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9100.0
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2017-09-11 00:00:00 UTC
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Zacks.com featured highlights include Triton International, Aaron's, Ferrari and E*TRADE Financial
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include-triton-international-aarons-ferrari-and-etrade
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nan
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nan
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For Immediate Release
Chicago, IL - September 11, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Ferrari N.V. (NYSE: RACE - Free Report ) and E*TRADE Financial Corporation (Nasdaq: ETFC - Free Report ).
Screen of the Week of Zacks Investment Research:
Ride the Momentum Wave with These 4 Picks
In basketball, when a player hits a few shots in a row, he is said to have a "hot hand." In finance, we call it "momentum."
Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing. It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction instead of moving against the drift.
At the core, momentum investing works on the principle of "Buy High, Sell Higher."
Thus, this strategy calls for hitching a ride on an already fast-moving train, without fretting about valuations or growth prospects. But why does momentum strategy work?
There is a simple reason behind this. It works because we are humans!
There's a whole laundry list of behavioral biases that most investors exhibit and these emotional responses and mistakes are the very reason for momentum strategy to work. For instance, we all know of investors who are afraid to book losses and hence hold on to losing stocks for too long, hoping that they will spring back to their original prices. On the other hand, many investors sell their winners way too early.
Furthermore, investors initially tend to under-react to news, events or data releases. However, once things gain clarity, they tend to go with the flow and overreact, causing dramatic price reactions.
These behavioral problems extend trends, and thus open up huge opportunities for momentum players. So basically, it's a way to profit from the general human tendency to extrapolate current trends into the future.
Momentum investing is based on that gap in time that exists before the mean reversion occurs, i.e. before prices become rational again.
Also, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust and persistent ever since it was identified by financial academics in the 1990s. This is especially important as academics are of the opinion that once research on factor premiums (like size and value) becomes known to public, the investment world catches on and the premium gradually erodes.
Obviously, this strategy is quite tricky to implement, as detecting these trends is no child's play. Momentum strategies have been known to be alpha-generative over long periods of time and across markets, and we have devised a strategy that will help investors get in on these trades and make handsome gains.
Our screen will help you take advantage of both long-term price momentum and a short-term pullback in price, which would reflect some profit-taking in the stock.
Screening Parameters
Percentage Change Price (52 Weeks) = Top #50: This item selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get stocks that have appreciated the maximum over the past one year.
Percentage Change in Price (1 Week) = Bottom #10: From the 50 stocks, we choose those that are also among the 10 worst performers over a short one-week period.
Zacks Rank #1: No matter what the market conditions are, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here.
Momentum Style Score of B or better: A top Momentum Style Score cuts short the screening process as it takes into account several factors including volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Style Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy) handily outperform other stocks.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure strong liquidity.
Average 20-Day Volume greater than 100,000: A substantial trading volume shows that these stocks are easily tradable.
Here are four of the seven stocks that made it through this screen:
Triton International Limited (NYSE: TRTN - Free Report ), which offers acquisition, leasing, re-leasing, and sale of intermodal containers, has rallied more than 132% in the past year. The company has a Momentum Score of A.
Aaron's, Inc. (NYSE: AAN - Free Report ) operates as an omnichannel provider of lease purchase solutions. The stock has appreciated almost 62% in the past year and has a Momentum Score of A.
Ferrari N.V. (NYSE: RACE - Free Report ), which designs, engineers, produces, and sells luxury performance sports cars, has gained nearly 120% in the past year. The company carries a Momentum Score of A.
E*TRADE Financial Corporation (Nasdaq: ETFC - Free Report ) is a financial services company, which provides brokerage and related products and services primarily to individual retail investors. The stock has appreciated more than 49% in the past year and has a Momentum Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on TRTN - FREE
Get the full Report on AAN - FREE
Get the full Report on RACE - FREE
Get the full Report on ETFC - FREE
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Triton International Limited (TRTN): Free Stock Analysis Report
Ferrari N.V. (RACE): Free Stock Analysis Report
E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - September 11, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Ferrari N.V. (NYSE: RACE - Free Report ) and E*TRADE Financial Corporation (Nasdaq: ETFC - Free Report ). The company has a Momentum Score of A. Aaron's, Inc. (NYSE: AAN - Free Report ) operates as an omnichannel provider of lease purchase solutions. Get the full Report on TRTN - FREE Get the full Report on AAN - FREE Get the full Report on RACE - FREE Get the full Report on ETFC - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL - September 11, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Ferrari N.V. (NYSE: RACE - Free Report ) and E*TRADE Financial Corporation (Nasdaq: ETFC - Free Report ). Get the full Report on TRTN - FREE Get the full Report on AAN - FREE Get the full Report on RACE - FREE Get the full Report on ETFC - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - September 11, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Ferrari N.V. (NYSE: RACE - Free Report ) and E*TRADE Financial Corporation (Nasdaq: ETFC - Free Report ). Get the full Report on TRTN - FREE Get the full Report on AAN - FREE Get the full Report on RACE - FREE Get the full Report on ETFC - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - September 11, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Ferrari N.V. (NYSE: RACE - Free Report ) and E*TRADE Financial Corporation (Nasdaq: ETFC - Free Report ). The company has a Momentum Score of A. Aaron's, Inc. (NYSE: AAN - Free Report ) operates as an omnichannel provider of lease purchase solutions. Get the full Report on TRTN - FREE Get the full Report on AAN - FREE Get the full Report on RACE - FREE Get the full Report on ETFC - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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6ab42992-3711-4c51-b745-0fadbc049b4a
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9101.0
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2017-09-11 00:00:00 UTC
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Is Aaron's (AAN) a Great Stock for Value Investors?
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AAN
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https://www.nasdaq.com/articles/is-aarons-aan-a-great-stock-for-value-investors-2017-09-11
|
nan
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nan
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Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Aaron's has a trailing twelve months PE ratio of 16.8, as you can see in the chart below:
P/CF Ratio
An often overlooked ratio that can still be a great indicator of value is the price/cash flow metric. This ratio doesn't take amortization and depreciation into account, so can give a more accurate picture of the financial health in a business. This is a preferred metric to some valuation investors because cash flows are (a) generally less prone to manipulation by the company's management, and (b) are less affected by variation in accounting policies between different companies.
The ratio is generally applied to find out whether a company's stock is overpriced or underpriced with reference to its cash flows generation potential compared with its competitors. However, it is not commonly used for cross-industry comparison, as the average price to cash flow ratio varies from industry to industry.
In this case, Aaron's P/CF ratio of 1.9 is lower than the broader industry average of 6.4, which indicates that the stock is somewhat undervalued in this respect.
Broad Value Outlook
In aggregate, Aaron's currently has a Value Score of B, putting it into the top 40% of all stocks we cover from this look. This makes Aaron's a solid choice for value investors.
What About the Stock Overall?
Though Aaron's might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth Score of C and a Momentum Score of A. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of A. (You can read more about the Zacks Style Scores here >> )
Meanwhile, the company's recent earnings estimates have been favorable. The current quarter has seen five estimates go higher in the past sixty days compared to one lower, while the full year estimate has six up in the same time period.
This has had a significant impact on the consensus estimate as the current quarter consensus estimate has risen by 5.8% in the past two months, while the full year estimate has increased 7.1%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
This positive trend signifies bullish analyst sentiment, and its Zacks Rank #1 (Strong Buy) indicates robust fundamentals and expectations of outperformance in the near term.
Bottom Line
Aaron's is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Furthermore, a strong industry rank (among Top 10% of more than 250 industries) and a Zacks Rank #1 instills investor confidence on the stock. However, over the past two years, the broader industry has underperformed the broader market, as you can see below:
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of A. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of A.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of A. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of A. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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61ed2f77-04a6-476a-8696-845b87db5d82
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9102.0
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2017-09-08 00:00:00 UTC
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Ride the Momentum Wave With These 4 Picks
|
AAN
|
https://www.nasdaq.com/articles/ride-the-momentum-wave-with-these-4-picks-2017-09-08
|
nan
|
nan
|
In basketball, when a player hits a few shots in a row, he is said to have a "hot hand." In finance, we call it "momentum."
Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing. It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction instead of moving against the drift.
At the core, momentum investing works on the principle of "Buy High, Sell Higher."
Thus, this strategy calls for hitching a ride on an already fast-moving train, without fretting about valuations or growth prospects. But why does momentum strategy work?
There is a simple reason behind this. It works because we are humans!
There's a whole laundry list of behavioral biases that most investors exhibit and these emotional responses and mistakes are the very reason for momentum strategy to work. For instance, we all know of investors who are afraid to book losses and hence hold on to losing stocks for too long, hoping that they will spring back to their original prices. On the other hand, many investors sell their winners way too early.
Furthermore, investors initially tend to under-react to news, events or data releases. However, once things gain clarity, they tend to go with the flow and overreact, causing dramatic price reactions.
These behavioral problems extend trends, and thus open up huge opportunities for momentum players. So basically, it's a way to profit from the general human tendency to extrapolate current trends into the future.
Momentum investing is based on that gap in time that exists before the mean reversion occurs, i.e. before prices become rational again.
Also, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust and persistent ever since it was identified by financial academics in the 1990s. This is especially important as academics are of the opinion that once research on factor premiums (like size and value) becomes known to public, the investment world catches on and the premium gradually erodes.
Obviously, this strategy is quite tricky to implement, as detecting these trends is no child's play. Momentum strategies have been known to be alpha-generative over long periods of time and across markets, and we have devised a strategy that will help investors get in on these trades and make handsome gains.
Our screen will help you take advantage of both long-term price momentum and a short-term pullback in price, which would reflect some profit-taking in the stock.
Screening Parameters
Percentage Change Price (52 Weeks) = Top #50: This item selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get stocks that have appreciated the maximum over the past one year.
Percentage Change in Price (1 Week) = Bottom #10: From the 50 stocks, we choose those that are also among the 10 worst performers over a short one-week period.
Zacks Rank #1: No matter what the market conditions are, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here.
MomentumStyle Scoreof B or better: A top Momentum Style Score cuts short the screening process as it takes into account several factors including volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Style Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy) handily outperform other stocks.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure strong liquidity.
Average 20-Day Volume greater than 100,000: A substantial trading volume shows that these stocks are easily tradable.
Here are four of the seven stocks that made it through this screen:
Triton International LimitedTRTN , which offers acquisition, leasing, re-leasing, and sale of intermodal containers, has rallied more than 132% in the past year. The company has a Momentum Score of A.
Aaron's, Inc.AAN operates as an omnichannel provider of lease purchase solutions. The stock has appreciated almost 62% in the past year and has a Momentum Score of A.
Ferrari N.V.RACE , which designs, engineers, produces, and sells luxury performance sports cars, has gained nearly 120% in the past year. The company carries a Momentum Score of A.
E*TRADE Financial CorporationETFC is a financial services company, which provides brokerage and related products and services primarily to individual retail investors. The stock has appreciated more than 49% in the past year and has a Momentum Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Triton International Limited (TRTN): Free Stock Analysis Report
Ferrari N.V. (RACE): Free Stock Analysis Report
E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company has a Momentum Score of A. Aaron's, Inc.AAN operates as an omnichannel provider of lease purchase solutions. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Also, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust and persistent ever since it was identified by financial academics in the 1990s.
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Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The company has a Momentum Score of A. Aaron's, Inc.AAN operates as an omnichannel provider of lease purchase solutions. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
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Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The company has a Momentum Score of A. Aaron's, Inc.AAN operates as an omnichannel provider of lease purchase solutions. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
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The company has a Momentum Score of A. Aaron's, Inc.AAN operates as an omnichannel provider of lease purchase solutions. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. But why does momentum strategy work?
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7e912ece-cc3a-4119-b6d7-51ba48ea6bda
|
9103.0
|
2017-09-07 00:00:00 UTC
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Fred's (FRED) Q2 Loss Narrower Than Expected, Shares Surge
|
AAN
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https://www.nasdaq.com/articles/freds-fred-q2-loss-narrower-than-expected-shares-surge-2017-09-07
|
nan
|
nan
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Shares of Fred's Inc.FRED , also known as Fred's Pharmacy soared around 17% yesterday following narrower-than-expected loss reported in second-quarter fiscal 2017. Sales were also in line with the Zacks Consensus Estimate. Notably, the quarter witnessed the bottom-line improvement in comparison with the prior-year period for the first time over a year. We believe the turnaround initiatives have aided the company to report moderate decline in comparable-store sales (comps).
Q2 Highlights
The discount retailer witnessed adjusted quarterly loss of 15 cents per share, which was narrower than both the Zacks Consensus Estimate loss and prior-year loss of 18 cents. This was on the back of comps improvement and expansion in gross margins.
Fred's, Inc. Price, Consensus and EPS Surprise
Fred's, Inc. Price, Consensus and EPS Surprise | Fred's, Inc. Quote
Including non-recurring and asset impairment costs, quarterly loss came in at 78 cents per share.
Quarterly net sales declined 4.1% year over year to $507.8 million but were almost in line with the Zacks Consensus Estimate of $507 million. The downturn was mainly due to the closure of 39 underperforming outlets in the previous quarter.
Comps slipped 0.3% in the quarter, hurt by the persistent rise in generic dispensing rate, coupled with a 0.8% effect from the sale of low productive discontinued inventory in comparison with the year-ago period. However, the decline was narrower than a 2% dip witnessed in the year-ago period. Excluding the discontinued inventory effect, total comps represented positive growth in the quarter.
While the company's gross profit dropped 1.7% year over year to $126 million in the quarter, gross margin expanded 60 basis points to 24.8%. The uptick was driven by gains from its turnaround plan. However, Fred's adjusted operating loss came in at $28.1 million in the quarter, wider than the year-ago period's loss of $10.9 million.
Meanwhile, the company continues to witness improvement in Retail Pharmacy, delivering flat comp script on a year-to-date basis. Also, growth has been seen in its generic dispensing rate along with gross profit dollar per script on the whole.
Also, in its Specialty Pharmacy business, management successfully delivered momentum driven by turnaround strategies, solid sales growth backed by geographic expansion and diversification with the existing therapies.
Markedly, the company has installed a new operating system in the Memphis specialty facility, which is likely to be completed by November. This implementation will aid the company to maintain its retail and specialty businesses with the same operating system. Going forward, it is likely to provide a single view of the patients, facilitating the treatments and therapies in both businesses.
In the Front Store operations, management witnessed improvement in the key edibles categories in comparison with the last year, in spite of food deflation in consumables as well as continuing market headwinds.
Financial Update
Fred's ended the fiscal second quarter with cash and cash equivalents of $5.7 million, long-term portion of indebtedness of $138.7 million and shareholders' equity of $270.7 million.
Store Update
As of Jul 29, 2017, Fred's operates 600 pharmacy and general merchandise stores. This includes 14 franchised Fred's Pharmacy locations along with three additional specialty pharmacy-only locations.
Stock Performance
We note that this Zacks Rank #4 (Sell) stock has plunged over 40% in the last three months, wider than the industry 's decline of 3.2%. This underperformance can be attributable to the company's dismal comps performance since past many quarters along with headwinds in the consumable categories. Nevertheless, we believe the strategic initiatives might help the company to turnaround, going ahead.
Looking Ahead
We note that Fred's remains committed to the successful execution of its turnaround strategy, which is likely to mainly focus on reducing selling, general and administrative (SG&A) expenses and driving free cash flow and overall profitability.
Additionally, the company is prioritizing the areas with a competitive gain and those where improvement is required. In fact, the company has made leadership changes and is committed to enhance its shareholders' value as well.
Furthermore, its Retail and Specialty Pharmacy businesses are improving significantly, and the momentum is likely to continue throughout fiscal 2017.
Three Retail Stocks in the Limelight
Better-ranked stocks in the broader sector are Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH .
Aaron's earnings have outpaced the Zacks Consensus Estimate in each of the trailing four quarters with an average positive surprise of 14%. Currently, the stock sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Children's Place, a Zacks Rank #1 stock, has a long-term earnings growth rate of 9%. Also, the company delivered positive earnings surprise of 16.3% in the last four quarters.
Sally Beauty has a long-term earnings growth rate of 5.6% and carries a Zacks Rank #2 (Buy). Also, its earnings have surpassed the Zacks Consensus Estimate by 6.1% in the last quarter.
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
Learn more >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Fred's, Inc. (FRED): Free Stock Analysis Report
Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Three Retail Stocks in the Limelight Better-ranked stocks in the broader sector are Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Fred's, Inc. (FRED): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Comps slipped 0.3% in the quarter, hurt by the persistent rise in generic dispensing rate, coupled with a 0.8% effect from the sale of low productive discontinued inventory in comparison with the year-ago period.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Fred's, Inc. (FRED): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Three Retail Stocks in the Limelight Better-ranked stocks in the broader sector are Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . Fred's, Inc. Price, Consensus and EPS Surprise Fred's, Inc. Price, Consensus and EPS Surprise | Fred's, Inc. Quote Including non-recurring and asset impairment costs, quarterly loss came in at 78 cents per share.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Fred's, Inc. (FRED): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Three Retail Stocks in the Limelight Better-ranked stocks in the broader sector are Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . Fred's, Inc. Price, Consensus and EPS Surprise Fred's, Inc. Price, Consensus and EPS Surprise | Fred's, Inc. Quote Including non-recurring and asset impairment costs, quarterly loss came in at 78 cents per share.
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Three Retail Stocks in the Limelight Better-ranked stocks in the broader sector are Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Fred's, Inc. (FRED): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Quarterly net sales declined 4.1% year over year to $507.8 million but were almost in line with the Zacks Consensus Estimate of $507 million.
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efc16a68-114d-4b58-a3ec-2f4f32d6c054
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9104.0
|
2017-09-07 00:00:00 UTC
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4 Value Gems for Investors to Watch in the Retail Sector
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AAN
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https://www.nasdaq.com/articles/4-value-gems-for-investors-to-watch-in-the-retail-sector-2017-09-07
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nan
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nan
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"It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price." - Warren Buffett. The strategy is quite simple - find stocks that are trading below their inherent worth.
An investment decision based on the intrinsic value of stocks seems feasible in the given economic scenario that witnessed a rise in benchmark interest rate, improvement in the manufacturing sector and steady job additions. However, it also saw oil prices lose ground, encountered political gridlock and faced other geopolitical qualms. Not to forget, deadly hurricanes one after another and flaring tensions with North Korea are also escalating concerns and could hurt investor sentiment.
Patience is the demand of time and investors should avoid taking any haste decisions. In today's discussion, we are focusing on the Zacks Retail Sector and trying to find out stocks that are treading on value oriented path. As of now a decent run in the U.S. stock market, sturdy retail sales data, improving labor market and gradual recovery in the housing market exhibit a solid economic report card. The "second estimate" released by the Commerce Department showed that the U.S. economy grew 3% during the second quarter.
Nonetheless, the recent unwarranted events could derail the positive tone that markets have retained so far. In such a scenario, it would be prudent to add some safe bets to your portfolio in order to shore up gains.
Value Investing: An Ideal Strategy
In value investing, investors pick stocks that are cheap but fundamentally sound. So the chance of these stocks allowing investors to book profits is high when the market trends upward. Consequently, a look at the intrinsic value of a stock is always warranted for long-term investors. So what are the criteria to identify value stocks?
A value stock may have a high dividend yield, low price-to-book ratio, low price-to-earnings ratio or a low price-to-sales ratio. However, it might be difficult for one to look at each parameter and compare with the peer group for an analysis on whether the stock is attractive from the value perspective. To make the task easier, Zacks has designed the new Style Score System . The attractiveness of a stock as an investment option is confirmed by its Value Style Score of A or B combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy).
4 Prominent Picks
Rush Enterprises, Inc.RUSHA has emerged as a strong contender with a long-term earnings growth rate of 15% and a Value Score of A. In a year, the stock has surged roughly 66.5% comfortably outperforming the industry 's growth of 4.3%. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
We also suggest investing in The Children's Place, Inc.PLCE with a long-term earnings growth rate of 9% and a Value Score of B. In a year, this Zacks Rank #1 stock has increased roughly 35.1%, while the industry witnessed a decline of 33.1%. This specialty retailer of children's apparel delivered an average positive earnings surprise of 16.3% in the preceding four quarters.
You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. The stock sports a Zacks Rank #1 and has a Value Score of B. The company posted an average positive earnings surprise of 14% in the trailing four quarters. In a year, the stock has displayed a fabulous bull run on the index and has risen 65.3%, while the industry increased 38.8%.
Investors can count on Herbalife Ltd.HLF , which develops and sells weight management, sports and fitness, and nutritional and personal care products. The company posted an average positive earnings surprise of 25.1% in the trailing four quarters and has a Value Score of B. In the trailing six months, this Zacks Rank #2 stock has exhibited a bullish run and surged roughly 32.2%, while the industry declined 3.8%.
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
Learn more >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Herbalife LTD. (HLF): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. An investment decision based on the intrinsic value of stocks seems feasible in the given economic scenario that witnessed a rise in benchmark interest rate, improvement in the manufacturing sector and steady job additions.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. In a year, this Zacks Rank #1 stock has increased roughly 35.1%, while the industry witnessed a decline of 33.1%.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. The attractiveness of a stock as an investment option is confirmed by its Value Style Score of A or B combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy).
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You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. As of now a decent run in the U.S. stock market, sturdy retail sales data, improving labor market and gradual recovery in the housing market exhibit a solid economic report card.
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c863fb4f-4eda-46f4-a4fb-f16df1af0a10
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9105.0
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2017-09-06 00:00:00 UTC
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Best Buy's (BBY) New Blue Strategy & Online Sales Bode Well
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AAN
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https://www.nasdaq.com/articles/best-buys-bby-new-blue-strategy-online-sales-bode-well-2017-09-06
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nan
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nan
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Best Buy Co., Inc.BBY looks good on the back of its strategic efforts, sturdy online sales growth and solid earnings surprise history. Though the company delivered robust results in second-quarter fiscal 2018, the stock was hurt as investors are concerned about margins that may come under pressure due to increase in investments.
In fact, shares of this leading multinational specialty retailer have declined 11.5% since the company reported its earnings on Aug 29. Nevertheless, this Zacks Rank #3 (Hold) stock has been up 29.5% year to date compared with the Zacks Electronics Retail industry 's gain of 25.2%. Currently, the industry is placed at the top 9% of the Zacks classified industries (24 out of 256).
Moreover, the stock boasts a VGM Score of A with a long-term earnings growth rate of 12%, which portrays its inherent potential.
Let's take a detailed analysis of the company's pros and cons.
Best Buy 2020: A Game Changer
Following the successful completion of Renew Blue program, the company has launched a fresh strategy called Best Buy 2020: Building the New Blue.
Meanwhile, Best Buy remains focused on expansion of multi-channel retail business, offering services and solutions that cater to customer needs. In addition, it is focusing on accelerating growth in Canada and Mexico.
Under this strategy, the top most priority for fiscal 2018 will be exploring and pursuing growth opportunities, better execution in key areas, cost optimization and investing in people as well as systems to drive growth, implementation and efficiencies.
Notably, the company has already achieved the cost reduction target of $450 million and targets $600 million of cost reduction as well as gross profit optimization by fiscal 2021.
Robust Q2 & Estimates Trend
Best Buy reported better-than-expected earnings for the 19th straight quarter in second-quarter fiscal 2018. In the trailing four quarters, the company's earnings have surpassed the Zacks Consensus Estimate by an average of 27.2%.
Best Buy Co., Inc. Price and EPS Surprise
Best Buy Co., Inc. Price and EPS Surprise | Best Buy Co., Inc. Quote
In fact, the bottom line increased 21% year over year in the fiscal second quarter. The company was also impressive on the revenue front, beating the Zacks Consensus Estimate for the second straight quarter. Results were driven by the robust demand for technology products. (Read more: Best Buy Beats on Q2 Earnings & Sales, Raises View )
Consequently, management raised fiscal 2018 guidance and forecasts Enterprise revenues (including 53rd week) growth of 4%, up from the prior guidance of 2.5%. For the fiscal third quarter, earnings are envisioned in the range of 75-80 cents per share.
Best Buy's earnings estimates have witnessed solid upward revisions over the last seven days. The Zacks Consensus Estimate of $4.03 and $4.28 moved up 13 cents for fiscal 2018 and fiscal 2019, respectively. Also, the Zacks Consensus Estimate of 76 cents for the fiscal third quarter has climbed 12 cents.
Other Strategic Endeavors
Best Buy is making extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors. Also, the company is leaving no stone unturned to attract consumers and attain incremental revenues.
In fact, we believe that the store-in-a-store concept is likely to be considered a game changer for the company as it facilitates the display of different brands under one roof and ensures larger footfall.
Best Buy Vs. Industry
Weakness/Concerns
Best Buy is planning to spend nearly $700 million in fiscal 2018, up from the previous estimate of $650 million. This is because the company wants to increase the investment to boost e-Commerce operations and supply chains to counter competition. The increase in investment is likely to hurt margins in the coming quarters.
Further, stiff competition, tepid retail landscape and aggressive promotional strategies might hurt the company's growth and profitability.
Still Interested in Retail? Check these Hot Picks
Better-ranked stocks in the broader sector include Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH .
Aaron's earnings have outpaced the Zacks Consensus Estimate in each of the trailing four quarters with an average of 14%. Currently, the stock sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Children's Place, a Zacks Rank #1 stock, has a long-term earnings growth rate of 9%. Also, its earnings have delivered positive earnings surprise of 16.3% in the last four quarters.
Sally Beauty has a long-term earnings growth rate of 5.6% and carries a Zacks Rank #2 (Buy). Also, its earnings have surpassed the Zacks Consensus Estimate by 6.1% in the last quarter.
4 Surprising Tech Stocks to Keep an Eye On
Tech stocks have been a major force behind the market's record highs, but picking the best ones to buy can be tough. There's a simple way to invest in the success of the entire sector. Zacks has just released a Special Report revealing one thing tech companies literally cannot function without. More importantly, it reveals 4 top stocks set to skyrocket on increasing demand for these devices. I encourage you to get the report now - before the next wave of innovations really takes off.
See Stocks Now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Check these Hot Picks Better-ranked stocks in the broader sector include Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Though the company delivered robust results in second-quarter fiscal 2018, the stock was hurt as investors are concerned about margins that may come under pressure due to increase in investments.
