Gabelli noted, “We are increasing our 2013P estimate to $0.29 per share from $0.25 per share. Our revision incorporates the operating benefits from the deal...
-
UPDATE: Gabelli & Company Initiates MGE Energy at Hold
Friday, October 19, 2012 - 2:32pm | 96Gabelli & Company initiated coverage on MGE Energy (NASDAQ: MGEE) with a Hold rating. Gabelli & Company noted, "We have initiated coverage of MGEE with a HOLD rating. MGE is a small, but high quality regulated electric and gas utility operating in a constructive regulatory environment...
-
UPDATE: Gabelli & Company Downgrades BorgWarner to Hold
Thursday, September 20, 2012 - 10:00am | 148Gabelli & Company has published a research report on BorgWarner (NYSE: BWA) and has downgraded the company from Buy to Hold based on valuation. In the report, Gabelli wrote, "We remain attracted to BWA on a long-term basis, as we view the company as the auto supplier best positioned to...
-
UPDATE: Gabelli & Company Upgrades Black Hills to Buy
Friday, August 24, 2012 - 9:33am | 204In a report published Friday, Gabelli & Company upgraded its rating on Black Hills Corp. (NYSE: BKH) from Hold to Buy. Gabelli noted, “On August 23, BKH announced an agreement to sell its 85% interest in its Bakken and Three Forks shale assets (73 wells and 28,000 net lease acres) in the...
-
UPDATE: Gabelli & Company Downgrades RPC to Hold on Valuation
Wednesday, August 1, 2012 - 11:29am | 89Gabelli & Company reduced its rating on RPC (NYSE: RES) from Buy to Hold following share appreciation after the company's latest earnings report. Gabelli & Company commented, "RPC's stock has risen 16% since reporting better than expected earnings on July 26. RPC's second quarter...
-
Gabelli & Company Reiterates Buy Rating on Apple
Monday, July 16, 2012 - 10:48am | 79In a report published Monday, Gabelli & Company reiterated its Buy rating on Apple (NASDAQ: AAPL). Gabelli & Company noted, “There is speculation that Apple will release a new “mini/smaller size” iPad. While many think that mini iPads will cannibalize sales of iPads, we believe that mini...
-
UPDATE: Gabelli & Company Maintains Buy, $43 PT on International Speedway Corporation Post Q2 Earnings
Friday, July 6, 2012 - 1:00pm | 110On Friday, Gabelli & Company reiterated its Buy rating and $43 price target on International Speedway Corporation (NASDAQ: ISCA) as the company beat estimates for the second quarter. Gabelli & Company commented, "On July 5, 2012, ISC reported second quarter results for FY 2012 of $0.30...