Seth Basham

Shares of CarMax, Inc (NYSE: KMX) rose in early trading on Monday as the company gears up to report its quarterly earnings later this week. The company seems to be heading towards an inflection in growth and market share performance, while profitability “continues to improve on enduring...

Carvana Co (NYSE: CVNA) shares were trading higher last week amid the United Auto Workers strike. The debt exchange deal announced in August and improving profitability could lend upside to Carvana’s performance in the third and fourth quarters of 2023, while giving the company “at...

Carvana Co (NYSE:CVNA) shares skyrocketed nearly 50% this week after the company issued its second-quarter earnings report, despite reporting a decline in sales. Investors and analysts are responding positively to better-than-expected metrics, debt restructuring and the prospect of positive...

Shares of Chewy Inc (NYSE: CHWY) spiked in early trading on Thursday, after the company reported upbeat revenues and earnings for its first quarter. The report was released during the ongoing earnings season. Here are some key analyst takeaways from the earnings release. Guggenheim Securities On...

Bed Bath & Beyond Inc (NASDAQ: BBBY) shares were on a roller-coaster ride for the past year amid bankruptcy concerns, but the joyride was largely downhill. Against all odds, Bed Bath managed to secure financing when shares climbed the tracks again last week, but...

An analyst is sharing updated comments on struggling retailer Bed Bath & Beyond Inc (NASDAQ: BBBY), which included a price target that fans of the stock won’t be pleased about. The Bed Bath & Beyond Analyst: Wedbush analyst Seth Basham had an Underperform rating and lowered...

Shares of Chewy Inc (NYSE: CHWY) have been on an uptrend year to date, reversing losses made after the company’s fiscal third-quarter earnings. The company is poised for continue acceleration in net additions and significant expansion in EBITDA margins, according to Wedbush analyst Seth...

Seth Basham, a hardlines equity research analyst at Wedbush, discussed the big winners and losers from third-quarter earnings season with PreMarket Prep Plus during this week's edition of "Wednesdays With Wedbush." Wedbush Analyst's Take: With “strong fundamental...

RumbleON Inc’s (NASDAQ: RMBL) infrastructure-light platform makes it easier for various value chain participants to deal in pre-owned vehicles, according to Wedbush. The RumbleON Analyst: Seth Basham initiated coverage of RumbleOn with an Outperform rating and $55 price target. The...

RH (NYSE: RH) is trading higher Thursday morning after the company reported better-than-expected financial results. What Happened: RH reported first-quarter earnings of $4.89 per share, which beat the estimate of $4.07 per share. The company reported quarterly revenue of $860.8 million, which...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) offers investors a compelling recovery story but the stock's run to north of $50 per share prompted two analysts to downgrade the stock. The Bed Bath & Beyond Analysts: Wedbush analyst Seth Basham downgraded Bed Bath & Beyond from...

CarMax, Inc (NYSE: KMX) seems well-positioned to bounce back and capture market share as the economy emerges from the coronavirus pandemic, according to Wedbush. The CarMax Analyst Seth Basham upgraded CarMax from Neutral to Outperform and raised the price target from $70 to $90. The...

Online pet store Chewy Inc (NYSE: CHWY) is well-positioned to benefit from favorable industry-wide trends and the company can account for half of all pet industry sales growth, according to Wedbush. The Analyst Seth Basham upgraded Chewy from Neutral to Outperform with a price target lifted from $...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares continued to free fall on Thursday after a dismal third-quarter report. The results split sell-side analysts, with some convinced a new CEO will get the housewares chain turned around, but others warning they're still waiting for signs the...

Williams-Sonoma, Inc. (NYSE: WSM) reported its third-quarter earnings in-line with expectations and raised the low end of its guidance for 2019. The Analysts KeyBanc Capital Markets analyst Bradley Thomas maintained a Sector Weight rating on Williams-Sonoma. Wedbush analyst Seth Basham reiterated a...