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Check these Hot Picks Better-ranked stocks in the broader sector include Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Best Buy Co., Inc. Price and EPS Surprise Best Buy Co., Inc. Price and EPS Surprise | Best Buy Co., Inc. Quote In fact, the bottom line increased 21% year over year in the fiscal second quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Check these Hot Picks Better-ranked stocks in the broader sector include Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . In the trailing four quarters, the company's earnings have surpassed the Zacks Consensus Estimate by an average of 27.2%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report To read this article on Zacks.com click here. Check these Hot Picks Better-ranked stocks in the broader sector include Aaron's, Inc. AAN , The Children's Place, Inc. PLCE and Sally Beauty Holdings, Inc. SBH . Robust Q2 & Estimates Trend Best Buy reported better-than-expected earnings for the 19th straight quarter in second-quarter fiscal 2018.
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7daeb5ba-363c-4caa-8c1d-2e2536e6b8c7
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9106.0
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2017-09-06 00:00:00 UTC
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5 Retail Stocks that Triumphed Over Industry Challenges
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AAN
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https://www.nasdaq.com/articles/5-retail-stocks-that-triumphed-over-industry-challenges-2017-09-06
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nan
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nan
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The retail landscape has been undergoing a fundamental change, with technology playing a key role and the focus shifting to online shopping. This transition in buying pattern has persuaded retailers to come up with innovative ways to market their products. Retailers who have responded quickly to it by staying ahead technologically stand in good stead.
With a digital transformation in shopping and consumers splurging online, store and mall traffic has been hit hard. As a result, most retailers including big-box ones are struggling to compete with e-Commerce channels. These companies are being forced to trim store count to focus more on an online model.
Nevertheless, retailers are now efficiently allocating a large chunk of capital toward multi-channel growth strategy focused on improving merchandise offerings, and developing IT infrastructure to enhance the web and mobile experience of customers. Further, the retailers are renovating stores, developing fulfillment centers to enable speedy delivery, implementing an enterprise-wide inventory management system along with improving relationship with existing and new customers.
How Is the Sector Placed?
Although the Zacks Retail Sector - which occupies the bottom most position among the Zacks Sector Rank (16 out of 16) - has not been an outstanding performer. However, it still holds some promise, given the favorable economic indicators. We note that so far this year, the sector has registered an increase of 15.8% compared with the S&P 500 that was up roughly 9.9%.
A decent run in the U.S. stock market, sturdy retail sales data along with steady job addition and improvement in the manufacturing sector have lifted investors' mood as well as highlights the solid economic report card. These were reflected in Consumer Confidence - a key determinant of the economy's health - that reached its second highest level in August since late 2000. U.S. retail and food services sales in July rose 0.6% following a revised reading of 0.3% growth registered in June.
The rebound in oil prices from all-time lows, improving labor market and gradual recovery in the housing market signal that the economy is on a recovery mode. These factors are favorable for retailers and definitely play a crucial role in raising buyers' confidence.
We expect this positive sentiment to translate in to higher consumer spending that may help revive sales. Not to forget, deadly hurricanes one after another, political gridlock and flaring tensions with North Korea may impact the economy to an extent and hurt consumer sentiment.
But for now you can focus on the following Retail/Wholesale stocks with a favorable combination of a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a VGM Score of A or B. These stocks are backed by sound fundamentals, surging share price and a track record of better-than-expected results.
5 Stocks that Outpaced Their Respective Industries
Rush Enterprises, Inc.RUSHA has emerged as a strong contender with a long-term earnings growth rate of 15% and a VGM Score of A. In a year, the stock has surged roughly 65.4% comfortably outperforming the industry 's growth of 5.5%. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
We also suggest investing in The Children's Place, Inc.PLCE with a long-term earnings growth rate of 9% and a VGM Score of B. In a year, this Zacks Rank #1 stock has increased roughly 33.1%, while the industry witnessed a decline of 35.3%. This specialty retailer of children's apparel delivered an average positive earnings surprise of 16.3% in the preceding four quarters.
You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. The stock sports a Zacks Rank #1 and has a VGM Score of B. The company posted an average positive earnings surprise of 14% in the trailing four quarters. In a year, the stock has displayed a fabulous bull run on the index and has risen 72.7%, while the industry increased 36.9%.
Another lucrative option is The Home Depot, Inc.HD , which has a long-term earnings growth rate of 13% and a VGM Score of A. This home improvement retailer delivered an average positive earnings surprise of 3.8% in the trailing four quarters and carries a Zacks Rank #2. We note that in a year, the stock has advanced approximately 16.1%, while the industry has gained 9.1%.
Investors can count on Herbalife Ltd.HLF , which develops and sells weight management, sports and fitness, and nutritional and personal care products. The company posted an average positive earnings surprise of 25.1% in the trailing four quarters and has a VGM Score of A. In the trailing six months, this Zacks Rank #2 stock has exhibited a bullish run and surged roughly 29.4%, while the industry declined 5.3%.
4 Surprising Tech Stocks to Keep an Eye On
Tech stocks have been a major force behind the market's record highs, but picking the best ones to buy can be tough. There's a simple way to invest in the success of the entire sector. Zacks has just released a Special Report revealing one thing tech companies literally cannot function without.
More importantly, it reveals 4 top stocks set to skyrocket on increasing demand for these devices. I encourage you to get the report now - before the next wave of innovations really takes off.
See Stocks Now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report
Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Herbalife LTD. (HLF): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Nevertheless, retailers are now efficiently allocating a large chunk of capital toward multi-channel growth strategy focused on improving merchandise offerings, and developing IT infrastructure to enhance the web and mobile experience of customers.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. This home improvement retailer delivered an average positive earnings surprise of 3.8% in the trailing four quarters and carries a Zacks Rank #2.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Although the Zacks Retail Sector - which occupies the bottom most position among the Zacks Sector Rank (16 out of 16) - has not been an outstanding performer.
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You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. The retail landscape has been undergoing a fundamental change, with technology playing a key role and the focus shifting to online shopping.
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aa82f823-4d92-4fc6-9ba9-e926876fecd2
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9107.0
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2017-09-05 00:00:00 UTC
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What's in the Cards for Conn's (CONN) This Earnings Season?
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AAN
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https://www.nasdaq.com/articles/whats-in-the-cards-for-conns-conn-this-earnings-season-2017-09-05
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nan
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nan
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Conn's, Inc.CONN is slated to release second-quarter fiscal 2018 results on Sep 7. The question lingering in investors' minds is whether this specialty retailer of furniture, home appliances and consumer electronics, and provider of consumer loans will be able to post a positive earnings surprise in the quarter to be reported. Notably, Conn's bottom line has surpassed the Zacks Consensus Estimate in the trailing four quarters, by an average of 80.9%. So, let's see how things are shaping up prior to this announcement.
Conn's, Inc. Price and EPS Surprise
Conn's, Inc. Price and EPS Surprise | Conn's, Inc. Quote
What to Expect?
The current Zacks Consensus Estimate for the quarter under review is pegged at a loss of 2 cents, compared with a loss of 4 cents reported in the year-ago period. We note that the Zacks Consensus Estimate has remained stable over the last 30 days. However, analysts polled by Zacks expect revenues of roughly $371.9 million, down 6.6% from the year-ago quarter.
Factors at Play
Conn's has been gaining from its differentiated business strategy, which has also helped it surge 53.7% so far this year, outpacing the industry 's 24.2% growth. The company remains focused on undertaking strategic initiatives to solidify its credit division. Further, the company recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. The implementation of this deal was done ahead of plan, which makes management hopeful about tapping greater lease-to-own sales.
However, some analysts remain skeptical, owing to Hurricane Harvey's impact on Conn's Houston stores. Also, unfavorable delinquencies and Trump's immigration plan may impede results, per these analysts. Further, the company's retail sales in the last quarter were hampered by soft consumer patterns and underwriting changes made in fiscal 2017. These factors may be a threat to Conn's upcoming performance too. In fact, management expects comps to decrease in a range of 12-15% in second-quarter fiscal 2018. Given the mixed signals, we prefer to wait and see if Conn's can pull a surprise this earnings season too.
What the Zacks Model Unveils?
Our proven model does not conclusively show that Conn's is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Conn's currently carries a Zacks Rank #3 (Hold), which increases the predictive power of ESP. However, the company has an Earnings ESP of -100.00%, as the Most Accurate Estimate of a loss of 3 cents is wider than the Zacks Consensus Estimate. The combination of Conn's Zacks Rank #3 and negative ESP makes surprise prediction difficult.
Stocks with Favorable Combination
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Restoration Hardware Holdings Inc. RH has an Earnings ESP of +2.88% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here .
G-III Apparel Group, Ltd. GIII has an Earnings ESP of +4.76% and a Zacks Rank #3.
Whirlpool Corporation WHR has an Earnings ESP of +0.38% and a Zacks Rank #3.
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Whirlpool Corporation (WHR): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report
G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Further, the company recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Click to get this free report Whirlpool Corporation (WHR): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. Factors at Play Conn's has been gaining from its differentiated business strategy, which has also helped it surge 53.7% so far this year, outpacing the industry 's 24.2% growth.
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Click to get this free report Whirlpool Corporation (WHR): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. Further, the company recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Conn's, Inc. Price and EPS Surprise Conn's, Inc. Price and EPS Surprise | Conn's, Inc. Quote What to Expect?
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Click to get this free report Whirlpool Corporation (WHR): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. Further, the company recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Conn's, Inc. Price and EPS Surprise Conn's, Inc. Price and EPS Surprise | Conn's, Inc. Quote What to Expect?
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Further, the company recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Click to get this free report Whirlpool Corporation (WHR): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. We note that the Zacks Consensus Estimate has remained stable over the last 30 days.
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151c6a9d-7b32-4df9-bf50-325007e94416
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9108.0
|
2017-08-31 00:00:00 UTC
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Five Below (FIVE) Q2 Earnings Top on Spinners Trend, View Up
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AAN
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https://www.nasdaq.com/articles/five-below-five-q2-earnings-top-on-spinners-trend-view-up-2017-08-31
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nan
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nan
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Five Below, Inc.FIVE posted robust second-quarter fiscal 2017 results, wherein the top and bottom lines outpaced the Zacks Consensus Estimate and grew on a year-over-year basis.
Notably, the reported quarter witnessed highest comparable sales (comps) since the initial public offering (IPO) five years ago. Consequently, management raised its fiscal 2017 outlook following the stellar quarterly performance.
Moreover, the quarter witnessed one of the highest sales and earnings growth since the company's IPO. While the fiscal second quarter marked the eighth consecutive positive earnings surprise, it was Five Below's third straight quarter of sales beat.
However, shares of this specialty value retailer marginally declined 0.6% in the after-market trading session following the earnings release. Nevertheless, shares of this Zacks Rank #2 (Buy) company have rallied 24.1% in the last six months, as against the industry 's decline of 14.4%. Also, the stock has outperformed the Retail-Wholesale sector's gain of 8.6%.
Q2 Highlights
Five Below posted fiscal second-quarter earnings of 30 cents per share, which escalated nearly 67% from 18 cents in the year-ago quarter and topped the Zacks Consensus Estimate of 26 cents. Additionally, bottom line exceeded the company's guided range of 24-27 cents per share. The uptick can be attributable to higher sales and significant growth in margins.
Net sales grew 29% to $283.3 million from the year-ago quarter and also came ahead of the Zacks Consensus Estimate of $277 million. Also, the top line surpassed the company's guided range of $273-$280 million. The improvement was due to solid comps growth, along with strong execution of the company's strategic initiatives and store openings.
Comps increased 9.3% versus 3.1% in the prior-year quarter and also exceeded the guided range of 5-8%. This was primarily driven by the robust growth in comp transaction, coupled with sturdy performance in its core business and solid fidget spinners' sales.
Margins
Gross profit improved 34.3% year over year to $98.5 million with the gross margin expansion of roughly 145 basis points (bps) to 34.8%. The increase was mainly backed by higher merchandise margins from solid spinner sales as well as favorable store occupancy and distribution expenses.
Meanwhile, improved gross profit led operating income to jump 67.4% to $26.3 million during the fiscal second quarter. Further, operating margin expanded 220 bps from the year-ago quarter to 9.3%.
Financials
Five Below had cash and cash equivalents of $74.8 million and short-term investment securities of $92.7 million as of Jul 29. Notably, the company had no debt and its total shareholders' equity was $366.5 million at the end of the reported quarter.
During the first half of fiscal 2017, the company generated net cash from operating activities of $31.1million and incurred capital expenditures of $29.9 million.
Going forward, management still intends to incur capital expenditures of roughly $78 million for the fiscal year. This represents the introduction of new stores along with the leftover balance to be used in the company's new Home Office, store remodels, distribution centers as well as its infrastructure.
Store Update
In the quarter under review, Five Below introduced 31 stores in 13 states. While the California stores continued with its robust performance, the company looks forward to enhance its footprint in the Southern California over the next two-year period.
During the six months of fiscal 2017, the company inaugurated nearly 62 stores, which signifies roughly 60% of its store-expansion plan in the year. As of Jul 29, Five Below had roughly 600 stores across 32 states.
This specialty value retailer expects to open nearly 35 stores in the fiscal third quarter versus 26 stores introduced in the year-ago quarter. Further, it is likely to launch roughly 100 stores in the second half of fiscal 2017, taking the total store count to 622 at the end of the year.
Outlook
Management remains impressed with its quarterly performance, wherein the results beat expectations significantly. Going forward, the company remains committed to its strategic initiatives like enhancement of its digital and e-Commerce channels, improvement in customers' shopping experience, store openings as well as marketing efforts.
Consequently, the company raised its fiscal 2017 view and issued guidance for the fiscal third quarter. In fact, the fiscal year includes 53rd week in the final quarter that is likely to contribute roughly $15 million in sales as well as 2 cents in earnings.
Currently, Five Below projects sales in the band of $1.236-$1.248 billion versus $1.227-$1.242 billion forecasted during the fiscal first-quarter conference call. The projected range reflects nearly 24-25% rise from fiscal 2016. Furthermore, comps are anticipated to increase 3.5-4.5% compared with 3-4%, guided earlier.
The company estimates its operating margins to grow modestly compared with 11.4% in the previous year.
Five Below, Inc. Price, Consensus and EPS Surprise
Five Below, Inc. Price, Consensus and EPS Surprise | Five Below, Inc. Quote
Earnings for fiscal 2017 are now envisioned in the band of $1.62-$1.66 per share compared with the previous range of $1.59-$1.64. The Zacks Consensus Estimate is currently pegged at $1.64. The company delivered earnings of $1.30 per share in fiscal 2016.
For the fiscal third quarter (ending Oct 28, 2017) sales are projected to be between $241 million and $246 million. Comps are anticipated to grow 3-5%, reflecting a slower spinner fad in comparison with the quarter under review. Earnings are expected in the band of 11-13 cents per share versus 10 cents in the year-ago quarter. The Zacks Consensus Estimate is pegged at 12 cents.
Still Interested in Retail? Check these Key Picks
Some other top-ranked stocks in the Retail sector include Sally Beauty Holdings, Inc. SBH , Aaron's, Inc. AAN and The Children's Place, Inc. PLCE . While Sally Beauty and Aaron's sport a Zacks Rank #1 (Strong Buy), Children's Place carries a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Sally Beauty has long-term earnings growth rate of 5.6% and delivered positive earnings surprise of 6.1% in the last reported quarter.
Aaron's has pulled off an average positive earnings surprise of 14% in the trailing four quarters.
Children's Place has long-term earnings growth rate of 9% and came up with an average positive earnings surprise of 16.3% in the trailing four quarters.
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
Learn more >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report
Five Below, Inc. (FIVE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Check these Key Picks Some other top-ranked stocks in the Retail sector include Sally Beauty Holdings, Inc. SBH , Aaron's, Inc. AAN and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Five Below, Inc.FIVE posted robust second-quarter fiscal 2017 results, wherein the top and bottom lines outpaced the Zacks Consensus Estimate and grew on a year-over-year basis.
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Check these Key Picks Some other top-ranked stocks in the Retail sector include Sally Beauty Holdings, Inc. SBH , Aaron's, Inc. AAN and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Sally Beauty has long-term earnings growth rate of 5.6% and delivered positive earnings surprise of 6.1% in the last reported quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Check these Key Picks Some other top-ranked stocks in the Retail sector include Sally Beauty Holdings, Inc. SBH , Aaron's, Inc. AAN and The Children's Place, Inc. PLCE . Q2 Highlights Five Below posted fiscal second-quarter earnings of 30 cents per share, which escalated nearly 67% from 18 cents in the year-ago quarter and topped the Zacks Consensus Estimate of 26 cents.
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Check these Key Picks Some other top-ranked stocks in the Retail sector include Sally Beauty Holdings, Inc. SBH , Aaron's, Inc. AAN and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Sally Beauty Holdings, Inc. (SBH): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. This specialty value retailer expects to open nearly 35 stores in the fiscal third quarter versus 26 stores introduced in the year-ago quarter.
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a6fdaa9c-3ea4-47e1-85fb-f0afcf4955e9
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9109.0
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2017-08-29 00:00:00 UTC
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Holding for Harvey
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AAN
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https://www.nasdaq.com/articles/holding-harvey-2017-08-29
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nan
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nan
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Everybody's thoughts right now are with the people of Houston and the surrounding areas due to Hurricane Harvey. The storm's full impact on the market is unknown at the moment, which could explain why the major indices were mostly flat on Monday. Many investors want to know the extent of the damage before making their next moves.
"Hurricane Harvey dominated the headlines as thousands were displaced as a result of the devastating flooding happening in the Houston area," said Dave in Momentum Trader . "The market seemed to be hungover from the weekend as there was little activity in either direction."
The S&P inched forward by 0.05% to 2444.2, though the Dow slipped 0.02% to 21808.4. The NASDAQ had the best day with an advance of 0.28% to 6283.
The market wasn't alone in waiting for Harvey. The portfolios were also quiet when it came to making moves. Black Box Trader swapped out two positions in this week's adjustment…and that was about it for activity. However, the highlights section below also includes the latest version of Zacks Confidential and some analysis from Insider Trader and Counterstrike.
Today's Portfolio Highlights:
Black Box Trader: Two positions were swapped out this week. The portfolio sold Aaron's (AAN) and CBRE Group (CBG). The new buys that replaced these names are Fiat Chrysler (FCAU) and Guess (GES). Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing.
Zacks Confidential: Don't let the 2015 tumble in Chinese stocks scare you away from some of the best company growth stories around. John Blank believes that your portfolio should have exposure to this thriving economy, and Steve has given him the platform to explain in this week's Zacks Confidential . Learn about the fundamentals of the Chinese economy and get descriptions of six Megacap Internet businesses that you should watch: Now is the Time for Chinese Mega Cap Stocks.
Healthcare Innovators: The portfolio really dominated all the other services on Monday with four of the top five movers on the day. But the most impressive aspect was its TWO double-digit performers. Juno Therapeutics (JUNO) and Immune Design (IMDZ) fought it out for the top spot with surges of 18.7% and 18.4%, respectively. bluebird bio (BLUE) and Sangamo Therapeutics (SGMO) rounded out the top four with advances of 8.6% and 7.5%, respectively.
Counterstrike:"Harvey has obvious economic ramifications. Not only will there be billions of dollars in damages, but Houston is the fourth biggest economic metro area in the country. Energy is the focus, but the Houston port being closed will prevent all types product from going in and out of the area. The port saw over $29 billion in imports and $35 billion of exports from January to June of this year.
"This shutdown of a major economic region will cause a small dent in GDP and will likely effect Houston area companies from making the bottom line expectations. Most of these companies are oil related, Conoco Phillips, Halliburton and Baker Hughes all being on that list. I expect next earnings season to hear a lot about Harvey on the conference calls.
"Today was a very low volume day that was a bit confusing. I'm surprised that there wasn't more selling due to the potential economic damage in Texas. The positive is that investors might believe that the damage will not be as bad as it looks on T.V." -- Jeremy Mullin
Insider Trader:"Historically, the last week of August is usually the peak of the "dog days of summer" type of trading. This week, it's exasperated by the tragedy unfolding in Texas and Louisiana with Harvey. All eyes are still on the Gulf and sending assistance there.
"One thing that may spook the markets this week, however, is the aggressive military maneuvers by North Korea. It fired several missiles over Japan after the close of the US markets today. Futures are already opening lower on the news. It's something to watch tomorrow.
"Otherwise, the markets shouldn't really do too much this week but, as we've seen in Augusts in the past, anything can happen." -- Tracey Ryniec
All the Best,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The portfolio sold Aaron's (AAN) and CBRE Group (CBG). "Hurricane Harvey dominated the headlines as thousands were displaced as a result of the devastating flooding happening in the Houston area," said Dave in Momentum Trader . "This shutdown of a major economic region will cause a small dent in GDP and will likely effect Houston area companies from making the bottom line expectations.
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The portfolio sold Aaron's (AAN) and CBRE Group (CBG). Today's Portfolio Highlights: Black Box Trader: Two positions were swapped out this week. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy).
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The portfolio sold Aaron's (AAN) and CBRE Group (CBG). "Hurricane Harvey dominated the headlines as thousands were displaced as a result of the devastating flooding happening in the Houston area," said Dave in Momentum Trader . Today's Portfolio Highlights: Black Box Trader: Two positions were swapped out this week.
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The portfolio sold Aaron's (AAN) and CBRE Group (CBG). The NASDAQ had the best day with an advance of 0.28% to 6283. I'm surprised that there wasn't more selling due to the potential economic damage in Texas.
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290eda78-d504-4ea0-a8fa-bc8ba3aeeef6
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9110.0
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2017-08-28 00:00:00 UTC
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Zacks.com featured highlights TriNet, TopBuild, Aaron's and Saia
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-trinet-topbuild-aarons-and-saia-2017-08-28
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nan
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nan
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For Immediate Release
Chicago, IL - August 28, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ).
Screen of the Week of Zacks Investment Research:
4 Momentum Stocks to Trump the Market
It has been two decades since academics zeroed in on what we today call the "momentum effect" in stock markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction instead of moving against the drift. Unlike the hugely followed Value or Growth styles, this strategy has barely anything to do with the fundamentals of a company, and instead works with the human penchant to extrapolate current trends into the future.
At the core, momentum investing calls for investors to "Buy High, Sell Higher."
Why Does Momentum Strategy Work?
There is a simple reason behind this. It works because we are humans!
There's a whole laundry list of behavioral biases that most investors exhibit, and these emotional responses and mistakes are the very reason that momentum strategy works. For instance, we all know of investors who are afraid to book losses, and hence hold on to losing stocks for too long, hoping that they will spring back to their original prices. On the other hand, investors sell their winners way too early.
Furthermore, investors initially tend to under-react to news, events or data releases. However, once things become clear, they tend to go with the flow and overreact, causing dramatic price reactions.
These behavioral problems extend trends and thus open up huge opportunities for momentum players. So basically, it's a way to profit from the general human tendency to extrapolate current trends into the future.
Momentum investing is based on that gap in time that exists before the mean reversion occurs, i.e. before prices become rational again.
Momentum versus Other Styles
It is worth reflecting over how the momentum strategy compares with other styles of investing over time. Recent research indicates that the size premium for small-cap stocks has shrunk dramatically since the 1980s and value premium has declined radically since the 1990s. Academics are of the opinion that once research on factor premiums (like size and value) becomes known to public, the investment world catches on and the premium gradually erodes.
However, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust ever since it was identified by financial academics in the 1990s.
Chase the Alpha
Momentum strategies have been known to be alpha-generative over long periods of time and across markets. So obviously, this strategy is quite tricky to implement, as detecting these trends is no child's play.
Here, we have created a strategy that will help investors get in on these fast movers and make handsome gains. Our screen will help you take advantage of both long-term price momentum and a short-term pullback in price, which will reflect some profit-taking in the stock.
Screening Parameters
Percentage Change Price (52 Weeks) = Top #50: This item selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get stocks that have appreciated the maximum over the past one year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period.
Zacks Rank #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here.
Momentum Style Score of B or better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors including volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Style Score of A or B, when combined with a Zacks Rank #1 or #2 (Buy) handily outperform other stocks.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure strong liquidity.
Average 20-Day Volume greater than 100,000: A substantial trading volume shows that these stocks are easily tradable.
Here are four of the seven stocks that made it through this screen:
TriNet Group, Inc. (NYSE: TNET - Free Report ) provides human resources solutions for small and midsize businesses in the United States and Canada. The stock has soared nearly 65% in the past one year and carries a Momentum Style Score of A.
TopBuild Corp. (NYSE: BLD - Free Report ) engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. Its shares have gained over 62% in the past one year. The company has a Momentum Style Score of B.
Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions. The stock has appreciated almost 72% in the past one year and has a Momentum Style Score of B.
Saia, Inc. (NASDAQ: SAIA - Free Report ) operates as a transportation company in the United States. The stock has rallied over 71% in the past one year and has a Momentum Style Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Saia, Inc. (SAIA): Free Stock Analysis Report
TopBuild Corp. (BLD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
TriNet Group, Inc. (TNET): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - August 28, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ). The company has a Momentum Style Score of B. Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions. Get the full Report on TNET - FREE Get the full Report on BLD - FREE Get the full Report on AAN - FREE Get the full Report on SAIA - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL - August 28, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ). Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. The company has a Momentum Style Score of B. Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions.
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Get the full Report on TNET - FREE Get the full Report on BLD - FREE Get the full Report on AAN - FREE Get the full Report on SAIA - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - August 28, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ).
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For Immediate Release Chicago, IL - August 28, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ). The company has a Momentum Style Score of B. Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions. Get the full Report on TNET - FREE Get the full Report on BLD - FREE Get the full Report on AAN - FREE Get the full Report on SAIA - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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4b3216de-3bc4-489e-b5e3-a775f62c2f2c
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9111.0
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2017-08-28 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Best Buy, Aaron's, Childrens Place, Big Lots and Burlington Stores
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AAN
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-best-buy-aarons-childrens-place-big-lots-and-burlington
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nan
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nan
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For Immediate Release
Chicago, IL - August 28, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Best Buy Co Inc. (NYSE: BBY - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Childrens Place Inc (NASDAQ: PLCE - Free Report ), Big Lots, Inc. (NYSE: BIG - Free Report ) and Burlington Stores Inc (NYSE: BURL - Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Friday's Analyst Blog:
Back-to-College Shopping to Hit All-Time Highs: Top 5 Gainers
As summer vacation is coming to a close, it's time for students to head back to colleges and schools. This time around, however, back-to-college and back-to-school spending is expected to reach record-high levels as more students are expected to join institutions, and most notably, consumers are regaining confidence. The increased confidence can be attributed to an improving economy and healthy labor market.
