Joseph Altobello

Planet Fitness Inc. (NYSE: PLNT) has a defensive business model and meaningful store growth opportunity, according to Raymond James. The Analyst: Joseph Altobello upgraded the rating for Planet Fitness from Market Perform to Strong Buy, while establishing a price target of $70. The Thesis: The...

Shares of golf equipment manufacturer and Topgolf owner Callaway Golf Company (NYSE: ELY) hit new 52-week highs Tuesday after reporting first-quarter earnings. The company saw revenue at $651 million, up 47% year-over-year and well ahead of the Street consensus of $561.6 million. The Callaway...

Shares of Ulta Beauty Inc (NASDAQ: ULTA) were lower Friday after the beauty retailer announced Thursday afternoon its fourth-quarter results and a CEO transition. The Ulta Beauty Analysts: Credit Suisse analyst Michael Binetti maintains an Outperform rating on Ulta Beauty's stock with...

Callaway Golf Co (NYSE: ELY) shares plunged as much as 9.4% Tuesday as the Street zoned on the negative half of mixed fourth-quarter earnings. The Bad Callaway’s 26-cent loss per share missed estimates by two cents. Stephens attributed the underperformance to a higher interest expense,...

Cosmetic retailer Ulta Beauty Inc (NASDAQ: ULTA) reported a third-quarter earnings beat Thursday, but sales missed estimates by $75 million. Cosmetic Industry Weakness Buy-side expectations have come way down on Ulta, leading the company to deliver a surprise earnings beat amid worsening macro...

Harley-Davidson Inc (NYSE: HOG) reported first-quarter results Tuesday that outpaced fairly low expectations and left its full-year shipment and margin guidance unchanged. The substantial price difference between new and used bikes in the U.S. continues to adversely impact new sales,...

The bullish case for consumer lawn and garden products company Scotts Miracle-Gro Co (NYSE: SMG) can no longer be justified after a 30-percent move higher since late December, according to Raymond James. The Analyst Raymond James' Joseph Altobello downgraded Scotts Miracle-Gro from...

PetIQ Inc. (NASDAQ: PETQ) shares fell sharply Monday as at least one analyst adjusted earnings expectations for the pet health products company and lowered stock price expectations. The Analyst Raymond James analyst Joseph Altobello maintained an Outperform on PetIQ and lowered the ...

Estee Lauder Companies Inc (NYSE: EL) is having a strong week after reporting a second-quarter earnings beat Tuesday. The Sell-Side Reacts  ◘ Although the company reported weak third-quarter and 2019 earnings guidance, Raymond James analyst Joseph Altobello reiterated an Outperform rating...

Sally Beauty Holdings, Inc. (NYSE: SBH) looked pretty after its first-quarter earnings report Tuesday: a 57-cent bottom line beat a 53-cent estimate, same-store sales rose marginally and the stock closed up 3.7 percent. But the salon supplier couldn’t sway the Street's ...

Clorox Co (NYSE: CLX)’s second-quarter earnings soundly beat Street estimates and prompted a 7-percent stock rise Monday, but steady outlook stifled Raymond James’ excitement. The Rating Raymond James analyst Joseph Altobello maintained a Market Perform rating on the stock. The Thesis...

Analysts at Raymond James reiterated their rating on Scotts Miracle-Gro Co (NASDAQ: SMG), even though the company's fiscal first quarter results were "somewhat" below their expectations. Nevertheless, the analysts saw a number of "encouraging" signs in the earnings report....

Procter and Gamble Co (NYSE: PG) stock was down Thursday but analysts reactions were mixed after an earnings report that saw better-than expected sales growth offset by disappointing margins. The Analysts Raymond James analyst Joseph Altobello maintained a Market Perform rating on Procter and...

Shares of lawn and garden product maker Scotts Miracle-Gro Co (NYSE: SMG) are trading near multi-year lows, which creates an opportunity for investors after a "tough" but not a "complete disaster" of a year, according to Raymond James. The Analyst Raymond James' Joseph...