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Wall Street Previews Netflix's Q4 Earnings: Rising Subscriber Numbers Drive Bullish Projections
Saturday, January 20, 2018 - 11:34am | 696Netflix, Inc. (NASDAQ: NFLX) added more than 5 million users during the third quarter, which was stronger than expected and has investors hopeful the momentum carried over into the fourth quarter. Here's a preview of what two notable Wall Street analysts are saying ahead of Netflix...
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Buckingham Reviews 'Best In Class' JPMorgan's Q4 Beat
Friday, January 12, 2018 - 11:23am | 354JPMorgan Chase & Co. (NYSE: JPM) reported Friday its fourth quarter results, which came in better than expected. The Analyst Buckingham Research Group's James Mitchell maintains a Buy rating on JPMorgan's stock with an unchanged $135 price target. The Thesis JPMorgan's earnings...
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What Does The Street Think Of Urban Outfitters Now?
Tuesday, January 9, 2018 - 3:33pm | 853Shares of Urban Outfitters, Inc. (NASDAQ: URBN) were trading lower by 4 percent Tuesday after the company released a concerning update to its holiday season performance. Specifically, total net sales for the two month period ended Dec. 31, 2017, rose 3.6 percent from the same period a year ago and...
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Buckingham Calls Square A 'Unique Tech Disruptor'
Thursday, January 4, 2018 - 1:23pm | 461Shares of Square Inc (NYSE: SQ) ended 2017 higher by more than 150 percent. While it's unlikely for the stock to record another triple-digit percentage gain in 2018, that doesn't mean investors should avoid owning shares. The Analyst Buckingham Research Group's Chris Brendler...
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What Does The Disney-Fox Deal Mean For Netflix?
Friday, December 15, 2017 - 12:28pm | 436One of the more pressing questions on investors minds after Walt Disney Co (NYSE: DIS) confirmed its intentions to acquire media assets from Twenty-First Century Fox Inc (NASDAQ: FOXA) is what impact will the tie-up have on Netflix, Inc. (NASDAQ: NFLX) The Analyst Buckingham Research Group's...
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If The Shoe Fits: Analyst Upgrades Steve Madden
Wednesday, November 29, 2017 - 12:42pm | 395Many investors with exposure to apparel, shoewear, and fashion stocks have reason to be concerned moving forward, but at least one analyst is confident in recommending owning Steven Madden, Ltd. (NASDAQ: SHOO). The Analyst Buckingham Research Group's Scott Krasik upgraded Steve Madden's...
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Hurricane Tailwinds May Have Blown Group 1 Auto Into An Unattractive Valuation
Monday, November 13, 2017 - 3:32pm | 319Group 1 Automotive, Inc. (NYSE: GPI) reported better-than-expected earnings Oct. 26 and the stock traded sharply higher. The Analyst The Buckingham Research Group's Glenn Chin downgraded the stock from Buy to Neutral and increased the price target from $77 to $86. The Thesis Hurricane...
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Michael Kors Scores With Strong Q2, But What's The Deal With That Guidance?
Monday, November 6, 2017 - 1:13pm | 373Michael Kors Holdings Ltd (NYSE: KORS) reported better-than-expected second-quarter earnings Monday, with the retailer saying it's in-line with its Runway 2020 strategic plan. Kors shares hit a new 52-week high of $55.01 and were trading higher by more than 13 percent Monday morning....
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Is The Price Right To Buy These 3 Discount Retail Stocks?
Thursday, October 19, 2017 - 3:15pm | 356In the off-price retailers sector, the Buckingham Research Group assumed coverage of Burlington Stores Inc (NYSE: BURL) with a Buy rating and a $107 price target, TJX Companies Inc (NYSE: TJX) with a Buy rating and a $85 price target and Ross Stores, Inc. (NASDAQ: ROST) with a Neutral rating and a...
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This Analyst Still Sees 27% Upside Potential In Under Armour
Tuesday, October 25, 2016 - 11:41am | 383Despite the fact that Under Armour Inc (NYSE: UA) tumbled more than 14 percent Tuesday, analysts at Buckingham remain optimistic on the company's prospects. BRG's Scott Krasik maintained a Buy rating and $48 price target on Under Armour's stock following the company's Q3...
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Ford's Profitability, Free Cash Flow Will Peak This Year: Buckingham Downgrades Stock, Lowers Target To $12
Tuesday, September 20, 2016 - 9:04am | 317Joseph C. Amaturo of Buckingham believes Ford Motor Company’s (NYSE: F) earnings and auto free cash flow would peak in 2016. He downgraded the rating on the company from Buy to Neutral, while lowering the price target from $16 to $12. Concerns “Our prior rating and PT were...
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Wall Street Concerned Over Norfolk Southern
Thursday, January 28, 2016 - 12:36pm | 474The share price of Norfolk Southern Corp. (NYSE: NSC) has declined 31.59 percent over the past one year, to reach a low of $67.73 on January 25. Jeffrey Kauffman of Buckingham Research has downgraded the rating on the company from Buy to Neutral, while lowering the price target from $82 to $...
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As Expected, Wall Street Is Excited About Ross Stores
Friday, November 20, 2015 - 12:02pm | 768Shares of Ross Stores, Inc. (NASDAQ: ROST) have appreciated 6.98 percent year-to-date, although they are currently trading below their 52-week high. The company has reported its Q3 EPS ahead of the consensus, guidance and analysts’ estimates, with in-lien SG&A, while reiterating...
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These Analysts Aren't Concerned About Ford
Thursday, October 29, 2015 - 11:03am | 288Ford Motor Company (NYSE: F) shares have appreciated 12.09 percent over the past month, reaching a high of $15.69 on October 26. Joseph C. Amaturo of Buckingham Research has maintained a Buy rating and price target of $18 on the company. Automotive News reported that Ford Motor is about...
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United Has 75% Upside, Buckingham Research Says
Friday, October 23, 2015 - 11:09am | 284Shares of United Continental Holdings Inc (NYSE: UAL) have declined 11.96 percent, touching a low of $50.78 on October 6. Daniel McKenzie of The Buckingham Research Group has maintained a Buy rating and price target of $98 on the company. McKenzie believes that the stock has 75 percent...