As spending levels are poised to scale record highs, retailers have been witnessing an uptick in sales. Retail stocks are already moving north in a relief rally as second-quarter earnings came in better than expected. Given such bullish trends, investing in sound retail stocks seems to be prudent.
Back-to-College Season: A Big Event on the Horizon
According to the National Retail Federation's (NRF) annual survey, back-to-college spending is expected to surpass $54 billion. This figure had bottomed out in 2015, declining 19% from the peak reached in 2012. But since then, spending has increased 25%.
Deciding to send your child to college will be one of the most expensive financial decisions a family will make, and back-to-college costs--think dorm room necessities and textbooks, for instance--add up. Families are expected to spend an average of $969.88 this year, compared with $888.72 last year.
College students expect to spend mostly on electronics, with costs poised to hit $12.8 billion. Back-to-college spending will also impact a wide variety of other industries, including clothing and snacks and food items, while online, discount, and department stores are pegged to be top shopping destinations for families.
Overall, back-to-school spending is expected to rise to its second highest level on record. Families with children in elementary through high school plan to spend a total of $29.5 billion, up from $27.3 billion last year. Parents are expected to spend an average of $204.33, $238.89, $130.38 and $114.12 on electronics, apparel, shoes and school supplies, respectively. In fact, it is shoes and school supplies that are expected to see the highest increase.
And this year, the combined back-to-college and back-to-school spending is anticipated to touch $83.6 billion. This will be the second biggest haul after $83.8 billion. Spending is likely to rise on pent-up demand following the prolonged recession when parents curtailed purchases.
What's Behind the Upbeat Projections?
College enrollments have jumped this year, as students are more likely to live in off-campus housing, according to Katherine Cullen, director of retail and consumer research at NRF. This, in turn, will drive spending on home goods across several categories like snacks and beverages. Retail stocking stuffers, from Ramen noodles to futons, are well-positioned to lure these shoppers.
Electronics also constitute a large portion of students' budget, as laptops are popular among 35% of this age group, while 40% plan to buy a tablet. Needless to say, apparel, footwear and classic school supplies continue to be popular among back-to-school candidates.
Not only are more young adults enrolling in colleges, thus boosting spending levels, but greater consumer confidence is also playing a significant role. And the more confident consumers are, the more they spend. As per a survey by The University of Michigan, the consumer sentiment index rose to 97.6 in August, the highest since January.
Consumer sentiment returned to peak levels on a more positive outlook for the overall economy. Americans spent more in the spring driving the U.S. economy beyond the $19-trillion mark for the first time. Real gross domestic product grew at an annual rate of 2.6% in the second quarter and almost doubled the downwardly revised 1.2% pace of growth in the first quarter.
Consumer sentiment was also driven by the strongest labor market in years. The United States added 16.6 million jobs since 2010, driving the unemployment rate down to nearly a 16-year low of 4.4%. In fact, the U.S. job market roared back to life in June, with a better-than-expected 222,000 job additions. Payroll in May and April was revised higher to 152,000 and 207,000, respectively.
Gad Levanon, chief economist North America, for the Conference Board said that "the strong job growth in June and the upward revisions for May and April suggest that the concerns about a major slowdown in job growth were premature". Employment gains have averaged 180,000 a month this year and several economists believe that the economy might need to add only 100,000 jobs on a regular basis to maintain growth levels.
5 Retail Stocks to Rally on Back-to-College Shopping Spree
Back-to-college spending is expected to hit an all-time high, offering bright prospects for retailers and leading to a ramp up in sales. For now, retail stocks are on a rally, which is definitely encouraging amid speculations of decline in foot traffic, store closures, and bankruptcies.
We have, thus, selected five fundamentally sound retailers that can make the most of the back-to-college shopping season. Such stocks flaunt a Zacks Rank #1 (Strong Buy) or #2 (Buy) and a VGM Score of A or B. Here V stands for Value, G for Growth and M for Momentum, and the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners.
Best Buy Co Inc. (NYSE: BBY - Free Report ) is a provider of technology products, services and solutions. The company is part of the Retail - Consumer Electronics industry. The company has a Zacks Rank #2 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 0.8% over the last 60 days. The company's expected growth rates for the current quarter and next are 11.3% and 3.4%, respectively.
Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. The company operates under the Retail - Consumer Electronics industry. The company has a Zacks Rank #1 and a VGM Score of B. The Zacks Consensus Estimate for current year earnings increased 7.1% over the last 60 days. The company's expected growth rates for the current quarter and next are 10.7% and 10.3%, respectively.
Childrens Place Inc (NASDAQ: PLCE - Free Report ) is a pure-play children's specialty apparel retailer in North America. The company sells apparel, accessories, footwear and other items for children. It is part of the Retail - Apparel and Shoes industry. The company has a Zacks Rank #1 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 1.5% over the last 60 days. The company's expected growth rates for the current quarter and next are 7.6% and 11.6%, respectively. You can see the complete list of today's Zacks #1 Rank stocks here.
Big Lots, Inc. (NYSE: BIG - Free Report ) is a non-traditional, discount retailer operating in the United States. The company is part of the Retail - Discount Stores industry. It has a Zacks Rank #2 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 2.4% over the last 90 days. The company's expected growth rates for the current quarter and next are 18.4% and 6.3%, respectively.
Burlington Stores Inc (NYSE: BURL - Free Report ) is a retailer of branded apparel. The company is part of the Retail - Discount Stores industry. It has a Zacks Rank #2 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 0.8% over the last 60 days. The company's expected growth rates for the current quarter and next are 15% and around 18%, respectively.
4 Surprising Tech Stocks to Keep an Eye On
Tech stocks have been a major force behind the market's record highs, but picking the best ones to buy can be tough. There's a simple way to invest in the success of the entire sector. Zacks has just released a Special Report revealing one thing tech companies literally cannot function without. More importantly, it reveals 4 top stocks set to skyrocket on increasing demand for these devices. I encourage you to get the report now - before the next wave of innovations really takes off.
See Stocks Now>>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Get the full Report on BBY - FREE
Get the full Report on AAN - FREE
Get the full Report on PLCE - FREE
Get the full Report on BIG - FREE
Get the full Report on BURL - FREE
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Big Lots, Inc. (BIG): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include Best Buy Co Inc. (NYSE: BBY - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Childrens Place Inc (NASDAQ: PLCE - Free Report ), Big Lots, Inc. (NYSE: BIG - Free Report ) and Burlington Stores Inc (NYSE: BURL - Free Report ). Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. Get the full Report on BBY - FREE Get the full Report on AAN - FREE Get the full Report on PLCE - FREE Get the full Report on BIG - FREE Get the full Report on BURL - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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Stocks recently featured in the blog include Best Buy Co Inc. (NYSE: BBY - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Childrens Place Inc (NASDAQ: PLCE - Free Report ), Big Lots, Inc. (NYSE: BIG - Free Report ) and Burlington Stores Inc (NYSE: BURL - Free Report ). Get the full Report on BBY - FREE Get the full Report on AAN - FREE Get the full Report on PLCE - FREE Get the full Report on BIG - FREE Get the full Report on BURL - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Best Buy Co Inc. (NYSE: BBY - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Childrens Place Inc (NASDAQ: PLCE - Free Report ), Big Lots, Inc. (NYSE: BIG - Free Report ) and Burlington Stores Inc (NYSE: BURL - Free Report ). Get the full Report on BBY - FREE Get the full Report on AAN - FREE Get the full Report on PLCE - FREE Get the full Report on BIG - FREE Get the full Report on BURL - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Best Buy Co Inc. (NYSE: BBY - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Childrens Place Inc (NASDAQ: PLCE - Free Report ), Big Lots, Inc. (NYSE: BIG - Free Report ) and Burlington Stores Inc (NYSE: BURL - Free Report ). Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. Get the full Report on BBY - FREE Get the full Report on AAN - FREE Get the full Report on PLCE - FREE Get the full Report on BIG - FREE Get the full Report on BURL - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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0e2a5772-af85-4422-a448-f373a1a081b2
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9112.0
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2017-08-25 00:00:00 UTC
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Back-to-College Shopping to Hit All-Time High: Top 5 Gainers
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AAN
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https://www.nasdaq.com/articles/back-college-shopping-hit-all-time-high-top-5-gainers-2017-08-25
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nan
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nan
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As summer vacation is coming to a close, it's time for students to head back to colleges and schools. This time around, however, back-to-college and back-to-school spending is expected to reach record-high levels as more students are expected to join institutions, and most notably, consumers are regaining confidence. The increased confidence can be attributed to an improving economy and healthy labor market.
As spending levels are poised to scale record highs, retailers have been witnessing an uptick in sales. Retail stocks are already moving north in a relief rally as second-quarter earnings came in better than expected. Given such bullish trends, investing in sound retail stocks seems to be prudent.
Back-to-College Season: A Big Event on the Horizon
According to the National Retail Federation's (NRF) annual survey, back-to-college spending is expected to surpass $54 billion. This figure had bottomed out in 2015, declining 19% from the peak reached in 2012. But since then, spending has increased 25%.
Deciding to send your child to college will be one of the most expensive financial decisions a family will make, and back-to-college costs--think dorm room necessities and textbooks, for instance--add up. Families are expected to spend an average of $969.88 this year, compared with $888.72 last year.
College students expect to spend mostly on electronics, with costs poised to hit $12.8 billion. Back-to-college spending will also impact a wide variety of other industries, including clothing and snacks and food items, while online, discount, and department stores are pegged to be top shopping destinations for families.
Overall, back-to-school spending is expected to rise to its second highest level on record. Families with children in elementary through high school plan to spend a total of $29.5 billion, up from $27.3 billion last year. Parents are expected to spend an average of $204.33, $238.89, $130.38 and $114.12 on electronics, apparel, shoes and school supplies, respectively. In fact, it is shoes and school supplies that are expected to see the highest increase.
And this year, the combined back-to-college and back-to-school spending is anticipated to touch $83.6 billion. This will be the second biggest haul after $83.8 billion. Spending is likely to rise on pent-up demand following the prolonged recession when parents curtailed purchases.
What's Behind the Upbeat Projections?
College enrollments have jumped this year, as students are more likely to live in off-campus housing, according to Katherine Cullen, director of retail and consumer research at NRF. This, in turn, will drive spending on home goods across several categories like snacks and beverages. Retail stocking stuffers, from Ramen noodles to futons, are well-positioned to lure these shoppers.
Electronics also constitute a large portion of students' budget, as laptops are popular among 35% of this age group, while 40% plan to buy a tablet. Needless to say, apparel, footwear and classic school supplies continue to be popular among back-to-school candidates.
Not only are more young adults enrolling in colleges, thus boosting spending levels, but greater consumer confidence is also playing a significant role. And the more confident consumers are, the more they spend. As per a survey by The University of Michigan, the consumer sentiment index rose to 97.6 in August, the highest since January.
Consumer sentiment returned to peak levels on a more positive outlook for the overall economy. Americans spent more in the spring driving the U.S. economy beyond the $19-trillion mark for the first time. Real gross domestic product grew at an annual rate of 2.6% in the second quarter and almost doubled the downwardly revised 1.2% pace of growth in the first quarter.
Consumer sentiment was also driven by the strongest labor market in years. The United States added 16.6 million jobs since 2010, driving the unemployment rate down to nearly a 16-year low of 4.4%. In fact, the U.S. job market roared back to life in June, with a better-than-expected 222,000 job additions. Payroll in May and April was revised higher to 152,000 and 207,000, respectively.
Gad Levanon, chief economist North America, for the Conference Board said that "the strong job growth in June and the upward revisions for May and April suggest that the concerns about a major slowdown in job growth were premature". Employment gains have averaged 180,000 a month this year and several economists believe that the economy might need to add only 100,000 jobs on a regular basis to maintain growth levels.
5 Retail Stocks to Rally on Back-to-College Shopping Spree
Back-to-college spending is expected to hit an all-time high, offering bright prospects for retailers and leading to a ramp up in sales. For now, retail stocks are on a rally, which is definitely encouraging amid speculations of decline in foot traffic, store closures, and bankruptcies.
We have, thus, selected five fundamentally sound retailers that can make the most of the back-to-college shopping season. Such stocks flaunt a Zacks Rank #1 (Strong Buy) or #2 (Buy) and a VGM Score of A or B. Here V stands for Value, G for Growth and M for Momentum, and the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners.
Best Buy Co Inc.BBY is a provider of technology products, services and solutions. The company is part of the Retail - Consumer Electronics industry. The company has a Zacks Rank #2 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 0.8% over the last 60 days. The company's expected growth rates for the current quarter and next are 11.3% and 3.4%, respectively.
Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. The company operates under the Retail - Consumer Electronics industry. The company has a Zacks Rank #1 and a VGM Score of B. The Zacks Consensus Estimate for current year earnings increased 7.1% over the last 60 days. The company's expected growth rates for the current quarter and next are 10.7% and 10.3%, respectively.
Childrens Place IncPLCE is a pure-play children's specialty apparel retailer in North America. The company sells apparel, accessories, footwear and other items for children. It is part of the Retail - Apparel and Shoes industry. The company has a Zacks Rank #1 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 1.5% over the last 60 days. The company's expected growth rates for the current quarter and next are 7.6% and 11.6%, respectively. You can see the complete list of today's Zacks #1 Rank stocks here.
Big Lots, Inc.BIG is a non-traditional, discount retailer operating in the United States. The company is part of the Retail - Discount Stores industry. It has a Zacks Rank #2 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 2.4% over the last 90 days. The company's expected growth rates for the current quarter and next are 18.4% and 6.3%, respectively.
Burlington Stores IncBURL is a retailer of branded apparel. The company is part of the Retail - Discount Stores industry. It has a Zacks Rank #2 and a VGM Score of A. The Zacks Consensus Estimate for current year earnings increased 0.8% over the last 60 days. The company's expected growth rates for the current quarter and next are 15% and around 18%, respectively.
4 Surprising Tech Stocks to Keep an Eye On
Tech stocks have been a major force behind the market's record highs, but picking the best ones to buy can be tough. There's a simple way to invest in the success of the entire sector. Zacks has just released a Special Report revealing one thing tech companies literally cannot function without. More importantly, it reveals 4 top stocks set to skyrocket on increasing demand for these devices. I encourage you to get the report now - before the next wave of innovations really takes off.
See Stocks Now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Big Lots, Inc. (BIG): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report To read this article on Zacks.com click here. Deciding to send your child to college will be one of the most expensive financial decisions a family will make, and back-to-college costs--think dorm room necessities and textbooks, for instance--add up.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. College students expect to spend mostly on electronics, with costs poised to hit $12.8 billion.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. This time around, however, back-to-college and back-to-school spending is expected to reach record-high levels as more students are expected to join institutions, and most notably, consumers are regaining confidence.
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Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report To read this article on Zacks.com click here. But since then, spending has increased 25%.
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0da16843-36cf-4b10-91cc-6795b6ba250a
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9113.0
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2017-08-25 00:00:00 UTC
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Zacks.com featured highlights TriNet Group, TopBuild, Aaron's and Saia
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-trinet-group-topbuild-aarons-and-saia-2017-08-25
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nan
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nan
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For Immediate Release
Chicago, IL - August 25, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ).
Screen of the Week of Zacks Investment Research:
4 Momentum Stocks to Trump the Market
It has been two decades since academics zeroed in on what we today call the "momentum effect" in stock markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction instead of moving against the drift. Unlike the hugely followed Value or Growth styles, this strategy has barely anything to do with the fundamentals of a company, and instead works with the human penchant to extrapolate current trends into the future.
At the core, momentum investing calls for investors to "Buy High, Sell Higher."
Why Does Momentum Strategy Work?
There is a simple reason behind this. It works because we are humans!
There's a whole laundry list of behavioral biases that most investors exhibit, and these emotional responses and mistakes are the very reason that momentum strategy works. For instance, we all know of investors who are afraid to book losses, and hence hold on to losing stocks for too long, hoping that they will spring back to their original prices. On the other hand, investors sell their winners way too early.
Furthermore, investors initially tend to under-react to news, events or data releases. However, once things become clear, they tend to go with the flow and overreact, causing dramatic price reactions.
These behavioral problems extend trends and thus open up huge opportunities for momentum players. So basically, it's a way to profit from the general human tendency to extrapolate current trends into the future.
Momentum investing is based on that gap in time that exists before the mean reversion occurs, i.e. before prices become rational again.
Momentum versus Other Styles
It is worth reflecting over how the momentum strategy compares with other styles of investing over time. Recent research indicates that the size premium for small-cap stocks has shrunk dramatically since the 1980s and value premium has declined radically since the 1990s. Academics are of the opinion that once research on factor premiums (like size and value) becomes known to public, the investment world catches on and the premium gradually erodes.
However, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust ever since it was identified by financial academics in the 1990s.
Chase the Alpha
Momentum strategies have been known to be alpha-generative over long periods of time and across markets. So obviously, this strategy is quite tricky to implement, as detecting these trends is no child's play.
Here, we have created a strategy that will help investors get in on these fast movers and make handsome gains. Our screen will help you take advantage of both long-term price momentum and a short-term pullback in price, which will reflect some profit-taking in the stock.
Screening Parameters
Percentage Change Price (52 Weeks) = Top #50: This item selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get stocks that have appreciated the maximum over the past one year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period.
Zacks Rank #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here.
Momentum Style Score of B or better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors including volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Style Score of A or B, when combined with a Zacks Rank #1 or #2 (Buy) handily outperform other stocks.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure strong liquidity.
Average 20-Day Volume greater than 100,000: A substantial trading volume shows that these stocks are easily tradable.
Here are four of the seven stocks that made it through this screen:
TriNet Group, Inc. (NYSE: TNET - Free Report ) provides human resources solutions for small and midsize businesses in the United States and Canada. The stock has soared nearly 65% in the past one year and carries a Momentum Style Score of A.
TopBuild Corp. (NYSE: BLD - Free Report ) engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. Its shares have gained over 62% in the past one year. The company has a Momentum Style Score of B.
Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions. The stock has appreciated almost 72% in the past one year and has a Momentum Style Score of B.
Saia, Inc. (NASDAQ: SAIA - Free Report ) operates as a transportation company in the United States. The stock has rallied over 71% in the past one year and has a Momentum Style Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on TNET - FREE
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Contact: Jim Giaquinto
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Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Saia, Inc. (SAIA): Free Stock Analysis Report
TopBuild Corp. (BLD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
TriNet Group, Inc. (TNET): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - August 25, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ). The company has a Momentum Style Score of B. Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions. Get the full Report on TNET - FREE Get the full Report on BLD - FREE Get the full Report on AAN - FREE Get the full Report on SAIA - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL - August 25, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ). Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. The company has a Momentum Style Score of B. Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions.
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Get the full Report on TNET - FREE Get the full Report on BLD - FREE Get the full Report on AAN - FREE Get the full Report on SAIA - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - August 25, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ).
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For Immediate Release Chicago, IL - August 25, 2017 - Stocks in this week's article include TriNet Group, Inc. (NYSE: TNET - Free Report ), TopBuild Corp. (NYSE: BLD - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ) and Saia, Inc. (NASDAQ: SAIA - Free Report ). The company has a Momentum Style Score of B. Aaron's, Inc. (NYSE: AAN - Free Report ) operates an omnichannel provider of lease-purchase solutions. Get the full Report on TNET - FREE Get the full Report on BLD - FREE Get the full Report on AAN - FREE Get the full Report on SAIA - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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33c2b767-f693-4e4d-8cf6-9bd0f3f81bb1
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9114.0
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2017-08-24 00:00:00 UTC
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4 Momentum Stocks to Trump the Market
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AAN
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https://www.nasdaq.com/articles/4-momentum-stocks-to-trump-the-market-2017-08-24
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nan
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nan
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It has been two decades since academics zeroed in on what we today call the "momentum effect" in stock markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction instead of moving against the drift. Unlike the hugely followed Value or Growth styles, this strategy has barely anything to do with the fundamentals of a company, and instead works with the human penchant to extrapolate current trends into the future.
At the core, momentum investing calls for investors to "Buy High, Sell Higher."
Why Does Momentum Strategy Work?
There is a simple reason behind this. It works because we are humans!
There's a whole laundry list of behavioral biases that most investors exhibit, and these emotional responses and mistakes are the very reason that momentum strategy works. For instance, we all know of investors who are afraid to book losses, and hence hold on to losing stocks for too long, hoping that they will spring back to their original prices. On the other hand, investors sell their winners way too early.
Furthermore, investors initially tend to under-react to news, events or data releases. However, once things become clear, they tend to go with the flow and overreact, causing dramatic price reactions.
These behavioral problems extend trends and thus open up huge opportunities for momentum players. So basically, it's a way to profit from the general human tendency to extrapolate current trends into the future.
Momentum investing is based on that gap in time that exists before the mean reversion occurs, i.e. before prices become rational again.
Momentum versus Other Styles
It is worth reflecting over how the momentum strategy compares with other styles of investing over time. Recent research indicates that the size premium for small-cap stocks has shrunk dramatically since the 1980s and value premium has declined radically since the 1990s. Academics are of the opinion that once research on factor premiums (like size and value) becomes known to public, the investment world catches on and the premium gradually erodes.
However, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust ever since it was identified by financial academics in the 1990s.
Chase the Alpha
Momentum strategies have been known to be alpha-generative over long periods of time and across markets. So obviously, this strategy is quite tricky to implement, as detecting these trends is no child's play.
Here, we have created a strategy that will help investors get in on these fast movers and make handsome gains. Our screen will help you take advantage of both long-term price momentum and a short-term pullback in price, which will reflect some profit-taking in the stock.
Screening Parameters
Percentage Change Price (52 Weeks) = Top #50: This item selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get stocks that have appreciated the maximum over the past one year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period.
Zacks Rank #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here.
MomentumStyle Scoreof B or better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors including volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Style Score of A or B, when combined with a Zacks Rank #1 or #2 (Buy) handily outperform other stocks.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure strong liquidity.
Average 20-Day Volume greater than 100,000: A substantial trading volume shows that these stocks are easily tradable.
Here are four of the seven stocks that made it through this screen:
TriNet Group, Inc.TNET provides human resources solutions for small and midsize businesses in the United States and Canada. The stock has soared nearly 65% in the past one year and carries a Momentum Style Score of A.
TopBuild Corp.BLD engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. Its shares have gained over 62% in the past one year. The company has a Momentum Style Score of B.
Aaron's, Inc.AAN operates an omnichannel provider of lease-purchase solutions. The stock has appreciated almost 72% in the past one year and has a Momentum Style Score of B.
Saia, Inc.SAIA operates as a transportation company in the United States. The stock has rallied over 71% in the past one year and has a Momentum Style Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Saia, Inc. (SAIA): Free Stock Analysis Report
TopBuild Corp. (BLD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
TriNet Group, Inc. (TNET): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company has a Momentum Style Score of B. Aaron's, Inc.AAN operates an omnichannel provider of lease-purchase solutions. Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. MomentumStyle Scoreof B or better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors including volume change and performance relative to its peers.
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Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. The company has a Momentum Style Score of B. Aaron's, Inc.AAN operates an omnichannel provider of lease-purchase solutions. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
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Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. The company has a Momentum Style Score of B. Aaron's, Inc.AAN operates an omnichannel provider of lease-purchase solutions. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
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The company has a Momentum Style Score of B. Aaron's, Inc.AAN operates an omnichannel provider of lease-purchase solutions. Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Unlike the hugely followed Value or Growth styles, this strategy has barely anything to do with the fundamentals of a company, and instead works with the human penchant to extrapolate current trends into the future.
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540cefa0-ab75-489b-9611-3def741d3ee2
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9115.0
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2017-08-24 00:00:00 UTC
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How Aaron's (AAN) Stock Stands Out in a Strong Industry
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AAN
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https://www.nasdaq.com/articles/how-aarons-aan-stock-stands-out-in-a-strong-industry-2017-08-24
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nan
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nan
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One stock that might be an intriguing choice for investors right now is Aaron's, Inc.AAN . This is because this security in the Retail - Consumer Electronics space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Retail - Consumer Electronics space space as it currently has a Zacks Industry Rank of 11 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Aaron's is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term.
In fact, over the past month, current quarter estimates have risen from 52 cents per share to 55 cents per share, while current year estimates have risen from $2.41 per share to $2.58 per share. This has helped AAN to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
So, if you are looking for a decent pick in a strong industry, consider Aaron's. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
Learn more >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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One stock that might be an intriguing choice for investors right now is Aaron's, Inc.AAN . This has helped AAN to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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One stock that might be an intriguing choice for investors right now is Aaron's, Inc.AAN . This has helped AAN to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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One stock that might be an intriguing choice for investors right now is Aaron's, Inc.AAN . This has helped AAN to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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One stock that might be an intriguing choice for investors right now is Aaron's, Inc.AAN . This has helped AAN to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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f78dc575-e2fe-4157-9a69-a76ca45e74de
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9116.0
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2017-08-22 00:00:00 UTC
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Herbalife (HLF) Catches Eye: Stock Jumps 9.8%
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AAN
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https://www.nasdaq.com/articles/herbalife-hlf-catches-eye%3A-stock-jumps-9.8-2017-08-22
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nan
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nan
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Herbalife Ltd.HLF was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company-as the stock is now down -1.58% in the past one-month time frame.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Herbalife currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Herbalife LTD. Price and EPS Surprise
Herbalife LTD. Price and EPS Surprise | Herbalife LTD. Quote
Another stock worth considering in the Retail-Wholesale sector is Aaron's, Inc.AAN which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is HLF going up? Or down? Predict to see what others think: Up or Down
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Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Herbalife LTD. (HLF): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Herbalife LTD. Price and EPS Surprise Herbalife LTD. Price and EPS Surprise | Herbalife LTD. Quote Another stock worth considering in the Retail-Wholesale sector is Aaron's, Inc.AAN which carries a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Herbalife Ltd.HLF was a big mover last session, as the company saw its shares rise over 9% on the day.
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Herbalife LTD. Price and EPS Surprise Herbalife LTD. Price and EPS Surprise | Herbalife LTD. Quote Another stock worth considering in the Retail-Wholesale sector is Aaron's, Inc.AAN which carries a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Herbalife LTD. Price and EPS Surprise Herbalife LTD. Price and EPS Surprise | Herbalife LTD. Quote Another stock worth considering in the Retail-Wholesale sector is Aaron's, Inc.AAN which carries a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Herbalife LTD. Price and EPS Surprise Herbalife LTD. Price and EPS Surprise | Herbalife LTD. Quote Another stock worth considering in the Retail-Wholesale sector is Aaron's, Inc.AAN which carries a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Herbalife Ltd.HLF was a big mover last session, as the company saw its shares rise over 9% on the day.
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9117.0
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2017-08-21 00:00:00 UTC
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Should You Get Rid of Autobytel (ABTL) Now?
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https://www.nasdaq.com/articles/should-you-get-rid-of-autobytel-abtl-now-2017-08-21
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nan
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nan
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is Autobytel Inc.ABTL , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in ABTL.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen one estimate moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from $1.27 a share a month ago to its current level of $1.04.
Also, for the current quarter, Autobytel has seen one downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to 19 cents a share from 32 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 31.3% in the past month.
Autobytel Inc. Price and Consensus
Autobytel Inc. Price and Consensus | Autobytel Inc. Quote
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . The stock currently holds a Zacks Rank #1 (Strong Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank stocks here .
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Autobytel Inc. (ABTL): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . Click to get this free report Autobytel Inc. (ABTL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns.
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Click to get this free report Autobytel Inc. (ABTL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . Autobytel Inc. Price and Consensus Autobytel Inc. Price and Consensus | Autobytel Inc. Quote So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
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Click to get this free report Autobytel Inc. (ABTL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . One such stock that you may want to consider dropping is Autobytel Inc.ABTL , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year.
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Click to get this free report Autobytel Inc. (ABTL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . One such stock that you may want to consider dropping is Autobytel Inc.ABTL , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year.
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da9b17a9-b74d-44e9-9c7a-7032031b5eef
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9118.0
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2017-08-21 00:00:00 UTC
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Trump & Terror Hint at Market Pullback: 5 Ultra-Safe Picks
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https://www.nasdaq.com/articles/trump-terror-hint-market-pullback-5-ultra-safe-picks-2017-08-21
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nan
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Investors seem to be getting increasingly anxious about President Trump's capability to push through his pro-business agenda. The backlash following his remarks on the violent protests in Charlottesville, which also led to the exodus of business executives from his prominent councils, aggravated matters. In the wake of these, Trump's senior adviser Steve Bannon's dismissal from the White House raised hue and cry among the Republican congress men. Heightened terror fears added to the malaise after several lives were lost after a van plowed into a crowd in Barcelona.
Such developments compelled U.S. stock benchmarks to close lower, while a measure of market volatility scaled higher. Some strategists also believe that the market is now the most expensive since 2003, which might result in further selloffs.
Thanks to the bearish trends, investing in stocks unperturbed by market gyrations seems to be a prudent choice.
Increased Volatility Indicate Bearish Market Prospects
Lately, there has been a lot of evidence that volatility is making a comeback. The so-called "fear-index", the CBOE Volatility Index (VIX), has climbed around 50% so far this month. And if it remains so till the end of this month, it will be the highest one-month percentage increase since August 2015. The VIX is already up 10% on a year-to-date basis. Thanks to such an upward trajectory, the VIX's 10-day moving average has crossed its 100-day moving average, a sign of further spike in volatility and stock market decline.
Skittish investors have already left Wall Street in fears of additional pullbacks. The Dow Jones and the S&P 500 booked the second straight weekly loss, with the blue-chip index suffering its steepest two-week percentage decline since mid-September 2016. The tech-heavy Nasdaq Composite, in the meanwhile, logged its fourth straight weekly loss, its longest losing weekly streak since May 2016.
Anxiety Increases Over Trump's Unpopularity
U.S. equities closed off session lows after Steve Bannon left the administration. The departure of Bannon exposed a lot of disagreement in the Trump-era Republican Party. Such differences are hampering Trump administration's efforts to kick-start the pro-economic policies. Needless to say, Trump's promises on deregulation, trimming taxes and increasing infrastructure outlays, did, help the broader markets gain traction and climb to record highs this year.
Bannon's departure may offer some clarity concerning the balance of power in the White House, but, the timing was disastrous. Republican congress leaders are seriously frayed following Trump's abstruse remarks on the white supremacist rally in Charlottesville that resulted in the death of a counter-protester at the hands of a suspected Nazi sympathizer. In fact, he added to the woes of his own administration by saying "both sides" are liable for the bloodshed.
The real estate magnets' approval rating has tanked to a record low as his words and actions continue to rattle investors. Several top executives have already parted ways with Trump and have condemned his confrontational response to the Charlottesville incident.
Terror Concerns Linger
Stocks witnessed an extended slide after terrorists struck a crowded tourist street. A van, last week, went through a crowd of tourists in Barcelona, killing at least 13. Such a dastardly act was followed by a second attack in Cambrils, where police said they had shot five terrorists. Both the incidents have claimed the lives of at least 14, with 130 others severely injured.
Travel and leisure stocks took a beating along with banks, while industries across the board were caught in the downturn. Such unfortunate events remind us that the geopolitical risks still pose a threat, with nerves still raw from the escalated tensions in North Korea.
Bet on These 5 Safe Stocks Now
Concerns about Trump administration's policy paralysis are weighing on stocks, while intensified terror is adding to the malaise. The market, in the meanwhile, is now more expensive that it has been since the dot-com era, a reason for further pullbacks. According to a report by Bank of America Corp BAC , the S&P 500's forward price-earnings ratio touched its highest level in thirteen and a half years, last month (read more: 5 Great Value Picks for the World's Priciest Market ).
With the markets apprehending a healthy pullback, investing in stocks that are immune to market gyrations seems judicious. The best way to go about doing this is by creating a portfolio of low-beta stocks, which are inherently less volatile than the markets they trade in. In this case, a low beta ranges from 0 to 1.
These stocks also boast a Zacks Rank #1 (Strong Buy) or 2 (Buy) and have yielded positive returns in the last four weeks, when the broader markets mostly ended in the red.
Health Insurance Innovations IncHIIQ is a developer, distributor and cloud-based administrator of individual and family health insurance plans and supplemental products. The company has a Zacks Rank #1 and a beta of 0.68. The company has given a solid return of 19.1% in the last four weeks. In fact, the company has outperformed the industry on a year-to-date basis (+85.4% vs +8.5%).
Health Insurance Innovations' expected growth rate for the current and next quarters are 13.3% and 14.3%, respectively.
BioTelemetry, Inc.BEAT provides cardiac monitoring, cardiac monitoring device manufacturing, and centralized cardiac core laboratory services. The company has a Zacks Rank #2 and a beta of 0.76. The company has given a steady return of 2% in the last four weeks. In fact, the company has outperformed the industry on a year-to-date basis (+59.8% vs +13.6%).
BioTelemetry's expected growth rate for the current and next quarters are almost 31% and 47.8%, respectively.
Solaredge Technologies IncSEDG designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States and internationally. The company has a Zacks Rank #1 and a beta of 0.04. The company has given a solid return of 19.7% in the last four weeks. In fact, the company has outperformed the industry on a year-to-date basis (+115.3% vs +15.3%).
Solaredge Technologies' expected growth rate for the current and next quarters are 2.4% and 10.9%, respectively. You can see the complete list of today's Zacks #1 Rank stocks here.
Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. The company has a Zacks Rank #1 and a beta of 0.17. The company has given a solid return of 10.1% in the last four weeks. In fact, the company has outperformed the industry on a year-to-date basis (+36.1% vs +19.2%).
Aaron's expected growth rate for the current and next quarters are 10.7% and 10.3%, respectively.
Petmed Express IncPETS and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The company has a Zacks Rank #2 and a beta of 0.99. The company has given a solid return of 13.6% in the last four weeks. In fact, the company has outperformed the industry on a year-to-date basis (+92% vs +19.2%).
Petmed Express's expected growth rate for the current and next quarters are 25% and 16.7%, respectively.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Bank of America Corporation (BAC): Free Stock Analysis Report
PetMed Express, Inc. (PETS): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Health Insurance Innovations, Inc. (HIIQ): Free Stock Analysis Report
BioTelemetry, Inc. (BEAT): Free Stock Analysis Report
SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. Click to get this free report Bank of America Corporation (BAC): Free Stock Analysis Report PetMed Express, Inc. (PETS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Health Insurance Innovations, Inc. (HIIQ): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report To read this article on Zacks.com click here. Republican congress leaders are seriously frayed following Trump's abstruse remarks on the white supremacist rally in Charlottesville that resulted in the death of a counter-protester at the hands of a suspected Nazi sympathizer.
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Click to get this free report Bank of America Corporation (BAC): Free Stock Analysis Report PetMed Express, Inc. (PETS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Health Insurance Innovations, Inc. (HIIQ): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. Health Insurance Innovations' expected growth rate for the current and next quarters are 13.3% and 14.3%, respectively.
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Click to get this free report Bank of America Corporation (BAC): Free Stock Analysis Report PetMed Express, Inc. (PETS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Health Insurance Innovations, Inc. (HIIQ): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. Bet on These 5 Safe Stocks Now Concerns about Trump administration's policy paralysis are weighing on stocks, while intensified terror is adding to the malaise.
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Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions. Click to get this free report Bank of America Corporation (BAC): Free Stock Analysis Report PetMed Express, Inc. (PETS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Health Insurance Innovations, Inc. (HIIQ): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report To read this article on Zacks.com click here. Increased Volatility Indicate Bearish Market Prospects Lately, there has been a lot of evidence that volatility is making a comeback.
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2017-08-17 00:00:00 UTC
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3 Great Reports Amid Retail’s Horrible Earnings Season
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AAN
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https://www.nasdaq.com/articles/3-great-reports-amid-retails-horrible-earnings-season-2017-08-17
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
As another earnings season passes us by, concern about the state of the retail industry is once again rising. Changing consumer habits and competition from e-commerce sites have devastated several traditional retail giants, and very few encouraging retail reports emerged this earnings season.
Of course, "very few" does not mean "none at all." Indeed, some retailers-be it those who have been deemed Amazon.com, Inc. (NASDAQ: AMZN )-proof, or those who have successfully adapted to the times-were able to produce quality results in the most recent quarter.
So who sticks out from the pack? Which retail companies actually did report solid earnings? Check out these three stocks below:
Nordstrom, Inc. (JWN)
While several of its department store peers disappointed investors, Nordstrom, Inc. (NYSE: JWN ) was able to post earnings and revenue figures that topped estimates this quarter. Adjusted earnings of 65 cents per share beat the Zacks Consensus Estimate of 62 cents and extended the company's surprise streak to five. Total revenue of $3.8 billion surpassed our consensus estimate of $3.73 billion.
Net retail sales increased 3.5%, while credit card revenues rose 28.8%. Total company comps rose 1.7%, driven by comps growth at both full-line and Rack stores. Nordstrom Rack total revenues, which include Rack stores and nordstromrack.com) gained 9.8%. So far this year, the company has opened a total of six new Rack stores and closed one full-line store-not bad in the face of shuttering department stores around the country.
Nordstrom now anticipates net sales growth of nearly 4% for fiscal 2017, which is at the high-end of its previous guidance of nearly 3-4% growth. Also, the company now envisions fiscal 2017 earnings per share in the range of $2.85-$3.00, compared with $2.75-$3.00 projected earlier.
JWN is currently a Zacks Rank #3 (Hold), but the stock does carry "A" grades in each of our Style Score categories, including the overall weighted average VGM category.
Home Depot Inc (HD)
Home Depot Inc (NYSE: HD ) reported better-than-expected earnings and revenue results before the bell on Tuesday, adding more support to the idea that it is one of the few retailers safe from the dangers of Amazon and providing more evidence that the housing market is relatively sound right now.
The company posted fiscal second-quarter earnings of $2.25 per share, which was up more than 14.2% from the year-ago quarter and comfortably beat the Zacks Consensus Estimate of $2.21. Net sales grew 6.2% to $28.1 billion, while comparable-store sales were up about 6.3% year-over-year.
Thanks to its impressive performance in the first half of the year, Home Depot now expects sales growth of 5.3% and comps growth of 5.5% for the full fiscal year. The company also raised its full-year earnings outlook to $7.29 per share from $7.15 per share.
Interestingly, Home Depot's beat and raise was not met with immediate excitement from investors, and shares were actually down more than 3% through early afternoon trading Tuesday. However, Home Depot's report contained plenty of strength, so it will be interesting to see if the stock rebounds soon. Currently, HD is a Zacks Rank #2 (Buy).
Aaron's, Inc. (AAN)
Despite a tough retail environment, Aaron's, Inc. (NYSE: AAN ) was able to post its fifth-straight earnings beat in the most recent quarter. Indeed, earnings of 68 cents per share surpassed our Zacks Consensus Estimate of 58 cents by a cool 17%.
Revenues of $815.6 million were up about 3.3% year-over-year and above our consensus estimate of $790 million, perhaps adding to the theory that the company's rent-to-own model could be helping it stick out right now. However, comparable store sales are continuing to slump, which is a familiar story in the retail industry.
Nevertheless, share of Aaron's received a nice lift from the report. The company released its earnings details before the market opened on July 28, and the stock closed more than 17% higher that day. Aaron's also recently announced that it was purchasing its largest franchisee, a move that investors clearly feel is coming from a position of strength.
In fact, Aaron's shares are up over 41% year-to-date, making it one of the best performing stocks in the retail sector this year. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B."
Want morestock market analysisfrom this author? Make sure to follow @ Ryan_McQueeney on Twitter!
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >>
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The post 3 Great Reports Amid Retail's Horrible Earnings Season appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's, Inc. (NYSE: AAN ) was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B." The company posted fiscal second-quarter earnings of $2.25 per share, which was up more than 14.2% from the year-ago quarter and comfortably beat the Zacks Consensus Estimate of $2.21.
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Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's, Inc. (NYSE: AAN ) was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B." Total company comps rose 1.7%, driven by comps growth at both full-line and Rack stores.
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Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's, Inc. (NYSE: AAN ) was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B." Adjusted earnings of 65 cents per share beat the Zacks Consensus Estimate of 62 cents and extended the company's surprise streak to five.
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Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's, Inc. (NYSE: AAN ) was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B." Which retail companies actually did report solid earnings?
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2017-08-16 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Amazon, Nordstrom, The Home Depot and Aaron's
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AAN
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-amazon-nordstrom-the-home-depot-and-aarons-2017-08-16
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For Immediate Release
Chicago, IL - August 16, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Amazon (NASDAQ: AMZN - Free Report ), Nordstrom Inc. (NYSE: JWN - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday's Analyst Blog:
3 Great Reports Amid Retail's Horrible Earnings Season
As another earnings season passes us by, concern about the state of the retail industry is once again rising. Changing consumer habits and competition from e-commerce sites have devastated several traditional retail giants, and very few encouraging retail reports emerged this earnings season.
Of course, "very few" does not mean "none at all." Indeed, some retailers-be it those who have been deemed Amazon (NASDAQ: AMZN - Free Report )-proof, or those who have successfully adapted to the times-were able to produce quality results in the most recent quarter.
So who sticks out from the pack? Which retail companies actually did report solid earnings? Check out these three stocks below:
1. Nordstrom Inc. (NYSE: JWN - Free Report )
While several of its department store peers disappointed investors, Nordstrom was able to post earnings and revenue figures that topped estimates this quarter. Adjusted earnings of 65 cents per share beat the Zacks Consensus Estimate of 62 cents and extended the company's surprise streak to five. Total revenue of $3.8 billion surpassed our consensus estimate of $3.73 billion.
Net retail sales increased 3.5%, while credit card revenues rose 28.8%. Total company comps rose 1.7%, driven by comps growth at both full-line and Rack stores. Nordstrom Rack total revenues, which include Rack stores and nordstromrack.com) gained 9.8%. So far this year, the company has opened a total of six new Rack stores and closed one full-line store-not bad in the face of shuttering department stores around the country.
Nordstrom now anticipates net sales growth of nearly 4% for fiscal 2017, which is at the high-end of its previous guidance of nearly 3-4% growth. Also, the company now envisions fiscal 2017 earnings per share in the range of $2.85-$3.00, compared with $2.75-$3.00 projected earlier.
JWN is currently a Zacks Rank #3 (Hold), but the stock does carry "A" grades in each of our Style Score categories, including the overall weighted average VGM category.
2. The Home Depot, Inc. (NYSE: HD - Free Report )
Home Depot reported better-than-expected earnings and revenue results before the bell on Tuesday, adding more support to the idea that it is one of the few retailers safe from the dangers of Amazon and providing more evidence that the housing market is relatively sound right now.
The company posted fiscal second-quarter earnings of $2.25 per share, which was up more than 14.2% from the year-ago quarter and comfortably beat the Zacks Consensus Estimate of $2.21. Net sales grew 6.2% to $28.1 billion, while comparable-store sales were up about 6.3% year-over-year.
Thanks to its impressive performance in the first half of the year, Home Depot now expects sales growth of 5.3% and comps growth of 5.5% for the full fiscal year. The company also raised its full-year earnings outlook to $7.29 per share from $7.15 per share.
Interestingly, Home Depot's beat and raise was not met with immediate excitement from investors, and shares were actually down more than 3% through early afternoon trading Tuesday. However, Home Depot's report contained plenty of strength, so it will be interesting to see if the stock rebounds soon. Currently, HD is a Zacks Rank #2 (Buy).
3. Aaron's, Inc. (NYSE: AAN - Free Report )
Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. Indeed, earnings of 68 cents per share surpassed our Zacks Consensus Estimate of 58 cents by a cool 17%.
Revenues of $815.6 million were up about 3.3% year-over-year and above our consensus estimate of $790 million, perhaps adding to the theory that the company's rent-to-own model could be helping it stick out right now. However, comparable store sales are continuing to slump, which is a familiar story in the retail industry.
Nevertheless, share of Aaron's received a nice lift from the report. The company released its earnings details before the market opened on July 28, and the stock closed more than 17% higher that day. Aaron's also recently announced that it was purchasing its largest franchisee, a move that investors clearly feel is coming from a position of strength.
In fact, Aaron's shares are up over 41% year-to-date, making it one of the best performing stocks in the retail sector this year. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B."
Want morestock market analysisfrom this author? Make sure to follow @ Ryan_McQueeney on Twitter!
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Nordstrom, Inc. (JWN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include Amazon (NASDAQ: AMZN - Free Report ), Nordstrom Inc. (NYSE: JWN - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). Aaron's, Inc. (NYSE: AAN - Free Report ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B."
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Stocks recently featured in the blog include Amazon (NASDAQ: AMZN - Free Report ), Nordstrom Inc. (NYSE: JWN - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). Get the full Report on AMZN - FREE Get the full Report on JWN - FREE Get the full Report on HD - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Amazon (NASDAQ: AMZN - Free Report ), Nordstrom Inc. (NYSE: JWN - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). Get the full Report on AMZN - FREE Get the full Report on JWN - FREE Get the full Report on HD - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Aaron's, Inc. (NYSE: AAN - Free Report ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. Stocks recently featured in the blog include Amazon (NASDAQ: AMZN - Free Report ), Nordstrom Inc. (NYSE: JWN - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B."
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f6cb667e-685f-49b4-b332-fcbbda5a0326
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9121.0
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2017-08-16 00:00:00 UTC
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A-Mark Precious Metals (AMRK) Jumps: Stock Moves Up 7.3%
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AAN
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https://www.nasdaq.com/articles/a-mark-precious-metals-amrk-jumps%3A-stock-moves-up-7.3-2017-08-16
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nan
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nan
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A-Mark Precious Metals, Inc.AMRK was a big mover last session, as its shares rose over 7% on the day. The move came after the company entered into an agreement to acquire the assets of Goldline, LLC. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 16% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
A-Mark Precious Metals currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A-Mark Precious Metals, Inc. Price
A-Mark Precious Metals, Inc. Price | A-Mark Precious Metals, Inc. Quote
A better-ranked stock in the broader Consumer Discretionary space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Is AMRK going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaries,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
A-Mark Precious Metals, Inc. (AMRK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A-Mark Precious Metals, Inc. Price A-Mark Precious Metals, Inc. Price | A-Mark Precious Metals, Inc. Quote A better-ranked stock in the broader Consumer Discretionary space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report A-Mark Precious Metals, Inc. (AMRK): Free Stock Analysis Report To read this article on Zacks.com click here. A-Mark Precious Metals, Inc.AMRK was a big mover last session, as its shares rose over 7% on the day.
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A-Mark Precious Metals, Inc. Price A-Mark Precious Metals, Inc. Price | A-Mark Precious Metals, Inc. Quote A better-ranked stock in the broader Consumer Discretionary space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report A-Mark Precious Metals, Inc. (AMRK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A-Mark Precious Metals, Inc. Price A-Mark Precious Metals, Inc. Price | A-Mark Precious Metals, Inc. Quote A better-ranked stock in the broader Consumer Discretionary space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report A-Mark Precious Metals, Inc. (AMRK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A-Mark Precious Metals, Inc. Price A-Mark Precious Metals, Inc. Price | A-Mark Precious Metals, Inc. Quote A better-ranked stock in the broader Consumer Discretionary space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report A-Mark Precious Metals, Inc. (AMRK): Free Stock Analysis Report To read this article on Zacks.com click here. A-Mark Precious Metals, Inc.AMRK was a big mover last session, as its shares rose over 7% on the day.
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dbe3337e-23f5-49d7-af02-667bbe567f6d
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9122.0
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2017-08-15 00:00:00 UTC
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3 Great Reports Amid Retail's Horrible Earnings Season
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AAN
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https://www.nasdaq.com/articles/3-great-reports-amid-retails-horrible-earnings-season-2017-08-15
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nan
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nan
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As another earnings season passes us by, concern about the state of the retail industry is once again rising. Changing consumer habits and competition from e-commerce sites have devastated several traditional retail giants, and very few encouraging retail reports emerged this earnings season.
Of course, "very few" does not mean "none at all." Indeed, some retailers-be it those who have been deemed Amazon AMZN -proof, or those who have successfully adapted to the times-were able to produce quality results in the most recent quarter.
So who sticks out from the pack? Which retail companies actually did report solid earnings? Check out these three stocks below:
1. Nordstrom Inc. (JWN)
While several of its department store peers disappointed investors, Nordstrom was able to post earnings and revenue figures that topped estimates this quarter. Adjusted earnings of 65 cents per share beat the Zacks Consensus Estimate of 62 cents and extended the company's surprise streak to five. Total revenue of $3.8 billion surpassed our consensus estimate of $3.73 billion.
Net retail sales increased 3.5%, while credit card revenues rose 28.8%. Total company comps rose 1.7%, driven by comps growth at both full-line and Rack stores. Nordstrom Rack total revenues, which include Rack stores and nordstromrack.com) gained 9.8%. So far this year, the company has opened a total of six new Rack stores and closed one full-line store-not bad in the face of shuttering department stores around the country.
Nordstrom now anticipates net sales growth of nearly 4% for fiscal 2017, which is at the high-end of its previous guidance of nearly 3-4% growth. Also, the company now envisions fiscal 2017 earnings per share in the range of $2.85-$3.00, compared with $2.75-$3.00 projected earlier.
JWN is currently a Zacks Rank #3 (Hold), but the stock does carry "A" grades in each of our Style Score categories, including the overall weighted average VGM category.
2. The Home Depot, Inc. (HD)
Home Depot reported better-than-expected earnings and revenue results before the bell on Tuesday, adding more support to the idea that it is one of the few retailers safe from the dangers of Amazon and providing more evidence that the housing market is relatively sound right now.
The company posted fiscal second-quarter earnings of $2.25 per share, which was up more than 14.2% from the year-ago quarter and comfortably beat the Zacks Consensus Estimate of $2.21. Net sales grew 6.2% to $28.1 billion, while comparable-store sales were up about 6.3% year-over-year.
Thanks to its impressive performance in the first half of the year, Home Depot now expects sales growth of 5.3% and comps growth of 5.5% for the full fiscal year. The company also raised its full-year earnings outlook to $7.29 per share from $7.15 per share.
Interestingly, Home Depot's beat and raise was not met with immediate excitement from investors, and shares were actually down more than 3% through early afternoon trading Tuesday. However, Home Depot's report contained plenty of strength, so it will be interesting to see if the stock rebounds soon. Currently, HD is a Zacks Rank #2 (Buy).
3. Aaron's, Inc. (AAN)
Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. Indeed, earnings of 68 cents per share surpassed our Zacks Consensus Estimate of 58 cents by a cool 17%.
Revenues of $815.6 million were up about 3.3% year-over-year and above our consensus estimate of $790 million, perhaps adding to the theory that the company's rent-to-own model could be helping it stick out right now. However, comparable store sales are continuing to slump, which is a familiar story in the retail industry.
Nevertheless, share of Aaron's received a nice lift from the report. The company released its earnings details before the market opened on July 28, and the stock closed more than 17% higher that day. Aaron's also recently announced that it was purchasing its largest franchisee, a move that investors clearly feel is coming from a position of strength.
In fact, Aaron's shares are up over 41% year-to-date, making it one of the best performing stocks in the retail sector this year. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B."
Want morestock market analysisfrom this author? Make sure to follow @ Ryan_McQueeney on Twitter!
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Nordstrom, Inc. (JWN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B." Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B."
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Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B."
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Aaron's, Inc. (AAN) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. AAN currently sports a Zacks Rank #1 (Strong Buy) and an overall VGM grade of "B." Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report To read this article on Zacks.com click here.
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58864a04-f140-4942-92a0-245db5f85ab8
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9123.0
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2017-08-08 00:00:00 UTC
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Should You Get Rid of Buffalo Wild Wings (BWLD) Now?
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AAN
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https://www.nasdaq.com/articles/should-you-get-rid-of-buffalo-wild-wings-bwld-now-2017-08-08
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nan
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nan
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is Buffalo Wild Wings, Inc.BWLD , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in BWLD.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 8 estimates moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from $5.44 a share a month ago to its current level of $4.54.
Also, for the current quarter, Buffalo Wild Wings has seen 7 downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to 94 cents a share from $1.26 over the past 30 days.
Buffalo Wild Wings, Inc. Price and Consensus
Buffalo Wild Wings, Inc. Price and Consensus | Buffalo Wild Wings, Inc. Quote
The stock also has seen some pretty dismal trading lately, as the share price has dropped 10.5% in the past month.
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . The stock currently holds a Zacks Rank #1 (Strong Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank stocks here .
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look .
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Buffalo Wild Wings, Inc. (BWLD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Buffalo Wild Wings, Inc. (BWLD): Free Stock Analysis Report To read this article on Zacks.com click here. Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Buffalo Wild Wings, Inc. (BWLD): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . Buffalo Wild Wings, Inc. Price and Consensus Buffalo Wild Wings, Inc. Price and Consensus | Buffalo Wild Wings, Inc. Quote The stock also has seen some pretty dismal trading lately, as the share price has dropped 10.5% in the past month.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Buffalo Wild Wings, Inc. (BWLD): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . One such stock that you may want to consider dropping is Buffalo Wild Wings, Inc.BWLD , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Buffalo Wild Wings, Inc. (BWLD): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Aaron's, Inc. AAN . Buffalo Wild Wings, Inc. Price and Consensus Buffalo Wild Wings, Inc. Price and Consensus | Buffalo Wild Wings, Inc. Quote The stock also has seen some pretty dismal trading lately, as the share price has dropped 10.5% in the past month.
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9749c75c-cb53-4333-abbd-14621604f84d
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9124.0
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2017-08-08 00:00:00 UTC
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S&P Joins the Party
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AAN
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https://www.nasdaq.com/articles/sp-joins-party-2017-08-08
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nan
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nan
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Remember, the latest episode of the Zacks Ultimate Strategy Session will be available for viewing no later than this Wednesday, August 9th. Steve Reitmeister, Sheraz Mian, Dr. John Blank, David Bartosiak and Eric Dutram will cover the investment landscape from most every angle in this vital event.
Don't miss your chance to hear:
• Sheraz and John Agree to Disagree on whether there is a Trump Trade, or no such thing
• Steve's answers to your questions in Reity's Mailbag
• Tips for improving your portfolio
• And much more
So be sure to mark your calendar then log on to Zacks.com and bookmark this page.
The Dow has been embarrassing the other two major indices for weeks now with a 10-session winning streak and nine consecutive all-time highs. But today the S&P reached its own record with a small but meaningful advance to start the week. The NASDAQ actually had the biggest percentage gain on the day.
Specifically, the S&P was only up 0.16% on Monday, but that still marked a peak of 2480.9 and leaves it less than 20 points from its next milestone of 2500. In less than a week, the Dow has not only closed above 22,000, but now 22100 as well. The index continued its streak to advance 0.12% to 22118.4. The NASDAQ had its own 10-session winning streak last month that ended on July 21; right now, it is the only index of the Big 3 that hasn't hit a new high in August. But it was still up by a solid 0.51% to 6383.8.
"The longest bull market in history is 12.3 years. We're 'just' 8.5 years into this one. But, as you know, I'm very confident that this bull market will ultimately go down in history as the longest bull market ever. That means lots more upside to come," said Kevin in Options Trader .
Most of today's action came from three portfolios, as Black Box Trader swapped out five names, TAZR added three and Surprise Trader picked up two. In addition, Reitmeister Trading Alert added to an existing position. Read the highlights section below for a lot more on these trades.
Today's Portfolio Highlights:
TAZR Trader: With the market in a "risk on" mood and just waiting to move higher, Kevin decided to add a trio of names on Monday with 7% allocations each. First up, Inogen (INGN) is a maker of portable oxygen concentrators (POCs) that just reported its 15th straight quarter with better-than-expected revenue and earnings. This stock is a great example of a strong small-cap growth story, so investors should ignore unattractive valuations and, instead, concentrate on strong global demand and the possibility of INGN being a takeover target.
The addition of Intercept Pharma (ICPT) is a bit different idea. The editor considers this company to be a more speculative "buy the fear" opportunity, since shares have slipped in the wake of a patient's death in one of the trials for its treatment of nonalcoholic steatohepatitis (NASH). It's important to note that this person's death likely had nothing to do with the trial. Now, ICPT has a fantastic risk/reward profile and remains a favorite of several huge bulls on Wall Street who see price targets well above $200.
Finally, shares of Verint Systems (VRNT) recently slipped to 5-month lows, which caught the attention of a major brokerage firm. The company is a cyber security provider and developer, and Kevin has been watching it for a while now. The dip and the outside interest prompted the editor to take a position in this $2.3 billion Zacks Rank #1 (Strong Buy) company. Read the complete commentary for a lot more on these additions.
Surprise Trader: Earnings season shifts to the retail sector this week, so it makes sense that the latest two additions to the portfolio would be consumer-focused. Both of the names below are reporting tomorrow:
• Norwegian Cruise Lines (NCLH): The stronger consumer means big things for the leisure space, especially a cruise line like NCLH. Eric likes the positive Earnings ESP for not only this quarter, but next quarter and the full year as well. The stock is also a Zacks Rank #2 (Buy) thanks to rising earnings estimates and has a Zacks VGM Score of A.
• J.C. Penney (JCP): The editor wants you to give JCP a chance! Despite being an "old-fashioned" retailer, the fundamentals for the company this quarter look pretty good. In addition, it has a nice streak of beats at earnings season, reported a surprise profit last quarter and has a "tremendous" Earnings ESP for tomorrow.
Eric added these names with 10% allocations each. The full write-up has a lot more.
Reitmeister Trading Alert: Last week's plunge in MasTec (MTZ) shares didn't make any sense to Steve...and today he knows why. The editor has seen several analyst notes recently that were impressed by the results, which means the tumble on Friday was likely high-frequency traders playing their games. It also means that there's a stock worth $55 to $60 that's currently trading at an extreme discount. The editor believes this is a dip worth buying and so he bought more shares of MTZ, bringing its allocation up to 7.2%. Read the complete commentary for more.
Black Box Trader: The portfolio swapped out half of its positions on Monday, and one of the sold stocks was a double digit winner. We're saying goodbye to:
• Boeing (BA, +13.1%)
• Deere & Co. (DE, +1.2%)
• Cigna Corp (CI, +0.8%)
• Delta Air Lines (DAL)
• Vishay Intertechnology (VSH)
The new buys that replaced these names are:
• Aaron's (AAN)
• CBRE Group (CBG)
• Dana Inc. (DAN)
• Quanta Services (PWR)
• Wal-Mart Stores (WMT)
Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing.
Zacks Confidential: We're past the heart of earnings season, so it's the perfect time for an update. And when it's time to find out how things are going, there's only one person who Steve turns to…Sheraz Mian. In this week's Zacks Confidential , Sheraz offers a detailed look at this earnings season (hint: it's pretty good!), while also offering expectations for coming quarters and a couple of stock recommendations: Q2 Earnings Scorecard .
All the Best,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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We're saying goodbye to: • Boeing (BA, +13.1%) • Deere & Co. (DE, +1.2%) • Cigna Corp (CI, +0.8%) • Delta Air Lines (DAL) • Vishay Intertechnology (VSH) The new buys that replaced these names are: • Aaron's (AAN) • CBRE Group (CBG) • Dana Inc. (DAN) • Quanta Services (PWR) • Wal-Mart Stores (WMT) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. Don't miss your chance to hear: • Sheraz and John Agree to Disagree on whether there is a Trump Trade, or no such thing • Steve's answers to your questions in Reity's Mailbag • Tips for improving your portfolio • And much more So be sure to mark your calendar then log on to Zacks.com and bookmark this page. Today's Portfolio Highlights: TAZR Trader: With the market in a "risk on" mood and just waiting to move higher, Kevin decided to add a trio of names on Monday with 7% allocations each.
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We're saying goodbye to: • Boeing (BA, +13.1%) • Deere & Co. (DE, +1.2%) • Cigna Corp (CI, +0.8%) • Delta Air Lines (DAL) • Vishay Intertechnology (VSH) The new buys that replaced these names are: • Aaron's (AAN) • CBRE Group (CBG) • Dana Inc. (DAN) • Quanta Services (PWR) • Wal-Mart Stores (WMT) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. Most of today's action came from three portfolios, as Black Box Trader swapped out five names, TAZR added three and Surprise Trader picked up two. Reitmeister Trading Alert: Last week's plunge in MasTec (MTZ) shares didn't make any sense to Steve...and today he knows why.
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We're saying goodbye to: • Boeing (BA, +13.1%) • Deere & Co. (DE, +1.2%) • Cigna Corp (CI, +0.8%) • Delta Air Lines (DAL) • Vishay Intertechnology (VSH) The new buys that replaced these names are: • Aaron's (AAN) • CBRE Group (CBG) • Dana Inc. (DAN) • Quanta Services (PWR) • Wal-Mart Stores (WMT) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. Surprise Trader: Earnings season shifts to the retail sector this week, so it makes sense that the latest two additions to the portfolio would be consumer-focused. In addition, it has a nice streak of beats at earnings season, reported a surprise profit last quarter and has a "tremendous" Earnings ESP for tomorrow.
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We're saying goodbye to: • Boeing (BA, +13.1%) • Deere & Co. (DE, +1.2%) • Cigna Corp (CI, +0.8%) • Delta Air Lines (DAL) • Vishay Intertechnology (VSH) The new buys that replaced these names are: • Aaron's (AAN) • CBRE Group (CBG) • Dana Inc. (DAN) • Quanta Services (PWR) • Wal-Mart Stores (WMT) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. That means lots more upside to come," said Kevin in Options Trader . Eric likes the positive Earnings ESP for not only this quarter, but next quarter and the full year as well.
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9125.0
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2017-08-07 00:00:00 UTC
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Zacks.com featured highlights: Aaron's, Inc., Allison Transmission Holdings, Kadant, CBRE Group and SJW Group
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-aarons-inc.-allison-transmission-holdings-kadant-cbre-group
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nan
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nan
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For Immediate Release
Chicago, IL -August 07, 2017 - Stocks in this week's article include Aaron's, Inc. (NYSE: AAN - Free Report ), Allison Transmission Holdings, Inc. (NYSE: ALSN - Free Report ), Kadant Inc. (NYSE: KAI - Free Report ), CBRE Group, Inc. (NYSE: CBG - Free Report ) and SJW Group (NYSE: SJW - Free Report ).
Buy These 5 Momentum Stocks Using Driehaus Strategy
One of the best investment options for investors with a high risk appetite is momentum stocks. In this respect, we have used Driehaus strategy which was formulated, based on the "buy high and sell higher" principle. This effective momentum strategy helped the pioneer of momentum investing, Richard Driehaus to earn a place in Barron's All-Century Team.
Portfolios such as that of The American Association of Individual Investors (AAII) proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500. Thus, investors with a high risk appetite may opt for this strategy.
A Look at Driehaus' Strategy
After a detailed study of the Driehaus' strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was made to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
"I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.
Screening Parameters
The percentage 50-day moving average is one of the key criteria in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included in this strategy.
In order to make the strategy more profitable, we have only considered those stocks that have a Zacks Rank #1 (Strong Buy) as well as a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential.
• Zacks Rank equal to #1
(Only Strong Buy rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .)
• Last 5-year average EPS growth rates above 2%
(Strong EPS growth history ensures improving business.)
• Trailing 12 month EPS growth higher than 0 and industry median
(Higher EPS growth compared to the industry average indicates superior stocks.)
• Last four-quarter average EPS surprise greater than 5%
(Positive EPS surprise indicates potential.)
• Positive % 50-day moving average and relative strength over 4 weeks
(High % 50-day moving average and relative strength signal uptrend.)
• Momentum Score equal to or less than B
(Favorable momentum score indicates that it is ideal to take advantage of the momentum with the highest probability of success.)
These few parameters narrowed down the universe of over 7,858 stocks to only 22.
Here are five of the 22 stocks:
Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 14%.
Allison Transmission Holdings, Inc. (NYSE: ALSN - Free Report ) is a manufacturer and seller of commercial and defense fully automatic transmissions for commercial vehicles. The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 32.1%.
Kadant Inc. (NYSE: KAI - Free Report ) is a supplier of equipment and components used in papermaking and paper recycling. The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 19.3%.
CBRE Group, Inc. (NYSE: CBG - Free Report ) is a commercial real estate services and investment company. The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 18.7%.
SJW Group (NYSE: SJW - Free Report ) is provider of water utility services in the U.S. The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 23.9%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on AAN - FREE
Get the full Report on ALSN - FREE
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
SJW Corporation (SJW): Free Stock Analysis Report
Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Kadant Inc (KAI): Free Stock Analysis Report
CBRE Group, Inc. (CBG): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL -August 07, 2017 - Stocks in this week's article include Aaron's, Inc. (NYSE: AAN - Free Report ), Allison Transmission Holdings, Inc. (NYSE: ALSN - Free Report ), Kadant Inc. (NYSE: KAI - Free Report ), CBRE Group, Inc. (NYSE: CBG - Free Report ) and SJW Group (NYSE: SJW - Free Report ). Here are five of the 22 stocks: Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. Get the full Report on AAN - FREE Get the full Report on ALSN - FREE Get the full Report on KAI - FREE Get the full Report on CBG - FREE Get the full Report on SJW - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL -August 07, 2017 - Stocks in this week's article include Aaron's, Inc. (NYSE: AAN - Free Report ), Allison Transmission Holdings, Inc. (NYSE: ALSN - Free Report ), Kadant Inc. (NYSE: KAI - Free Report ), CBRE Group, Inc. (NYSE: CBG - Free Report ) and SJW Group (NYSE: SJW - Free Report ). Get the full Report on AAN - FREE Get the full Report on ALSN - FREE Get the full Report on KAI - FREE Get the full Report on CBG - FREE Get the full Report on SJW - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report SJW Corporation (SJW): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Kadant Inc (KAI): Free Stock Analysis Report CBRE Group, Inc. (CBG): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL -August 07, 2017 - Stocks in this week's article include Aaron's, Inc. (NYSE: AAN - Free Report ), Allison Transmission Holdings, Inc. (NYSE: ALSN - Free Report ), Kadant Inc. (NYSE: KAI - Free Report ), CBRE Group, Inc. (NYSE: CBG - Free Report ) and SJW Group (NYSE: SJW - Free Report ). Get the full Report on AAN - FREE Get the full Report on ALSN - FREE Get the full Report on KAI - FREE Get the full Report on CBG - FREE Get the full Report on SJW - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report SJW Corporation (SJW): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Kadant Inc (KAI): Free Stock Analysis Report CBRE Group, Inc. (CBG): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL -August 07, 2017 - Stocks in this week's article include Aaron's, Inc. (NYSE: AAN - Free Report ), Allison Transmission Holdings, Inc. (NYSE: ALSN - Free Report ), Kadant Inc. (NYSE: KAI - Free Report ), CBRE Group, Inc. (NYSE: CBG - Free Report ) and SJW Group (NYSE: SJW - Free Report ). Here are five of the 22 stocks: Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. Get the full Report on AAN - FREE Get the full Report on ALSN - FREE Get the full Report on KAI - FREE Get the full Report on CBG - FREE Get the full Report on SJW - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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3385d8d2-783f-4df2-b99c-43c11684da65
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9126.0
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2017-08-04 00:00:00 UTC
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Buy These 5 Momentum Stocks Using Driehaus Strategy
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AAN
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https://www.nasdaq.com/articles/buy-these-5-momentum-stocks-using-driehaus-strategy-2017-08-04
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nan
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nan
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One of the best investment options for investors with a high risk appetite is momentum stocks. In this respect, we have used Driehaus strategy which was formulated, based on the "buy high and sell higher" principle. This effective momentum strategy helped the pioneer of momentum investing, Richard Driehaus to earn a place in Barron's All-Century Team.
Portfolios such as that of The American Association of Individual Investors (AAII) proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500. Thus, investors with a high risk appetite may opt for this strategy.
A Look at Driehaus' Strategy
After a detailed study of the Driehaus' strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was made to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
"I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.
Screening Parameters
The percentage 50-day moving average is one of the key criteria in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included in this strategy.
In order to make the strategy more profitable, we have only considered those stocks that have a Zacks Rank #1 (Strong Buy) as well as a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential.
• Zacks Rank equal to #1
(Only Strong Buy rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .)
• Last 5-year average EPS growth rates above 2%
(Strong EPS growth history ensures improving business.)
• Trailing 12 month EPS growth higher than 0 and industry median
(Higher EPS growth compared to the industry average indicates superior stocks.)
• Last four-quarter average EPS surprise greater than 5%
(Positive EPS surprise indicates potential.)
• Positive % 50-day moving average and relative strength over 4 weeks
(High % 50-day moving average and relative strength signal uptrend.)
• Momentum Score equal to or less than B
(Favorable momentum score indicates that it is ideal to take advantage of the momentum with the highest probability of success.)
These few parameters narrowed down the universe of over 7,858 stocks to only 22.
Here are five of the 22 stocks:
Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 14%.
Allison Transmission Holdings, Inc.ALSN is a manufacturer and seller of commercial and defense fully automatic transmissions for commercial vehicles.The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 32.1%.
Kadant Inc.KAI is a supplier of equipment and components used in papermaking and paper recycling.The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 19.3%.
CBRE Group, Inc.CBG is a commercial real estate services and investment company.The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 18.7%.
SJW GroupSJW is provider of water utility services in the U.S. The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 23.9%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
SJW Corporation (SJW): Free Stock Analysis Report
Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Kadant Inc (KAI): Free Stock Analysis Report
CBRE Group, Inc. (CBG): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are five of the 22 stocks: Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 14%. Click to get this free report SJW Corporation (SJW): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Kadant Inc (KAI): Free Stock Analysis Report CBRE Group, Inc. (CBG): Free Stock Analysis Report To read this article on Zacks.com click here. Kadant Inc.KAI is a supplier of equipment and components used in papermaking and paper recycling.The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 19.3%.
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Click to get this free report SJW Corporation (SJW): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Kadant Inc (KAI): Free Stock Analysis Report CBRE Group, Inc. (CBG): Free Stock Analysis Report To read this article on Zacks.com click here. Here are five of the 22 stocks: Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 14%. • Trailing 12 month EPS growth higher than 0 and industry median (Higher EPS growth compared to the industry average indicates superior stocks.)
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Here are five of the 22 stocks: Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 14%. Click to get this free report SJW Corporation (SJW): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Kadant Inc (KAI): Free Stock Analysis Report CBRE Group, Inc. (CBG): Free Stock Analysis Report To read this article on Zacks.com click here. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend.
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Here are five of the 22 stocks: Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 14%. Click to get this free report SJW Corporation (SJW): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Kadant Inc (KAI): Free Stock Analysis Report CBRE Group, Inc. (CBG): Free Stock Analysis Report To read this article on Zacks.com click here. One of the best investment options for investors with a high risk appetite is momentum stocks.
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9127.0
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2017-08-02 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Caterpillar, First Solar and Aaron's
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AAN
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-caterpillar-first-solar-and-aarons-2017-08-02
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nan
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For Immediate Release
Chicago, IL - August 02, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Caterpillar, Inc. (NYSE: CAT - Free Report ), First Solar, Inc. (NASDAQ: FSLR - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday's Analyst Blog:
3 Strong Buy Stocks that Crushed Earnings Estimates This Season
It has been a relatively strong earnings season thus far, and although most investors will say that Q2 reports tend to be the most inconsequential, it is encouraging that the markets are touching new all-time highs in the midst of a busy earnings week.
Here at Zacks, our proven Zacks Rank is dependent not only on earnings estimates and estimate revisions, but also actual earnings results. Positive surprises strengthen our outlook on a stock, and of course, one way to ensure positive estimate revisions is by posting strong earnings figures.
With that said, it is always important to target stocks that are moving higher after strong earnings surprises. The post-earnings momentum can last several days or weeks, and a strong outlook can be the catalyst for continued momentum over the course of several months.
Luckily, we can easily pinpoint companies that recently crushed earnings estimates. Check out these three Zacks Rank #1 (Strong Buy) stocks that did just that this earnings season.
1. Caterpillar, Inc. (NYSE: CAT - Free Report )
Caterpillar posted adjusted earnings of $1.49 per share, which came in more than 18% higher than the Zacks Consensus Estimate of $1.26 and improved 37% year-over-year. The company recently implemented rigid cost-control strategies, and the bottom line results speak for themselves.
Nevertheless, revenues were up 9.6% to $11.3 billion and exceeded our consensus estimate of $10.9 billion. The company also upped its full-year view, and as a result, shares of this Zacks Rank #1 (Strong Buy) stock have moved nearly 4.6% higher since its report.
2. First Solar, Inc. (NASDAQ: FSLR - Free Report )
First Solar recorded a surprise profit in the most recent quarter, with adjusted earnings of $0.64 coming in well ahead of the Zacks Consensus Estimate, which called for a loss of five cents per share. These results represented a staggering 1,700% positive earnings surprise.
Earnings were lifted by improvements in gross margin and a discrete income tax benefit, but revenues of $623 million were also significantly higher than our consensus estimate of $535.5 million. On top of this, a revenues full-year outlook has helped send shares more than 10% higher since its report was released.
3. Aaron's, Inc. (NYSE: AAN - Free Report )
Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. Indeed, earnings of $0.68 per share surpassed our Zacks Consensus Estimate of $0.58 by a cool 17%.
Revenues of $815.6 million were up about 3.3% year-over-year and above our consensus estimate of $790 million. However, slumping comparable-store sales have kept the stock bogged down since its report, so it will be interesting to see what will happen next.
Want morestock market analysisfrom this author? Make sure to follow @ Ryan_McQueeney on Twitter!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
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First Solar, Inc. (FSLR): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include Caterpillar, Inc. (NYSE: CAT - Free Report ), First Solar, Inc. (NASDAQ: FSLR - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). Aaron's, Inc. (NYSE: AAN - Free Report ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. Get the full Report on CAT - FREE Get the full Report on FSLR - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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Stocks recently featured in the blog include Caterpillar, Inc. (NYSE: CAT - Free Report ), First Solar, Inc. (NASDAQ: FSLR - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). Get the full Report on CAT - FREE Get the full Report on FSLR - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Caterpillar, Inc. (CAT): Free Stock Analysis Report First Solar, Inc. (FSLR): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Caterpillar, Inc. (NYSE: CAT - Free Report ), First Solar, Inc. (NASDAQ: FSLR - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). Get the full Report on CAT - FREE Get the full Report on FSLR - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Caterpillar, Inc. (CAT): Free Stock Analysis Report First Solar, Inc. (FSLR): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Caterpillar, Inc. (NYSE: CAT - Free Report ), First Solar, Inc. (NASDAQ: FSLR - Free Report ) and Aaron's, Inc. (NYSE: AAN - Free Report ). Aaron's, Inc. (NYSE: AAN - Free Report ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. Get the full Report on CAT - FREE Get the full Report on FSLR - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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af95ec1a-c1f0-405c-bc8e-fb11fb566420
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9128.0
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2017-08-02 00:00:00 UTC
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3 Strong Buy Stocks That Crushed Earnings Estimates This Season
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AAN
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https://www.nasdaq.com/articles/3-strong-buy-stocks-that-crushed-earnings-estimates-this-season-2017-08-02
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
It has been a relatively strong earnings season thus far, and although most investors will say that Q2 reports tend to be the most inconsequential, it is encouraging that the markets are touching new all-time highs in the midst of a busy earnings week.
Here at Zacks, our proven Zacks Rank is dependent not only on earnings estimates and estimate revisions, but also actual earnings results. Positive surprises strengthen our outlook on a stock, and of course, one way to ensure positive estimate revisions is by posting strong earnings figures.
With that said, it is always important to target stocks that are moving higher after strong earnings surprises. The post-earnings momentum can last several days or weeks, and a strong outlook can be the catalyst for continued momentum over the course of several months.
Luckily, we can easily pinpoint companies that recently crushed earnings estimates. Check out these three Zacks Rank #1 (Strong Buy) stocks that did just that this earnings season.
The 3 Best Stocks In A Frighteningly High Nasdaq
Caterpillar Inc. (NYSE: CAT )
Caterpillar posted adjusted earnings of $1.49 per share, which came in more than 18% higher than the Zacks Consensus Estimate of $1.26 and improved 37% year-over-year. The company recently implemented rigid cost-control strategies, and the bottom line results speak for themselves.
Nevertheless, revenues were up 9.6% to $11.3 billion and exceeded our consensus estimate of $10.9 billion. The company also upped its full-year view, and as a result, shares of this Zacks Rank #1 (Strong Buy) stock have moved nearly 4.6% higher since its report.
First Solar, Inc. (NASDAQ: FSLR )
First Solar recorded a surprise profit in the most recent quarter, with adjusted earnings of $0.64 coming in well ahead of the Zacks Consensus Estimate, which called for a loss of five cents per share. These results represented a staggering 1,700% positive earnings surprise.
Earnings were lifted by improvements in gross margin and a discrete income tax benefit, but revenues of $623 million were also significantly higher than our consensus estimate of $535.5 million. On top of this, a revenues full-year outlook has helped send shares more than 10% higher since its report was released.
Aaron's, Inc. (NYSE: AAN )
Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. Indeed, earnings of $0.68 per share surpassed our Zacks Consensus Estimate of $0.58 by a cool 17%.
Revenues of $815.6 million were up about 3.3% year-over-year and above our consensus estimate of $790 million. However, slumping comparable-store sales have kept the stock bogged down since its report, so it will be interesting to see what will happen next.
Want morestock market analysisfrom this author? Make sure to follow @ Ryan_McQueeney on Twitter!
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More From InvestorPlace
5 Top Stocks with Big Potential Catch-Up Moves
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Facebook Inc (FB) vs. Alphabet Inc (GOOGL): Which Stock Should You Buy?
The post 3 Strong Buy Stocks That Crushed Earnings Estimates This Season appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc. (NYSE: AAN ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. The company also upped its full-year view, and as a result, shares of this Zacks Rank #1 (Strong Buy) stock have moved nearly 4.6% higher since its report. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics.
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Aaron's, Inc. (NYSE: AAN ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. The 3 Best Stocks In A Frighteningly High Nasdaq Caterpillar Inc. (NYSE: CAT ) Caterpillar posted adjusted earnings of $1.49 per share, which came in more than 18% higher than the Zacks Consensus Estimate of $1.26 and improved 37% year-over-year. The company also upped its full-year view, and as a result, shares of this Zacks Rank #1 (Strong Buy) stock have moved nearly 4.6% higher since its report.
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Aaron's, Inc. (NYSE: AAN ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. InvestorPlace - Stock Market News, Stock Advice & Trading Tips It has been a relatively strong earnings season thus far, and although most investors will say that Q2 reports tend to be the most inconsequential, it is encouraging that the markets are touching new all-time highs in the midst of a busy earnings week. Here at Zacks, our proven Zacks Rank is dependent not only on earnings estimates and estimate revisions, but also actual earnings results.
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Aaron's, Inc. (NYSE: AAN ) Despite a tough retail environment, Aaron's was able to post its fifth-straight earnings beat in the most recent quarter. The 3 Best Stocks In A Frighteningly High Nasdaq Caterpillar Inc. (NYSE: CAT ) Caterpillar posted adjusted earnings of $1.49 per share, which came in more than 18% higher than the Zacks Consensus Estimate of $1.26 and improved 37% year-over-year. The company also upped its full-year view, and as a result, shares of this Zacks Rank #1 (Strong Buy) stock have moved nearly 4.6% higher since its report.
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6326263a-24f9-412b-8d0e-a232185d032b
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9129.0
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2017-08-02 00:00:00 UTC
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Herbalife (HLF) Q2 Earnings Top, New FTC Rules Raise Concern
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AAN
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https://www.nasdaq.com/articles/herbalife-hlf-q2-earnings-top-new-ftc-rules-raise-concern-2017-08-02
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nan
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nan
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Herbalife Ltd.HLF delivered second-quarter 2017 adjusted earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.10 by 37.3%. Shares of this nutritional-products company declined 5.3% in the late trading session on Aug 1 to eventually close 0.02% higher. The Zacks Rank #3 (Hold) company provided a disappointing sales guidance for the full year 2017 owing to the revised stringent Federal Trade Commission (FTC) laws.
Quarter in Detail
This weight management company second-quarter earnings increased 17.1% from the prior-year quarter. Excess tax benefits, cost savings as well as shift of expenses from the second quarter to the second half of the year drove earnings. However, currency negatively impacted adjusted earnings by 8 cents, in comparison with the 4 cents negative impact expected by management.
Earnings were way ahead of management's expectations of 95 cents to $1.15 per share (which was raised from 85 cents to $1.05 anticipated during the first quarter as the company exceeded its 80% threshold). We note that this California-based company asked to prove that 80% of its annual sales is generated from documented consumer purchases. The company outpaced the key threshold of 80% under its agreement with FTC and declared that 90% of the U.S. sales in May were documented purchases, which consisted of over three million receipted retail transactions.
Net sales of $1.10 billion marginally beat the Zacks Consensus Estimate of $1.14 billion by 0.4% but declined 5% from the prior-year period due to decline in volumes and softness in Mexico operations. Sales were also hurt as distributors are adhering to the latest protocols. New stringent FTC regulations in the U.S. (as was mentioned on Jun 4) also dented sales. This was the third consecutive quarter of sales decline, after three consecutive quarters of growth. On a constant currency basis, sales declined 3% in the quarter, which came within the management's guidance of flat to a decline of 4%.
Sales volume declined 8% in the second quarter against 1% growth recorded in the preceding quarter. The decline met the higher end of the expected range of a decline of 4-8% (which was revised from a decline of 1-5% originally due to the amended FTC rules).
Regionally, sales volume in Europe, the Middle East and Africa (EMEA) grew 2% in the quarter. Sales volumes in all other regions fell, with North America suffering the maximum decline with 18%. South & Central America and China witnessed a decline of 14% each, followed by a 6% fall in Mexico and 1% dip in Asia Pacific. We note that sales and volumes in China were negatively impacted due to a price increase announced in Mar 2017. As a result, member purchases shifted to the first quarter instead of the second quarter this year.
While the company anticipated that results in the U.S. and China would be drab, Mexico's volume was lower than expected and declined after six straight quarters of volume growth. The company is expecting short-term volume softness due to the current transformation period, as distributors have shifted their attention from building their businesses to focusing on learning new tools and procedures, and business techniques.
The company's shares have underperformed both the industry and the broader Retail-Wholesale sector in the last one month. The stock declined 7.3% against the industry's improvement of 0.9% and the sector's growth of 2.8% in the said time frame.
Other Financial Updates
Herbalife ended the quarter with cash and cash equivalents of $1.62 billion, long-term debt of $2.19 billion and total shareholders' equity of $200.0 million.
During the six months ended Jun 30, 2017, the company generated cash flow from operations of $277.1 million and incurred capital expenditure of $45.9 million.
Since the inception of the share repurchase program, the company has purchased 4.6 million shares for approximately $299.2 million. Of this, the company purchased 1.1 million shares in the first quarter, 2.7 million in the second quarter and 800,000 shares in July. The remaining authorized capacity under the company's $1.5 billion share repurchase program is $1.2 billion.
Full-Year 2017 Guidance Updated
For full-year 2017, management raised its earnings outlook and now expects adjusted earnings in the range of $4.30−$4.70, up from $4.10−$4.50 per share expected on Jun 4 release. The upside in the guidance reflects the strength of company's sales generated outside the company's distributor network.
However, the new guidance is still lower than the 2016 adjusted earnings of $4.85 per share. This includes currency impact of 20 cents. On a currency adjusted basis, earnings are expected in a range of $4.50-$4.90 per share.
Herbalife now expects sales in the range of down 3% to up 2%, down from the previous expectation of 0.5-3.5% growth. Volumes are expected to be down 5% to flat growth in 2017, in comparison to the previous expectation of down 1% to up 2%. On a currency adjusted basis, sales are expected to be to down 2.7% to up 2.3%.
Q3 Guidance
Herbalife expects sales in the range of flat to a decline of 5% due to a decline in volume which ranges from 2-7% in the third quarter. Currency is expected to be neutral on sales in the quarter.
For third-quarter 2017, the company expects adjusted earnings per share to grow in the range of 65-85 cents per share, which includes an unfavorable currency impact of approximately 5 cents per share. Excluding the currency impact, adjusted earnings are expected in a range of 70-90 cents per share.
Herbalife LTD. Price, Consensus and EPS Surprise
Herbalife LTD. Price, Consensus and EPS Surprise | Herbalife LTD. Quote
Interested in Retail-Wholesale Space? Check these 3 Hot Picks
Investors interested in the retail space may consider some better-ranked stocks from the broader retail sector such as Aaron's, Inc. AAN which sports a Zacks Rank #1 (Strong Buy). Burlington Stores, Inc. BURL and Big Lots, Inc. BIG which carry a Zacks Rank #2 (Buy) each, can also be viable bets. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has an average positive earnings surprise of 13.9% in the trailing four quarters.
While Burlington Stores has long-term earnings growth rate of 15.9%, Big Lots has long-term earnings growth rate of 13.5%.
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential.
See these stocks now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Big Lots, Inc. (BIG): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
Herbalife LTD. (HLF): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Check these 3 Hot Picks Investors interested in the retail space may consider some better-ranked stocks from the broader retail sector such as Aaron's, Inc. AAN which sports a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Rank #3 (Hold) company provided a disappointing sales guidance for the full year 2017 owing to the revised stringent Federal Trade Commission (FTC) laws.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Check these 3 Hot Picks Investors interested in the retail space may consider some better-ranked stocks from the broader retail sector such as Aaron's, Inc. AAN which sports a Zacks Rank #1 (Strong Buy). Herbalife LTD. Price, Consensus and EPS Surprise Herbalife LTD. Price, Consensus and EPS Surprise | Herbalife LTD. Quote Interested in Retail-Wholesale Space?
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Check these 3 Hot Picks Investors interested in the retail space may consider some better-ranked stocks from the broader retail sector such as Aaron's, Inc. AAN which sports a Zacks Rank #1 (Strong Buy). Q3 Guidance Herbalife expects sales in the range of flat to a decline of 5% due to a decline in volume which ranges from 2-7% in the third quarter.
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Check these 3 Hot Picks Investors interested in the retail space may consider some better-ranked stocks from the broader retail sector such as Aaron's, Inc. AAN which sports a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Net sales of $1.10 billion marginally beat the Zacks Consensus Estimate of $1.14 billion by 0.4% but declined 5% from the prior-year period due to decline in volumes and softness in Mexico operations.
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4447da60-7c39-45d7-8115-456dae7fe73d
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9130.0
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2017-07-31 00:00:00 UTC
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Chopping Through the Amazon Report
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AAN
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https://www.nasdaq.com/articles/chopping-through-amazon-report-2017-07-31
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nan
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nan
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All in all, the market held up well to Amazon's disappointing report from yesterday afternoon. The major indices started the session deeply in the red, but spent the rest of the day slowly but surely trekking higher. The Dow managed to finish on the positive side, and the losses for its counterparts felt muted against the surprising softness of Amazon's numbers. A largely in-line Q2 GDP result also helped to keep the major indices around all-time highs.
The Dow isn't just "around" all-time highs…it's still there! The index finished the week with a third straight record, as it recovered from the morning weakness to gain 0.15% to 21,830.3. It was also the only one of the Big 3 to finish the week in the green with an advance of 1.2%.
The S&P couldn't reach 2500 this week, but it's still just a stone's throw away. It lost 0.13% on Friday to finish at 2472.1. The NASDAQ was most susceptible to the Amazon news, especially after hitting a brick wall yesterday. The index fought hard from the morning and lost only 0.12% to 6374.7. For the week, the S&P slipped less than 0.1% and the NASDAQ was down 0.2%.
In addition to more earnings results next week, it's also time for the turn-of-the-month economic data. With earnings season being solid, strong reports for ISM Manufacturing (Tuesday), ISM Services (Thursday) and the Government Employment Situation (Friday) would be a great one-two punch for this market. But before you start the weekend, take a look at all the moves in the portfolios below, including more double-digit winners and a few buys.
Today's Portfolio Highlights:
Healthcare Innovators: The most promising treatment for cystic fibrosis comes from Vertex Pharmaceuticals (VRTX), which recently enjoyed some great news when three of their 4 next-generation treatments received positive Phase 1 and Phase 2 data. If/when these therapies are approved, VRTX will be in line for increased sales and earnings growth over the next 5 years and make a big difference for people suffering from CF. This is just what Kevin looks for in the portfolio, so he picked up a position in VRTX on Friday. Read the complete commentary for more. In other news, HI's position in Align Technology (ALGN) was one of the top movers among all the portfolios today with a gain of slightly more than 10%.
Momentum Trader: An energy infrastructure company may be a bit risky right now, but Dave really likes what he sees with Par Pacific Holdings (PARR). This Zacks Rank #2 (Buy) has been rallying since the beginning of the year, and the editor thinks it's time to get involved given the steady accumulation. He added PARR today with a 12.5% allocation. The full write-up has more on this new pick, including a breakdown of its chart.
Reitmeister Trading Alert: Steve has been calling for the S&P to reach 2500 for a while now, but the index continues to loiter just below the mark. While he's waiting, the editor decided to pick up a 10% allocation in S&P 500 Bull 3X ETF (SPXL), which "will partner with TNA to mop up extra profits on the likely rise to 2500 in the not too distant future". Read more in the complete commentary. Meanwhile, RTA had the top performer of all the Zacks portfolios on Friday as Aaron's (AAN) jumped more than 17%.
Income Investor: Computer - storage devices used to be one of the super hot industries...but not anymore. It is currently in the bottom 14% of the Zacks Industry Rank, so Neena decided this was a great time to take her profit in Western Digital (WDC). The company recently beat on both the top and bottom lines. However, its ongoing legal battle with Toshiba provides unwanted uncertainty, prompting the editor to cut ties and sell WDC for a 27.1% profit.
Stocks Under $10: The portfolio shed four names on Friday, and the biggest winner was Hudson Technologies (HDSN). This commercial air conditioning company has been weakening of late, so Brian Bolan sold it to secure an approximately 12% return. Constellium (CSTM) was also a winner despite missing earnings in its recent report. The editor wants to get out of this Netherlands-based aluminum products company before its Zacks Rank slips. Therefore, it was sold today for a more than 8% profit. The portfolio is now off its ideal complement of 20 names, so be prepared for at least two more buys next week.
Zacks Counterstrike:"Bears tried to bring markets lower overnight, but there was no follow through into yesterday's selloff reversal. The bulls are still believers in this market and that was shown in the slow and steady grind higher throughout the day. Even another North Korea missile launch couldn't scare indices into dropping. At the close, the S&P and the Nasdaq finished only slightly in the red. The Dow was actually green for the day.
"While the lack of follow though lower is the norm, I was actually a bit surprised that there wasn't more pressure. With Amazon lower overnight, I thought the bears had enough to get stocks selling again. However, a summer Friday isn't the best time to expect big market moves, especially with the end of the month on Monday. If next week's direction is lower, we could see the start a short-term trend to the downside. However, all signs still point to the low volume chop we have been seeing.
"The big news was the advanced GDP reading that came in as expected at 2.6%. This keeps the "Goldilocks" scenario going for the Fed. For that reason the number was a non-event and didn't move markets." -- Jeremy Mullin
Have a Great Weekend,
Jim Giaquinto
One More Thing...
Take some time this weekend to get caught up with our ZU Special Reports , especially the most recent 7 Stocks for the Next 30 Days . Other recent reports that you get free of charge as a ZU subscriber include:
• Ultimate Four July '17
• Conducting the Future of Technology, and
• 5 Stocks to Double Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Meanwhile, RTA had the top performer of all the Zacks portfolios on Friday as Aaron's (AAN) jumped more than 17%. If/when these therapies are approved, VRTX will be in line for increased sales and earnings growth over the next 5 years and make a big difference for people suffering from CF. While he's waiting, the editor decided to pick up a 10% allocation in S&P 500 Bull 3X ETF (SPXL), which "will partner with TNA to mop up extra profits on the likely rise to 2500 in the not too distant future".
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Meanwhile, RTA had the top performer of all the Zacks portfolios on Friday as Aaron's (AAN) jumped more than 17%. However, a summer Friday isn't the best time to expect big market moves, especially with the end of the month on Monday. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy).
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Meanwhile, RTA had the top performer of all the Zacks portfolios on Friday as Aaron's (AAN) jumped more than 17%. Today's Portfolio Highlights: Healthcare Innovators: The most promising treatment for cystic fibrosis comes from Vertex Pharmaceuticals (VRTX), which recently enjoyed some great news when three of their 4 next-generation treatments received positive Phase 1 and Phase 2 data. Other recent reports that you get free of charge as a ZU subscriber include: • Ultimate Four July '17 • Conducting the Future of Technology, and • 5 Stocks to Double Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website.
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Meanwhile, RTA had the top performer of all the Zacks portfolios on Friday as Aaron's (AAN) jumped more than 17%. For the week, the S&P slipped less than 0.1% and the NASDAQ was down 0.2%. But before you start the weekend, take a look at all the moves in the portfolios below, including more double-digit winners and a few buys.
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c625e678-4de5-42b5-a046-d3bbfc343aef
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9131.0
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2017-07-31 00:00:00 UTC
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Aaron's (AAN) Q2 Earnings & Sales Beat Estimates, Stock Up
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AAN
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https://www.nasdaq.com/articles/aarons-aan-q2-earnings-sales-beat-estimates-stock-up-2017-07-31
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nan
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nan
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Aaron's, Inc.AAN maintained its positive earnings trend for the fifth time with its second-quarter 2017 earnings and sales surpassing estimates, and improving year over year. In fact, the company's top line marked its second straight beat after four consecutive quarters of negative surprise trend.
Results gained from the excellent Progressive Leasing performance, along with strong execution at Aaron's Business. These factors contributed to increased customer count and lease revenues, besides boosting the bottom line.
Shares of this Atlanta-based company have rallied nearly 17% on Friday following the sturdy results. Further, this Zacks Rank #1 (Strong Buy) stock has surged 54.3% in the last six months, outperforming the industry 's gain of 29.7%. Notably, the industry is placed at top 8% of the Zacks Classified industries (20 out of 256).
Q2 Highlights
The company posted adjusted earnings of 68 cents per share, which outpaced the Zacks Consensus Estimate of 58 cents and rose 15.3% from the prior-year quarter. However, including one-time items, the company reported earnings of 51 cents per share that declined 3.8% year over year.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
This rent-to-own company's top line came in at $815.6 million up 3.3% year over year and also surpassed the Zacks Consensus Estimate of $790 million. This upside was driven by robust revenue growth witnessed at the Progressive and DAMI segments, somewhat compensated with decline in revenues at the Aaron's Business.
While comps at company-operated stores dropped 8.1%, the customer count on a same-store basis fell 4.8%. At quarter end, the company-operated Aaron's stores had 932,000 customers, reflecting a 7.2% year-over-year decline.
Further, Aaron's franchisee revenues declined 9.3% to $206.9 million in the reported quarter. Although comps at the company's franchise stores decreased 6.1%, same-store customer counts declined 4.5%. In fact, the franchisees had a customer base of 517,000, representing a 7.7% decline year over year.
The company's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased 8.5% year over year to $95.7 million. In addition, the adjusted EBITDA margin improved 50 basis points (bps) to about 11.7% in the quarter.
Segment Details
Aaron's operates through three primary businesses: Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively, the Aaron's Business); the Progressive virtual lease-to-own business; and Dent-A-Med, Inc. - DAMI.
Aaron's Business
Aaron's Business' total revenues declined 10.7% to $433.6 million in the reported quarter. Moreover, lease revenues and fees were down 11.7% during the quarter. Non-retail sales also slumped nearly 4.1%.
On May 13, 2016, the company sold the assets of its HomeSmart unit, which recorded revenues of $7.5 million in second-quarter 2016. Excluding the HomeSmart unit, total revenue for the segment fell 9.3% in the reported quarter.
Adjusted EBITDA for the Aaron's Business segment was $46.7 million, down 1.7% from the year-ago figure of $47.5 million. However, EBITDA margin expanded 100 bps to 10.8%.
Progressive
Progressive revenues came in at $373.5 million in the quarter, marking a 25.1% year-over-year surge. This was driven by a 37% rise in the number of active doors, though invoice volume per active door fell 4.3%. Notably, this segment had 646,000 customers as of Jun 30, 2017, representing 23% growth year over year.
The segment's EBITDA was $50.1 million compared with $41.8 million in the year-ago quarter. However, EBITDA margin contracted 60 bps to 13.4%.
DAMI
Revenues at the DAMI segment were $8.5 million in the reported quarter, significantly up from $5.3 million in the year-ago period.
Financial Position
Aaron's ended the quarter with cash and cash equivalents of $260.3 million, debt of $401.1 million, and total shareholders' equity of $1,542.1 million.
As of Jun 30, the company generated cash from operations of $115.6 million. Additionally, Aaron's did not repurchase any shares in the reported quarter. However, it had an authorization to buy back 7.9 million shares as of Jun 30.
Store Update
In second-quarter 2017, Aaron's shut down or consolidated 62 company-operated outlets and six franchised outlets, while it sold two franchised stores. As of Jun 30, Aaron's had a total of 1,093 company-operated stores and 680 franchised stores.
Clearly, the company is on track with its strategy of closing down the underperforming stores in order to right size its operating scale. In the quarter, the company's Aaron's Business segment spent a pre-tax restructuring charge of $13.3 million, on account of the store closures.
Other Developments
Concurrent to the earnings release, management at Aaron's announced that it has bought considerably all the assets of its largest franchisee, SEI/Aaron's, Inc., for a cash outlay of roughly $140 million. Aaron's anticipates this to be accretive to earnings in 2017.
In fact, SEI, which was found in 1995, caters to over 90,000 customers via 104 Aaron's outlets across 11 states. The deal is likely to widen Aaron's footprint in the markets with high growth opportunities, alongside boosting its revenues and supply-chain synergies between the Aaron's Business and Progressive Leasing.
Guidance
Management remains impressed with the second-quarter performance that was mainly backed by solid execution at the Aaron's business and continued strength at the Progressive business. Going forward, the company remains optimistic about growth at its Progressive business, while striving to improve the Aaron's direct-to-consumer operations.
Consequently, the company updated its outlook for 2017. Aaron's now expects total revenue in the range of $3.33-$3.44 billion, versus $3.10-$3.31 anticipated during the first-quarter results.
Total revenue for Aaron's Business segment is projected in the band of $1.75-$1.80 billion, including lease revenue of $1.40-$1.45 billion. Earlier, it anticipated total revenue for Aaron's Business in the range of $1.68-$1.78 billion, including lease revenue of $1.30-$1.40 billion. Additionally, comps at Aaron's Business segment are expected to decline in the range of 7-9%, versus the earlier projected range of 8-12%.
Revenues at Progressive are estimated in the band of $1.55-$1.60 billion versus $1.40-$1.50 billion, anticipated earlier. Further, management reiterated its previously stated guidance of $25-$35 million in revenues for the DAMI segment.
The company's adjusted EBITDA is projected in the range of $355−$378 million compared with the previous guidance of $320−$353 million. On a segmental basis, Aaron's Business adjusted EBITDA is expected in the range of $170−$180 million versus $155−$170 million, guided earlier. EBITDA for the Progressive division is guided in the band of $190−$200 million, compared with earlier guidance of $170−$185 million. The company also reiterated its previously stated EBITDA projection for the DAMI segment in the range of negative $2 million-$5 million.
Management anticipates 2017 adjusted earnings in the band of $2.45-2.65 per share versus $2.15-2.40, guided earlier. The Zacks Consensus Estimate for 2017 is currently pegged at $2.49 per share. This guidance excludes the Progressive and franchisee acquisition associated with intangible amortization, along with the future one-time or unusual items.
GAAP earnings are projected in the $2.10-$2.30 band compared with the previous guided range of $1.85-$2.10.
Stocks You May Consider
Other top-ranked stocks in the Retail-Wholesale space include Conn's, Inc. CONN , The Home Depot, Inc. HD and Lowe's Companies, Inc. LOW , carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Conn's delivered average positive earnings surprise of 80.9% in the last four quarters and has a long-term earnings growth rate of 18.5%.
Home Depot came up with an average positive earnings surprise of 3.5% in the trailing four quarters and has a long-term earnings growth rate of 13%.
Lowe's increased 7.5% year to date and has a long-term earnings growth rate of 14.7%.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN maintained its positive earnings trend for the fifth time with its second-quarter 2017 earnings and sales surpassing estimates, and improving year over year. Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. In the quarter, the company's Aaron's Business segment spent a pre-tax restructuring charge of $13.3 million, on account of the store closures.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN maintained its positive earnings trend for the fifth time with its second-quarter 2017 earnings and sales surpassing estimates, and improving year over year. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote This rent-to-own company's top line came in at $815.6 million up 3.3% year over year and also surpassed the Zacks Consensus Estimate of $790 million.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN maintained its positive earnings trend for the fifth time with its second-quarter 2017 earnings and sales surpassing estimates, and improving year over year. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote This rent-to-own company's top line came in at $815.6 million up 3.3% year over year and also surpassed the Zacks Consensus Estimate of $790 million.
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Aaron's, Inc.AAN maintained its positive earnings trend for the fifth time with its second-quarter 2017 earnings and sales surpassing estimates, and improving year over year. Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Further, Aaron's franchisee revenues declined 9.3% to $206.9 million in the reported quarter.
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6bf78094-988d-4a1d-88fa-4c1a9bbaa8af
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9132.0
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2017-07-31 00:00:00 UTC
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Strength Seen in Aaron's (AAN): Stock Soars 17.04%
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AAN
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https://www.nasdaq.com/articles/strength-seen-in-aarons-aan%3A-stock-soars-17.04-2017-07-31
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nan
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nan
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Aaron's, Inc.AAN was a big mover last session, as the company saw its shares rise over 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.The stock picked up sharply from the near-flat trend of $37.71 to $40.26 in the past one month time frame.
The upside was driven by the acquisition news its largest franchisee, SEI/Aaron's, Inc.
The company has not seen any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Aaron's currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Aaron's, Inc. Price and EPS Surprise
Aaron's, Inc. Price and EPS Surprise | Aaron's, Inc. Quote
Another stock worth considering in the Retail-Wholesale sector is Alibaba Group Holding Limited BABA which carries a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Is AAN going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains.
Click to see them right now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Alibaba Group Holding Limited (BABA): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN was a big mover last session, as the company saw its shares rise over 17% on the day. Is AAN going up? Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN was a big mover last session, as the company saw its shares rise over 17% on the day. Is AAN going up?
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Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN was a big mover last session, as the company saw its shares rise over 17% on the day. Is AAN going up?
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Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN was a big mover last session, as the company saw its shares rise over 17% on the day. Is AAN going up?
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264de354-6ede-4bdc-a01a-1c8fd8281fb6
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9133.0
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2017-07-28 00:00:00 UTC
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Why Shares of Aaron's Are Trading 11% Higher Friday
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AAN
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https://www.nasdaq.com/articles/why-shares-aarons-are-trading-11-higher-friday-2017-07-28
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nan
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nan
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What happened
Shares of Aaron's, Inc. (NYSE: AAN) , a lease-purchase retailer of furniture, consumer electronics, appliances, and household accessories, are trading 11% higher as of 10:50 a.m. EDT, after the company's second-quarter results topped estimates.
So what
Revenue jumped to $815.6 million, a comfortable increase from the prior year's $789.4 million, and well above analysts' estimates calling for $790.39 million. That top-line beat filtered down to the company's bottom line, with adjusted earnings increasing to $48.5 million, or $0.68 per share, which was well above consensus estimates calling for $0.58 per share.
"We're very pleased with our second quarter results," said CEO John Robinson in a press release. He continued:
Now what
In addition to posting an earnings beat, Aaron's announced an acquisition of its largest franchisee in an all-cash transaction valued at about $140 million. The deal covers 104 Aaron's stores in 11 states, and management expects it to be accretive to 2017 earnings. It would also give the company an opportunity to enhance its supply chain synergies to help drive margins higher. All in all, it was a solid quarter from the retailer, but investors should take the share-price increase with a grain of salt because the stock has a history of volatility with earnings releases.
10 stocks we like better than Aaron's
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Daniel Miller has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What happened Shares of Aaron's, Inc. (NYSE: AAN) , a lease-purchase retailer of furniture, consumer electronics, appliances, and household accessories, are trading 11% higher as of 10:50 a.m. EDT, after the company's second-quarter results topped estimates. He continued: Now what In addition to posting an earnings beat, Aaron's announced an acquisition of its largest franchisee in an all-cash transaction valued at about $140 million. All in all, it was a solid quarter from the retailer, but investors should take the share-price increase with a grain of salt because the stock has a history of volatility with earnings releases.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of Aaron's, Inc. (NYSE: AAN) , a lease-purchase retailer of furniture, consumer electronics, appliances, and household accessories, are trading 11% higher as of 10:50 a.m. EDT, after the company's second-quarter results topped estimates. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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What happened Shares of Aaron's, Inc. (NYSE: AAN) , a lease-purchase retailer of furniture, consumer electronics, appliances, and household accessories, are trading 11% higher as of 10:50 a.m. EDT, after the company's second-quarter results topped estimates. That top-line beat filtered down to the company's bottom line, with adjusted earnings increasing to $48.5 million, or $0.68 per share, which was well above consensus estimates calling for $0.58 per share. 10 stocks we like better than Aaron's When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
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What happened Shares of Aaron's, Inc. (NYSE: AAN) , a lease-purchase retailer of furniture, consumer electronics, appliances, and household accessories, are trading 11% higher as of 10:50 a.m. EDT, after the company's second-quarter results topped estimates. That top-line beat filtered down to the company's bottom line, with adjusted earnings increasing to $48.5 million, or $0.68 per share, which was well above consensus estimates calling for $0.58 per share. All in all, it was a solid quarter from the retailer, but investors should take the share-price increase with a grain of salt because the stock has a history of volatility with earnings releases.
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f393504b-a196-4339-8c64-8f1c6dfc9999
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9134.0
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2017-07-28 00:00:00 UTC
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Dow Hits Another Record, NASDAQ Hits a Wall
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AAN
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https://www.nasdaq.com/articles/dow-hits-another-record-nasdaq-hits-wall-2017-07-28
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nan
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nan
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It appeared that the NASDAQ was well on its way to an amazing 14th gain in 15 days on Thursday...and then the bottom dropped out. All of a sudden, the index plunged by approximately 1.5% at its lowest point. It was able to make up a good amount of that loss by the closing bell, but was still off by 0.63% today to 6382.2.
The editors aren't alarmed. Steve suggested that it could be "nothing more than a temporary case of altitude sickness" in RTA . And as you'll see in the highlights section below, Dave said in Momentum Trader that this drop provides one of the better buying opportunities in a while.
The other two major indices dipped along with the NASDAQ, but the concern was with technology stocks. Therefore, though slipping momentarily into negative territory, the Dow recovered nicely to advance 0.39% for another new high of 21796.6. The S&P also had a nice rebound but still declined 0.10% to 2475.4. Tomorrow could be a big day for the market as Q2 GDP is released in the morning. Also, it looks like Amazon's numbers after the bell today were disappointing, so that could have an impact as well.
It was a busy day in the portfolios with several editors taking some big profits off the table. Look at all the moves in the highlights section below:
Today's Portfolio Highlights:
Zacks Counterstrike: In early May, Craft Brew Alliance (BREW) announced a positive surprise of 50%, and now its getting prepared to report again next week. It's been a winner for the portfolio, though it has recently slipped to a Zacks Rank #3 (Hold). Jeremy decided that this was a good time to sell half of the position and take a 13.5% profit. He'll watch to see what the other half does from here.
In other moves, shares of Wynn Resorts (WYNN) have slipped to the $130 level despite beating on both the top and bottom lines in its latest report. This has "Zacks Counterstrike" written all over it, especially since it has now dropped into Jeremy's beloved Fibonacci long scenario. The editor thinks this best-in-breed casino is worth more than $145, so he bought it today with a 7% allocation. WYNN has already been a winner for the portfolio when it was sold for 12.7% back in June. Furthermore, Jeremy also doubled down on his Thor Industries (THO) position with an extra 5% allocation. Read the complete write up for more.
Reitmeister Trading Alert: Sometimes you just get lucky. There's no way to sugar coat the recent earnings report from Penn Gaming (PENN); it was a bad showing with a big miss and a lowered guidance. Steve expected the stock to plunge by 10% or maybe even 20%. But the stock only dropped by about 2%. The editor's first instinct was to only sell half, but the surprising response convinced him to sell the whole thing and take a more than 11% profit. Phew! Steve also decided to sell some of Aaron's (AAN) ahead of its earnings report for a 9.6% return. He's holding onto a 6.1% allocation in case the company continues to impress with its turnaround efforts.
Options Trader: The portfolio had a trio of moves on Thursday. Here they are:
• Landstar (LSTR) is getting pounded today despite a positive beat last night. Kevin believes the move is way overdone, but he sees an opportunity now that the plunge has decimated the short side of yesterday's bull call spread. He decided to leg out of the spread by buying to close the Oct. 95.00 Call and taking an 82% profit. The editor still likes LSTR and has no problem keeping the long call for the eventual move back up.
• CDW (CDW): Kevin still likes this stock, but it has a negative Earnings ESP heading into next week's report on Thursday (8/3). So he decided to remove the bull call spreads by selling to close the two Sept 60.00 Calls AND buying to close the two Sept 65.00 Calls. The spreads brought a gain of 38%.
• AbbVie (ABBV): This is a volatile stock that reports earnings tomorrow. If they miss, then the Nov 70.00 Call would get crushed. However, a smaller risk profile would limit the loss, but still make money if it beats. Therefore, the editor sold to close the Nov call for a 21% gain and then bought to open an Aug. 72.50 Call.
Learn a lot more about these moves in the complete commentary.
Large-Cap Trader:"Yes, that was profit-taking today. I think this rally is not over, as the second quarter keeps showing us more beats than any quarter we have seen in some time.
"However, as our portfolio shows this week, underlying the broad move upwards in major indexes is lots and lots of sloppy share price action.
"I can't help but see the algos shorting and thrashing their way across the earnings landscape, manipulating what news they can to their advantage.
"Once the battlefield clears, and the troops look for their flag, the news that we are headed to record earnings, on top of record stock prices, will be seen more broadly.
"In other words, don't pay too much attention to any given stock right now. Pay attention to overall earnings and overall price action." -- John Blank
Momentum Trader:"Seemingly out of nowhere the market got an upset stomach this afternoon and turned things upside down. The NASDAQ led the way down and several names lost their footing. No real cause for alarm as there wasn't really much fundamental justification for the selling. I think this afternoon gave the market a great buying opportunity.
"It's extraordinary to me that the NASDAQ finished the day off just 63 bps, cutting the losses in half. I see Amazon's profits were off a bit and that's certainly not going to help us overnight. However, I will be out there looking for stocks to add tomorrow morning. I'm hoping we gap lower so I find some deals.
"A little black eye for tech today shouldn't scare off investors. Rather, we should be looking at this as an opportunity to add more exposure. The large caps didn't seem to be bothered by the action so neither should you. Get your shopping list together and get to work." -- Dave Bartosiak
All the Best,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Steve also decided to sell some of Aaron's (AAN) ahead of its earnings report for a 9.6% return. Kevin believes the move is way overdone, but he sees an opportunity now that the plunge has decimated the short side of yesterday's bull call spread. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website.
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Steve also decided to sell some of Aaron's (AAN) ahead of its earnings report for a 9.6% return. Look at all the moves in the highlights section below: Today's Portfolio Highlights: Zacks Counterstrike: In early May, Craft Brew Alliance (BREW) announced a positive surprise of 50%, and now its getting prepared to report again next week. So he decided to remove the bull call spreads by selling to close the two Sept 60.00 Calls AND buying to close the two Sept 65.00 Calls.
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Steve also decided to sell some of Aaron's (AAN) ahead of its earnings report for a 9.6% return. Look at all the moves in the highlights section below: Today's Portfolio Highlights: Zacks Counterstrike: In early May, Craft Brew Alliance (BREW) announced a positive surprise of 50%, and now its getting prepared to report again next week. So he decided to remove the bull call spreads by selling to close the two Sept 60.00 Calls AND buying to close the two Sept 65.00 Calls.
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Steve also decided to sell some of Aaron's (AAN) ahead of its earnings report for a 9.6% return. The editors aren't alarmed. And as you'll see in the highlights section below, Dave said in Momentum Trader that this drop provides one of the better buying opportunities in a while.
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c63443be-7c93-45dc-844e-b3c23abffd04
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9135.0
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2017-07-28 00:00:00 UTC
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Consumer Sector Update for 07/28/2017: AAN,SAM,DEST
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AAN
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https://www.nasdaq.com/articles/consumer-sector-update-07282017-aansamdest-2017-07-28
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Top Consumer Stocks
WMT -0.10%
MCD -0.62%
DIS -0.05%
CVS +1.21%
KO -0.04%
Consumer stocks were sharply lower Friday, with shares of consumer staples companies in the S&P 500 dropping almost 1.1% while shares of consumer discretionary firms in the S&P 500 were posting a nearly 0.8% decline.
In company news, Aaron's ( AAN ) jumped out to a new, record high on Friday, topping out at $46.59 a share after the home furnishings and appliances retailer exceeded analyst projections with its Q2 financial results and raised its FY17 outlook above Street views.
Excluding one-time items, the company earned $0.68 per share during the April-to-June reporting period, improving on a $0.59 per share adjusted profit last year and beating the Capital IQ consensus by $0.10 per share. Net sales grew 3.3% over the same quarter last year and also surpassing the $786.1 million analyst mean.
For FY17, Aaron's increased its forecast for non-GAAP net income to a new range of $2.45 to $2.65 per share, up from its prior guidance expecting between $2.15 to $2.40 per share previously and topping estimates looking for $2.38 per share. Net sales also are now seen rising to between $3.33 billion to $3.44 billion compared with its prior view looking for $3.10 billion to $3.31 billion and exceeding the $3.22 billion consensus.
Aaron's today also said it has purchased all of the assets of its largest franchisee, SEI/Aaron's Inc, paying $140 million in cash. It sees the deal increasing its FY17 per-share earnings and adds 104 Aaron's-branded stores in 11 states with more than 90,000 customers last year.
In other sector news,
(+) SAM, (+16.5%) Q2 EPS of $2.35 cruises past Capital IQ consensus by $0.86 per share. Revenue rises 1.3% over same quarter last year to $247.9 mln, also tops the $222.7 mln consensus.
(-) DEST, (-41.5%) Terminates December 2016 merger agreement with Orchestra-Prmaman SA, which continues to own 1.92 mln Destination Maternity shares.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In company news, Aaron's ( AAN ) jumped out to a new, record high on Friday, topping out at $46.59 a share after the home furnishings and appliances retailer exceeded analyst projections with its Q2 financial results and raised its FY17 outlook above Street views. It sees the deal increasing its FY17 per-share earnings and adds 104 Aaron's-branded stores in 11 states with more than 90,000 customers last year. (-) DEST, (-41.5%) Terminates December 2016 merger agreement with Orchestra-Prmaman SA, which continues to own 1.92 mln Destination Maternity shares.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In company news, Aaron's ( AAN ) jumped out to a new, record high on Friday, topping out at $46.59 a share after the home furnishings and appliances retailer exceeded analyst projections with its Q2 financial results and raised its FY17 outlook above Street views. Net sales also are now seen rising to between $3.33 billion to $3.44 billion compared with its prior view looking for $3.10 billion to $3.31 billion and exceeding the $3.22 billion consensus.
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In company news, Aaron's ( AAN ) jumped out to a new, record high on Friday, topping out at $46.59 a share after the home furnishings and appliances retailer exceeded analyst projections with its Q2 financial results and raised its FY17 outlook above Street views. Consumer stocks were sharply lower Friday, with shares of consumer staples companies in the S&P 500 dropping almost 1.1% while shares of consumer discretionary firms in the S&P 500 were posting a nearly 0.8% decline. Excluding one-time items, the company earned $0.68 per share during the April-to-June reporting period, improving on a $0.59 per share adjusted profit last year and beating the Capital IQ consensus by $0.10 per share.
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In company news, Aaron's ( AAN ) jumped out to a new, record high on Friday, topping out at $46.59 a share after the home furnishings and appliances retailer exceeded analyst projections with its Q2 financial results and raised its FY17 outlook above Street views. Top Consumer Stocks Excluding one-time items, the company earned $0.68 per share during the April-to-June reporting period, improving on a $0.59 per share adjusted profit last year and beating the Capital IQ consensus by $0.10 per share.
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b3646aa2-4c81-43a0-8c30-d50e95023f6d
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9136.0
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2017-07-28 00:00:00 UTC
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Traders jump on Aaron’s calls
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AAN
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https://www.nasdaq.com/articles/traders-jump-aarons-calls-2017-07-28
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nan
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nan
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Option trades on Aaron's Inc. ( AAN ) caught our eye today. In particular, a couple of trades in the Sept. 48 call. Both trades were for 1,000 contracts. The first took place at 10:02 this morning, and the second was at 10:10. Both trades went off very high in the bid-ask spread and previous open interest at that strike was 1 contract. Based on that information, it seems likely that both of these trades were buy-to-open activity.
InvestorsKeyhole Trade Alert
IK-> The technicals for AAN ($45.84 up $5.22) are bullish with an upward trend. The stock has support about $40.62. Look at the Sept. 38/41 bull-put spread for a 20-cent credit. That's a 7.1% return and the stock has to fall by 10.6% to cause a problem. [InvestorsKeyhole, various news and data services]
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Originally published on InvestorsObserver.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Option trades on Aaron's Inc. ( AAN ) caught our eye today. InvestorsKeyhole Trade Alert IK-> The technicals for AAN ($45.84 up $5.22) are bullish with an upward trend. Both trades went off very high in the bid-ask spread and previous open interest at that strike was 1 contract.
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InvestorsKeyhole Trade Alert IK-> The technicals for AAN ($45.84 up $5.22) are bullish with an upward trend. Option trades on Aaron's Inc. ( AAN ) caught our eye today. [InvestorsKeyhole, various news and data services] The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Option trades on Aaron's Inc. ( AAN ) caught our eye today. InvestorsKeyhole Trade Alert IK-> The technicals for AAN ($45.84 up $5.22) are bullish with an upward trend. Both trades were for 1,000 contracts.
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Option trades on Aaron's Inc. ( AAN ) caught our eye today. InvestorsKeyhole Trade Alert IK-> The technicals for AAN ($45.84 up $5.22) are bullish with an upward trend. In particular, a couple of trades in the Sept. 48 call.
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920b296c-e692-4cad-bce8-44970dec8a4d
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9137.0
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2017-07-26 00:00:00 UTC
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Zacks Investment Ideas feature highlights: Amazon, Best Buy, Aaron's and Conn's
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AAN
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https://www.nasdaq.com/articles/zacks-investment-ideas-feature-highlights%3A-amazon-best-buy-aarons-and-conns-2017-07-26
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nan
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nan
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For Immediate Release
Chicago, IL -July 26, 2017 - Today, Zacks Investment Ideas feature highlights Features: Amazon (NASDAQ: AMZN- Free Report ), Best Buy (NYSE: BBY- Free Report ), Aaron's (NYSE: AAN- Free Report ) and Conn's (NASDAQ: CONN- Free Report ).
Not All Retail Stocks Will Be Crushed by Amazon
We all know that Amazon (NASDAQ: AMZN- Free Report ) is killing the hopes and dreams of many stocks in many sectors. Retail has easily been one of the hardest hit sectors. The stocks in that industry have been facing the wrath of Amazon for the last several years, but it is the tide about to turn?
Presidential tweets have put AMZN on blast and maybe now is the time to take a look at some competitors as money managers may look to move some assets from the retail leader to some other names in the space.
With this in mind, I checked to see the strongest retailing industry and I was surprised to see consumer electronics to be in the top 2% of all industries covered by the Zacks Industry Rank.
Pair of #1's
I was surprised to see the name that everyone has been calling the Amazon showroom as a Zacks Rank #1 (Strong Buy). Best Buy (NYSE: BBY- Free Report ) is just that thanks to a string of beats that dates back to March of 2013.
Revenues for BBY have slipped from the highs back in 2013, but they have seem to have found a bottom. That suggests that consumers will remain loyal to the store. Over the last year and a half the stock has actually trended higher.
Also at a Zacks Rank #1 (Strong Buy) is Aaron's (NYSE: AAN- Free Report ) which also has a Value Style Score of "A" as well as a Growth Style Score of "A."
Estimates for AAN have been increasing. The company has seen estimates move from $2.29 to $2.41 over the last 90 days. The 2018 number has also moved higher, to $2.55 to $2.72 over the same time period.
AAN has also beat the Zacks Consensus Estimate in each of the last four quarters. The big idea is that the percentage of positive earnings surprise has been increasing. Four quarters ago the company posted a beat of 3.5%, then 6.4%. The new two quarters saw beats of 11% and then 21%. That is just what investors like to see.
Zacks Rank #2 (Buy)
Conn's (NASDAQ: CONN- Free Report ) is a Zacks Rank #2 (Buy) and also sports growth and value style scores of "A." Like AAN, this company has also posted four straight beats of the Zacks Consensus Estimate. The average positive earnings surprise over that time span has been 80% and that is a huge number.
Part of the reason for the big surprise is the fact that the company is seeing smaller than expected losses. Over the time period of the last four reports, the stock has more than doubled from below $10 to more than $22 today.
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Get the full Report on BBY - FREE
Get the full Report on AAN - FREE
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Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL -July 26, 2017 - Today, Zacks Investment Ideas feature highlights Features: Amazon (NASDAQ: AMZN- Free Report ), Best Buy (NYSE: BBY- Free Report ), Aaron's (NYSE: AAN- Free Report ) and Conn's (NASDAQ: CONN- Free Report ). Also at a Zacks Rank #1 (Strong Buy) is Aaron's (NYSE: AAN- Free Report ) which also has a Value Style Score of "A" as well as a Growth Style Score of "A." Estimates for AAN have been increasing.
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For Immediate Release Chicago, IL -July 26, 2017 - Today, Zacks Investment Ideas feature highlights Features: Amazon (NASDAQ: AMZN- Free Report ), Best Buy (NYSE: BBY- Free Report ), Aaron's (NYSE: AAN- Free Report ) and Conn's (NASDAQ: CONN- Free Report ). See the pot trades we're targeting>> Get the full Report on AMZN - FREE Get the full Report on BBY - FREE Get the full Report on AAN - FREE Get the full Report on CONN - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL -July 26, 2017 - Today, Zacks Investment Ideas feature highlights Features: Amazon (NASDAQ: AMZN- Free Report ), Best Buy (NYSE: BBY- Free Report ), Aaron's (NYSE: AAN- Free Report ) and Conn's (NASDAQ: CONN- Free Report ). See the pot trades we're targeting>> Get the full Report on AMZN - FREE Get the full Report on BBY - FREE Get the full Report on AAN - FREE Get the full Report on CONN - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL -July 26, 2017 - Today, Zacks Investment Ideas feature highlights Features: Amazon (NASDAQ: AMZN- Free Report ), Best Buy (NYSE: BBY- Free Report ), Aaron's (NYSE: AAN- Free Report ) and Conn's (NASDAQ: CONN- Free Report ). Also at a Zacks Rank #1 (Strong Buy) is Aaron's (NYSE: AAN- Free Report ) which also has a Value Style Score of "A" as well as a Growth Style Score of "A." Estimates for AAN have been increasing.
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cfcf1d1a-6d16-4131-ac82-2647f15703bf
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9138.0
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2017-07-26 00:00:00 UTC
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Dillard's (DDS) Catches Eye: Stock Gains 8.2% in Session
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AAN
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https://www.nasdaq.com/articles/dillards-dds-catches-eye%3A-stock-gains-8.2-in-session-2017-07-26
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nan
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nan
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Dillard's, Inc.DDS was a big mover last session, as its shares rose over 8% on the day. The move came after a new report suggested that the stock appears to be heading for an "infinity squeeze" akin to Volkswagen's legendary short squeeze in 2008. This led to too far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 34% in the past one-month time frame.
The company has seen one negative estimate revision in the last 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Dillard's currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
Dillard's, Inc. Price
Dillard's, Inc. Price | Dillard's, Inc. Quote
A better-ranked stock in the broader Retail-Wholesale space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Is DDS going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaries,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. Price Dillard's, Inc. Price | Dillard's, Inc. Quote A better-ranked stock in the broader Retail-Wholesale space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. This continues the recent uptrend for the company as the stock is now up over 34% in the past one-month time frame.
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Dillard's, Inc. Price Dillard's, Inc. Price | Dillard's, Inc. Quote A better-ranked stock in the broader Retail-Wholesale space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. Price Dillard's, Inc. Price | Dillard's, Inc. Quote A better-ranked stock in the broader Retail-Wholesale space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc. Price Dillard's, Inc. Price | Dillard's, Inc. Quote A better-ranked stock in the broader Retail-Wholesale space is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). This continues the recent uptrend for the company as the stock is now up over 34% in the past one-month time frame.
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228833d4-9c7c-469a-962a-930c49d45172
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9139.0
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2017-07-25 00:00:00 UTC
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Can Aaron's (AAN) Retain Positive Earnings Trend in Q2?
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AAN
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https://www.nasdaq.com/articles/can-aarons-aan-retain-positive-earnings-trend-in-q2-2017-07-25
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nan
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nan
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Aaron's, Inc.AAN is scheduled to release second-quarter 2017 results on Jul 28. The question facing investors is whether this rent-to-own retailer will be able to deliver a positive earnings surprise in the quarter to be reported.
Aaron's posted a positive earnings surprise of 21.2% in the last reported quarter, which marked its fourth consecutive earnings beat. The company has an average positive earnings surprise of 10.6% in the trailing four quarters.
Aaron's, Inc. Price and EPS Surprise
Aaron's, Inc. Price and EPS Surprise | Aaron's, Inc. Quote
What to Expect?
The Zacks Consensus Estimate for second-quarter 2017 has been stable in the last 30 days. However, the current Zacks Consensus Estimate of 58 cents per share for the quarter reflects a year-over-year decline of 1.7%. Further, analysts polled by Zacks expect revenues of $790.4 million, up 0.1% from the year-ago quarter.
Aaron's forms part of the Retail-Wholesale sector. Per the latest Earnings Preview , the Retail-Wholesale sector's earnings are expected to fall 0.2%, while revenues are expected to grow 3.9%.
Factors at Play
While Aaron's has a solid earnings history, the top line continues to struggle. Though the company managed to beat sales estimate in the first quarter, after four consecutive misses, its top line declined year over year mainly due to soft performance at its core - Aaron's Business. Additionally, sales were impacted by lower franchised revenues, a drop in comparable store sales (comps) and lower customer count on a same-store basis.
However, management remains impressed with the performance of Progressive division, which continues to have strong prospects. Going forward, the company remains optimistic of growing Progressive business further, and continues to focus on transforming Aaron's direct-to-consumer operations.
Further, we note that Aaron's has outperformed the broader industry in the last three months. The company's shares have increased 24%, while the industry grew only 5%.
That said, let's wait and see if the strength in the Progressive division and the company's transformation efforts can aid in sustaining the stock momentum.
What the Zacks Model Unveils?
Our proven model does not conclusively show that Aaron's is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Aaron's currently sports a Zacks Rank #1, which increases the predictive power of ESP. However, the company has an Earnings ESP of 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 58 cents. The combination of Aaron's Zacks Rank #1 and ESP of 0.00% makes surprise prediction difficult.
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Alibaba Group Holding Limited BABA currently has an Earnings ESP of +4.11% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here.
The Clorox Co. CLX currently has an Earnings ESP of +0.67% and a Zacks Rank #2.
Nordstrom Inc. JWN has an Earnings ESP of +4.92% and a Zacks Rank #3.
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Alibaba Group Holding Limited (BABA): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Nordstrom, Inc. (JWN): Free Stock Analysis Report
Clorox Company (The) (CLX): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN is scheduled to release second-quarter 2017 results on Jul 28. Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Clorox Company (The) (CLX): Free Stock Analysis Report To read this article on Zacks.com click here. Going forward, the company remains optimistic of growing Progressive business further, and continues to focus on transforming Aaron's direct-to-consumer operations.
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Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Clorox Company (The) (CLX): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to release second-quarter 2017 results on Jul 28. Though the company managed to beat sales estimate in the first quarter, after four consecutive misses, its top line declined year over year mainly due to soft performance at its core - Aaron's Business.
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Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Clorox Company (The) (CLX): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to release second-quarter 2017 results on Jul 28. Aaron's posted a positive earnings surprise of 21.2% in the last reported quarter, which marked its fourth consecutive earnings beat.
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Aaron's, Inc.AAN is scheduled to release second-quarter 2017 results on Jul 28. Click to get this free report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Clorox Company (The) (CLX): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's posted a positive earnings surprise of 21.2% in the last reported quarter, which marked its fourth consecutive earnings beat.
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97395ce5-3bf0-4676-bb9d-74607bd03d87
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9140.0
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2017-07-25 00:00:00 UTC
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Not All Retail Stocks Will Be Crushed By Amazon
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AAN
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https://www.nasdaq.com/articles/not-all-retail-stocks-will-be-crushed-amazon-2017-07-25
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nan
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nan
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We all know that Amazon (AMZN) is killing the hopes and dreams of many stocks in many sectors. Retail has easily been one of the hardest hit sectors. The stocks in that industry have been facing the wrath of Amazon for the last several years, but it is the tide about to turn?
Presidential tweets have put AMZN on blast and maybe now is the time to take a look at some competitors as money managers may look to move some assets from the retail leader to some other names in the space.
With this in mind, I checked to see the strongest retailing industry and I was surprised to see consumer electronics to be in the top 2% of all industries covered by the Zacks Industry Rank.
Pair of #1's
I was surprised to see the name that everyone has been calling the Amazon showroom as a Zacks Rank #1 (Strong Buy). Best Buy (BBY) is just that thanks to a string of beats that dates back to March of 2013.
Revenues for BBY have slipped from the highs back in 2013, but they have seem to have found a bottom. That suggests that consumers will remain loyal to the store. Over the last year and a half the stock has actually trended higher.
Also at a Zacks Rank #1 (Strong Buy) is Aaron's (AAN) which also has a Value Style Score of "A" as well as a Growth Style Score of "A."
Estimates for AAN have been increasing. The company has seen estimates move from $2.29 to $2.41 over the last 90 days. The 2018 number has also moved higher, to $2.55 to $2.72 over the same time period.
AAN has also beat the Zacks Consensus Estimate in each of the last four quarters. The big idea is that the percentage of positive earnings surprise has been increasing. Four quarters ago the company posted a beat of 3.5%, then 6.4%. The new two quarters saw beats of 11% and then 21%. That is just what investors like to see.
Zacks Rank #2 (Buy)
Conn's (CONN) is a Zacks Rank #2 (Buy) and also sports growth and value style scores of "A." Like AAN, this company has also posted four straight beats of the Zacks Consensus Estimate. The average positive earnings surprise over that time span has been 80% and that is a huge number.
Part of the reason for the big surprise is the fact that the company is seeing smaller than expected losses. Over the time period of the last four reports, the stock has more than doubled from below $10 to more than $22 today.
Conn's, Inc. Price and Consensus
Conn's, Inc. Price and Consensus | Conn's, Inc. Quote
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Conn's, Inc. (CONN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Also at a Zacks Rank #1 (Strong Buy) is Aaron's (AAN) which also has a Value Style Score of "A" as well as a Growth Style Score of "A." Estimates for AAN have been increasing. AAN has also beat the Zacks Consensus Estimate in each of the last four quarters.
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Click to get this free report Conn's, Inc. (CONN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Also at a Zacks Rank #1 (Strong Buy) is Aaron's (AAN) which also has a Value Style Score of "A" as well as a Growth Style Score of "A." Estimates for AAN have been increasing.
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Click to get this free report Conn's, Inc. (CONN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Also at a Zacks Rank #1 (Strong Buy) is Aaron's (AAN) which also has a Value Style Score of "A" as well as a Growth Style Score of "A." Estimates for AAN have been increasing.
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AAN has also beat the Zacks Consensus Estimate in each of the last four quarters. Also at a Zacks Rank #1 (Strong Buy) is Aaron's (AAN) which also has a Value Style Score of "A" as well as a Growth Style Score of "A." Estimates for AAN have been increasing.
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d9e5784a-8901-4582-8d56-5cee5611bda3
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9141.0
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2017-07-19 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Aaron's, Red Robin Gourmet Burgers, Best Buy, The Home Depot and Wal-Mart Stores
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AAN
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-aarons-red-robin-gourmet-burgers-best-buy-the-home
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nan
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nan
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For Immediate Release
Chicago, IL - July 19, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Aaron's, Inc. (NYSE: AAN - Free Report ), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB - Free Report ), Best Buy Co., Inc. (NYSE: BBY - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Wal-Mart Stores, Inc. (NYSE: WMT - Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday's Analyst Blog:
Pick These 5 Stocks to Counter the Slump in Retail Sales
U.S. retail and food services sales in June declined 0.2%, following a revised reading of 0.1% decrease registered in May, as people curtailed their spending on clothes and spent less at gasoline stations, department stores and restaurants. This suggests that consumer spending, which plays a pivotal role in driving the economy, may have lost momentum.
As per the Commerce Department report, sales at clothing & clothing accessories stores declined 0.1%, while receipts at gasoline stations fell 1.3%. Sales at food & beverage stores dropped 0.4%. Department store sales decreased 0.7% and were down 3.9% from the prior-year period. Sales at non-store retailers, however, inched up 0.4% in June and increased 9.2% from the prior-year period.
Certainly, the second straight month of slump in retail sales overshadowed steady job additions and gradual wage acceleration. This also cast a doubt over the expected rebound in the economy, which at one end witnessed a rise in interest rate and U.S. factory activity in June, while on the other end saw oil prices lose ground and encountered political gridlock.
If the downward spiral in retail sales has put you in a spot of bother, we advise you to dismiss concerns about its impact on your portfolio and locate greener pastures.
Where to Look for the Right Stocks?
Although the Retail-Wholesale sector has not been a spectacular performer, it still holds promise, given some favorable economic indicators. Moreover, friendlier fiscal and regulatory policies from the current administration also bode well. The rebound in oil prices from all-time lows, improving labor market and gradual recovery in the housing market signal that the economy is on a recovery mode.
The economy added 222,000 jobs in June, while the unemployment rate was 4.4%. These factors are favorable for retailers and definitely play a crucial role in raising buyers' confidence.
Here we have highlighted five Retail/Wholesale stocks with a favorable combination of a Zacks Rank #1 (Strong Buy) or #2 (Buy) and a VGM Score of "A" or "B." These stocks are backed by sound fundamentals, surging share price and a track record of better-than-expected results.
5 Prominent Picks
We suggest investing in Aaron's, Inc. (NYSE: AAN - Free Report ), an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." The company posted an average positive earnings surprise of 10.6% in the trailing four quarters. In the past six months, the stock has surged roughly 30.6% and outperformed the Zacks categorized Retail-Consumer Electronic industry, which advanced 26%. Moreover, it flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
You may also count on Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB - Free Report ), which has a long-term earnings growth rate of 10.3% and a VGM Score of "B." This operator of casual-dining and fast-casual restaurants delivered an average positive earnings surprise of 17.3% in the trailing four quarters and carries a Zacks Rank #1. We note that in the past six months, the stock has advanced approximately 29.8%, while the Zacks categorized Retail-Food & Restaurants industry gained 13.7%.
Another stock worth considering is Best Buy Co., Inc. (NYSE: BBY - Free Report ), which has a long-term earnings growth rate of 11.8% and a VGM Score of "A." This retailer of technology products, services, and solutions delivered an average positive earnings surprise of 33.8% in the trailing four quarters and sports a Zacks Rank #1. We note that in the past six months, the stock has advanced approximately 28.4%, while the Zacks categorized Retail-Consumer Electronic industry gained 26%.
The Home Depot, Inc. (NYSE: HD - Free Report ) with a long-term earnings growth rate of 13% and a VGM Score of "B" is also a solid bet. This home improvement retailer delivered an average positive earnings surprise of 3.5% in the trailing four quarters and carries a Zacks Rank #2. We note that in the past six months, the stock has advanced approximately 13.7%, while the Zacks categorized Building Products - Retail/Wholesale industry has gained 9.8%.
You may also safely bet on Wal-Mart Stores, Inc. (NYSE: WMT - Free Report ), which operates as a chain of discount department stores, hypermarkets and grocery stores. The stock holds a Zacks Rank #2 and has a VGM Score of "B." The company posted an average positive earnings surprise of 3% in the trailing four quarters and has a long-term earnings growth rate of 6.1%. In the past six months, the stock has increased 12.9%, while the Zacks categorized Retail-Supermarkets industry rose 7.4%.
These five stocks are not the end of the road and with the help of the Zacks Stock Screener and some permutation and combination, you can find out other stocks that have the potential to beat the market.
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include Aaron's, Inc. (NYSE: AAN - Free Report ), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB - Free Report ), Best Buy Co., Inc. (NYSE: BBY - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Wal-Mart Stores, Inc. (NYSE: WMT - Free Report ). 5 Prominent Picks We suggest investing in Aaron's, Inc. (NYSE: AAN - Free Report ), an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." Get the full Report on AAN - FREE Get the full Report on RRGB - FREE Get the full Report on BBY - FREE Get the full Report on HD - FREE Get the full Report on WMT - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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Stocks recently featured in the blog include Aaron's, Inc. (NYSE: AAN - Free Report ), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB - Free Report ), Best Buy Co., Inc. (NYSE: BBY - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Wal-Mart Stores, Inc. (NYSE: WMT - Free Report ). Get the full Report on AAN - FREE Get the full Report on RRGB - FREE Get the full Report on BBY - FREE Get the full Report on HD - FREE Get the full Report on WMT - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Aaron's, Inc. (NYSE: AAN - Free Report ), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB - Free Report ), Best Buy Co., Inc. (NYSE: BBY - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Wal-Mart Stores, Inc. (NYSE: WMT - Free Report ). Get the full Report on AAN - FREE Get the full Report on RRGB - FREE Get the full Report on BBY - FREE Get the full Report on HD - FREE Get the full Report on WMT - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Aaron's, Inc. (NYSE: AAN - Free Report ), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB - Free Report ), Best Buy Co., Inc. (NYSE: BBY - Free Report ), The Home Depot, Inc. (NYSE: HD - Free Report ) and Wal-Mart Stores, Inc. (NYSE: WMT - Free Report ). 5 Prominent Picks We suggest investing in Aaron's, Inc. (NYSE: AAN - Free Report ), an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." Get the full Report on AAN - FREE Get the full Report on RRGB - FREE Get the full Report on BBY - FREE Get the full Report on HD - FREE Get the full Report on WMT - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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eda6f10f-b734-4150-9bf9-3ae34190906c
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9142.0
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2017-07-18 00:00:00 UTC
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Pick These 5 Stocks to Counter the Slump in Retail Sales
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AAN
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https://www.nasdaq.com/articles/pick-these-5-stocks-to-counter-the-slump-in-retail-sales-2017-07-18
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nan
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nan
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U.S. retail and food services sales in June declined 0.2%, following a revised reading of 0.1% decrease registered in May, as people curtailed their spending on clothes and spent less at gasoline stations, department stores and restaurants. This suggests that consumer spending, which plays a pivotal role in driving the economy, may have lost momentum.
As per the Commerce Department report, sales at clothing & clothing accessories stores declined 0.1%, while receipts at gasoline stations fell 1.3%. Sales at food & beverage stores dropped 0.4%. Department store sales decreased 0.7% and were down 3.9% from the prior-year period. Sales at non-store retailers, however, inched up 0.4% in June and increased 9.2% from the prior-year period.
Certainly, the second straight month of slump in retail sales overshadowed steady job additions and gradual wage acceleration. This also cast a doubt over the expected rebound in the economy, which at one end witnessed a rise in interest rate and U.S. factory activity in June, while on the other end saw oil prices lose ground and encountered political gridlock.
If the downward spiral in retail sales has put you in a spot of bother, we advise you to dismiss concerns about its impact on your portfolio and locate greener pastures.
Where to Look for the Right Stocks?
Although the Retail-Wholesale sector has not been a spectacular performer, it still holds promise, given some favorable economic indicators. Moreover, friendlier fiscal and regulatory policies from the current administration also bode well. The rebound in oil prices from all-time lows, improving labor market and gradual recovery in the housing market signal that the economy is on a recovery mode.
The economy added 222,000 jobs in June, while the unemployment rate was 4.4%. These factors are favorable for retailers and definitely play a crucial role in raising buyers' confidence.
Here we have highlighted five Retail/Wholesale stocks with a favorable combination of a Zacks Rank #1 (Strong Buy) or #2 (Buy) and a VGM Score of "A" or "B." These stocks are backed by sound fundamentals, surging share price and a track record of better-than-expected results.
5 Prominent Picks
We suggest investing in Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." The company posted an average positive earnings surprise of 10.6% in the trailing four quarters. In the past six months, the stock has surged roughly 30.6% and outperformed the Zacks categorized Retail-Consumer Electronic industry, which advanced 26%. Moreover, it flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
You may also count on Red Robin Gourmet Burgers, Inc.RRGB , which has a long-term earnings growth rate of 10.3% and a VGM Score of "B." This operator of casual-dining and fast-casual restaurants delivered an average positive earnings surprise of 17.3% in the trailing four quarters and carries a Zacks Rank #1. We note that in the past six months, the stock has advanced approximately 29.8%, while the Zacks categorized Retail-Food & Restaurants industry gained 13.7%.
Another stock worth considering is Best Buy Co., Inc.BBY , which has a long-term earnings growth rate of 11.8% and a VGM Score of "A." This retailer of technology products, services, and solutions delivered an average positive earnings surprise of 33.8% in the trailing four quarters and sports a Zacks Rank #1. We note that in the past six months, the stock has advanced approximately 28.4%, while the Zacks categorized Retail-Consumer Electronic industry gained 26%.
The Home Depot, Inc.HD with a long-term earnings growth rate of 13% and a VGM Score of "B" is also a solid bet. This home improvement retailer delivered an average positive earnings surprise of 3.5% in the trailing four quarters and carries a Zacks Rank #2. We note that in the past six months, the stock has advanced approximately 13.7%, while the Zacks categorized Building Products - Retail/Wholesale industry has gained 9.8%.
You may also safely bet on Wal-Mart Stores, Inc.WMT , which operates as a chain of discount department stores, hypermarkets and grocery stores. The stock holds a Zacks Rank #2 and has a VGM Score of "B." The company posted an average positive earnings surprise of 3% in the trailing four quarters and has a long-term earnings growth rate of 6.1%. In the past six months, the stock has increased 12.9%, while the Zacks categorized Retail-Supermarkets industry rose 7.4%.
These five stocks are not the end of the road and with the help of the Zacks Stock Screener and some permutation and combination, you can find out other stocks that have the potential to beat the market.
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report
Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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5 Prominent Picks We suggest investing in Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report To read this article on Zacks.com click here. U.S. retail and food services sales in June declined 0.2%, following a revised reading of 0.1% decrease registered in May, as people curtailed their spending on clothes and spent less at gasoline stations, department stores and restaurants.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report To read this article on Zacks.com click here. 5 Prominent Picks We suggest investing in Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." We note that in the past six months, the stock has advanced approximately 28.4%, while the Zacks categorized Retail-Consumer Electronic industry gained 26%.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report To read this article on Zacks.com click here. 5 Prominent Picks We suggest investing in Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." Here we have highlighted five Retail/Wholesale stocks with a favorable combination of a Zacks Rank #1 (Strong Buy) or #2 (Buy) and a VGM Score of "A" or "B."
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5 Prominent Picks We suggest investing in Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions, with a VGM Score of "A." Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report To read this article on Zacks.com click here. Where to Look for the Right Stocks?
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9143.0
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2017-07-12 00:00:00 UTC
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GME Stock Gets an Extra Life as GameStop Turnaround Takes Hold
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AAN
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https://www.nasdaq.com/articles/gme-stock-gets-extra-life-gamestop-turnaround-takes-hold-2017-07-12
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
GameStop Corp. (NYSE: GME ) has certainly seen better days. But investors may want to consider GME stock here as its turnaround takes hold and the retailer gets on firmer footing.
The year so far has turned out to be an eventful one for Retail-Consumer Electronic industry. Year to date, the industry has witnessed a sharp gain of 27%. Stocks such as Best Buy Co., Inc. (NYSE: BBY ) Conn's, Inc. (NASDAQ: CONN ) and Aaron's, Inc. (NYSE: AAN ) are all up quite nicely.
However, also part of the same retail industry has faltered, evident from its fall of 17% and a double digit decline for GME stock since Jan. 1.
So after observing GameStop Corp. and GME stock performance, the first question which comes to our mind is why is this company lagging behind the industry? And how much time will it take to match the industry's performance, or for GME to even outperform? Let's delve deeper.
Dismal New Software Sales Hurt GME Stock
Despite reporting better-than-expected first-quarter fiscal 2017 results, the company retained the outlook which investors did not welcome. This can be attributed to the delay in the launch of "Red Dead Redemption: 2" and less visibility for the demand of Nintendo Switch for the entire year. GameStop doesn't expect "Red Dead Redemption: 2" to be launched this fiscal year. The company continues to anticipate fiscal 2017 comps to be in the range of flat to down 5%. For the fiscal year, management also reiterated earnings forecast of $3.10-$3.40 per share, which is considerably lower than $3.77 and $3.90 delivered in fiscal 2016 and 2015 for GME stock.
Further, we note that the bottom line continues to decline year over year. Earnings per share had declined 2.9%, 12.9%, 9.3% and 0.8% in the first, second, third and fourth quarters of fiscal 2016. In first-quarter fiscal 2017, it declined 4.5%. The reflection of the same is evident from the stock's dismal run.
GameStop's basic concern is the weakness prevailing in new software sales, which is heightening apprehensions about the impact of digital downloads on the same. New software sales witnessed 8.2% decline in the first quarter. During fourth-quarter fiscal 2016 conference call, the company stated that it expects new software sales to decline mid-single digits in fiscal 2017.
GameStop Corp. Revival Strategy
Though the stock has underperformed the industry in the recent times, the stock has all the ingredients to outpace the industry. Both Technology Brands & Collectibles Business are growing at a very rapid speed and can help the company regain its lost position. During the fiscal first quarter, the collectibles business sales surged 39.1% to $114.5 million buoyed by robust sales of Pokémon-related products. The company added nine Collectibles stores during the quarter, taking the total count to 95 stores for GME stock. We noted that in the fourth and third quarter of fiscal 2016, collectibles brands sales jumped 27.8% and 37.3%, respectively.
Meanwhile, in the first-quarter fiscal 2017 Technology Brands sales jumped 21.5% to $201.4 million driven by year-over-year growth in AT&T authorized retail stores. Technology Brands sales has improved 43.9%, 54.4%, 54.6% and 62.2% in the fourth, third, second and first quarter of fiscal 2016.
GME stock anticipates sturdy performance of Technology Brands and Collectibles to continue in fiscal 2017. Management also anticipates Technology Brands' operating earnings to rise over 30% to $120 million during fiscal 2017 and to be $200 million in fiscal 2019. During fourth-quarter fiscal 2016 conference call, the company stated that it expects Technology Brands sales to increase 10-16% in fiscal 2017.
GameStop expects to enhance collectibles business approximately $650-$700 million during fiscal 2017 and anticipates becoming a $1 billion business by the end of fiscal 2019. In the second quarter, Collectibles sales are forecasted to increase by 35-40%. The company remains optimistic about non-physical gaming businesses and expects this category to reach approximately 50% of operating earnings by the end of fiscal 2019.
Conclusion for GME Stock
Dismal New software sales, delay in launch of "Red Dead Redemption: 2" and less visibility for the demand of Nintendo Switch for the entire year are no doubt are causes of worry for investors right now. However, robust performance of both Technology Brands and Collectibles along with management's optimistic view about both these segments may help in offsetting the laggards.
GameStop currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
The post GME Stock Gets an Extra Life as GameStop Turnaround Takes Hold appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks such as Best Buy Co., Inc. (NYSE: BBY ) Conn's, Inc. (NASDAQ: CONN ) and Aaron's, Inc. (NYSE: AAN ) are all up quite nicely. Dismal New Software Sales Hurt GME Stock Despite reporting better-than-expected first-quarter fiscal 2017 results, the company retained the outlook which investors did not welcome. The company remains optimistic about non-physical gaming businesses and expects this category to reach approximately 50% of operating earnings by the end of fiscal 2019.
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Stocks such as Best Buy Co., Inc. (NYSE: BBY ) Conn's, Inc. (NASDAQ: CONN ) and Aaron's, Inc. (NYSE: AAN ) are all up quite nicely. During fourth-quarter fiscal 2016 conference call, the company stated that it expects new software sales to decline mid-single digits in fiscal 2017. During fourth-quarter fiscal 2016 conference call, the company stated that it expects Technology Brands sales to increase 10-16% in fiscal 2017.
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Stocks such as Best Buy Co., Inc. (NYSE: BBY ) Conn's, Inc. (NASDAQ: CONN ) and Aaron's, Inc. (NYSE: AAN ) are all up quite nicely. For the fiscal year, management also reiterated earnings forecast of $3.10-$3.40 per share, which is considerably lower than $3.77 and $3.90 delivered in fiscal 2016 and 2015 for GME stock. GME stock anticipates sturdy performance of Technology Brands and Collectibles to continue in fiscal 2017.
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Stocks such as Best Buy Co., Inc. (NYSE: BBY ) Conn's, Inc. (NASDAQ: CONN ) and Aaron's, Inc. (NYSE: AAN ) are all up quite nicely. New software sales witnessed 8.2% decline in the first quarter. GME stock anticipates sturdy performance of Technology Brands and Collectibles to continue in fiscal 2017.
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9144.0
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2017-07-07 00:00:00 UTC
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Notable Friday Option Activity: OCUL, FB, AAN
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AAN
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https://www.nasdaq.com/articles/notable-friday-option-activity-ocul-fb-aan-2017-07-07
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nan
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nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ocular Therapeutix Inc (Symbol: OCUL), where a total volume of 9,794 contracts has been traded thus far today, a contract volume which is representative of approximately 979,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 93% of OCUL's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $10 strike call option expiring July 21, 2017 , with 2,232 contracts trading so far today, representing approximately 223,200 underlying shares of OCUL. Below is a chart showing OCUL's trailing twelve month trading history, with the $10 strike highlighted in orange:
Facebook Inc (Symbol: FB) options are showing a volume of 169,620 contracts thus far today. That number of contracts represents approximately 17.0 million underlying shares, working out to a sizeable 87.4% of FB's average daily trading volume over the past month, of 19.4 million shares. Especially high volume was seen for the $150 strike call option expiring July 07, 2017 , with 15,191 contracts trading so far today, representing approximately 1.5 million underlying shares of FB. Below is a chart showing FB's trailing twelve month trading history, with the $150 strike highlighted in orange:
And Aaron's Inc (Symbol: AAN) options are showing a volume of 6,188 contracts thus far today. That number of contracts represents approximately 618,800 underlying shares, working out to a sizeable 86.7% of AAN's average daily trading volume over the past month, of 713,350 shares. Especially high volume was seen for the $40 strike call option expiring August 18, 2017 , with 3,016 contracts trading so far today, representing approximately 301,600 underlying shares of AAN. Below is a chart showing AAN's trailing twelve month trading history, with the $40 strike highlighted in orange:
For the various different available expirations for OCUL options , FB options , or AAN options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Especially high volume was seen for the $40 strike call option expiring August 18, 2017 , with 3,016 contracts trading so far today, representing approximately 301,600 underlying shares of AAN. Below is a chart showing FB's trailing twelve month trading history, with the $150 strike highlighted in orange: And Aaron's Inc (Symbol: AAN) options are showing a volume of 6,188 contracts thus far today. That number of contracts represents approximately 618,800 underlying shares, working out to a sizeable 86.7% of AAN's average daily trading volume over the past month, of 713,350 shares.
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Below is a chart showing FB's trailing twelve month trading history, with the $150 strike highlighted in orange: And Aaron's Inc (Symbol: AAN) options are showing a volume of 6,188 contracts thus far today. That number of contracts represents approximately 618,800 underlying shares, working out to a sizeable 86.7% of AAN's average daily trading volume over the past month, of 713,350 shares. Especially high volume was seen for the $40 strike call option expiring August 18, 2017 , with 3,016 contracts trading so far today, representing approximately 301,600 underlying shares of AAN.
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Below is a chart showing FB's trailing twelve month trading history, with the $150 strike highlighted in orange: And Aaron's Inc (Symbol: AAN) options are showing a volume of 6,188 contracts thus far today. That number of contracts represents approximately 618,800 underlying shares, working out to a sizeable 86.7% of AAN's average daily trading volume over the past month, of 713,350 shares. Especially high volume was seen for the $40 strike call option expiring August 18, 2017 , with 3,016 contracts trading so far today, representing approximately 301,600 underlying shares of AAN.
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That number of contracts represents approximately 618,800 underlying shares, working out to a sizeable 86.7% of AAN's average daily trading volume over the past month, of 713,350 shares. Below is a chart showing FB's trailing twelve month trading history, with the $150 strike highlighted in orange: And Aaron's Inc (Symbol: AAN) options are showing a volume of 6,188 contracts thus far today. Especially high volume was seen for the $40 strike call option expiring August 18, 2017 , with 3,016 contracts trading so far today, representing approximately 301,600 underlying shares of AAN.
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4d67f32b-df64-40f4-96c1-484137e9547c
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9145.0
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2017-07-06 00:00:00 UTC
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RH Scales New 52-Week High on Transformation Initiatives
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AAN
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https://www.nasdaq.com/articles/rh-scales-new-52-week-high-on-transformation-initiatives-2017-07-06
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nan
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nan
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Shares of RHRH , formerly known as Restoration Hardware, hit a 52-week high of $68.11 on Jul 5. The stock pulled back to end the trading session at $67.37, gaining 3.6% on the day.
Shares of this leading luxury retailer in the home furnishing space have skyrocketed 119.5% on a year-to-date basis, significantly outpacing the Zacks categorized Retail-Home Furnishings industry's growth of 2.2%. That said, we noticed that RH outperformed the industry in each of 4-week, 12-week and 52-week time frames. The overall improvement in the U.S. economy along with the rising housing momentum is expected to drive RH's fiscal-2017 results.
What's Driving the Stock?
In fact, it was a difficult fiscal 2016 for RH as the company's financial results were hurt by its strategic investment. In 2016, the company transformed its business from a promotional to a membership model (RH Members Program), leading to a decline in earnings as well as its share price. However, this transformed business model is expected to enhance its brand, streamline operations and elevate customer experience.
To drive sales in 2017, the company has been focusing on designing new back-end operating platforms. RH has started redesigning its supply chain network, rationalizing product offerings and transitioning inventory into fewer facilities. Also, initiatives such as RH Modern, RH Teen, RH Hospitality, a redesigned RH Interiors Source Book, and rollout of Design Ateliers across the company's retail Galleries are expected to contribute to growth in 2017 and beyond.
In 2017, the company will primarily focus on transformation of its real estate platform, expansion of its product offerings, designing of a new operating platform, in-home delivery experience along with decision data and analytics to support long-term growth.
Since its first-quarter earnings release on Jun 1, shares of RH have increased 17.7% compared with the industry's gain of 9%. RH beaten or met earnings estimates in the trailing four quarters, with an average beat of 13.6%.
The company's first-quarter fiscal 2017 earnings per share of 5 cents reflect a significant improvement over the prior-year quarter's loss of 5 cents. Revenues have also increased 23% year over year. RH's comparable brand revenues have grown 9% year over year compared with the 4% rise in the prior-year quarter. Also, adjusted operating margin expanded 130 basis points (bps) while adjusted gross margin improved 80 bps.
Importantly, RH's acquisition of Waterworks in May 2016 also contributed to its top line. Acquisition of Waterworks accounted for almost six percentage points of revenue growth in the first quarter of fiscal 2017. The addition of Waterworks is expected to prove accretive to the earnings in the years to come.
All these factors are expected to make meaningful contribution to the company's bottom line that is expected to grow a solid 22.5% in 3-5 years.
Zacks Rank & Key Pick
RH currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Retail-Wholesale sector are Ethan Allen Interiors Inc. ETH , Aaron's, Inc. AAN and Best Buy Co., Inc. BBY .
Aaron's, a Zacks Rank #1 (Strong Buy) stock, surpassed earnings estimates in each of the trailing four quarters, with an average beat of 10.55%. You can see the complete list of today's Zacks #1 Rank stocks here .
Ethan Allen and Best Buy carry a Zacks Rank #2 (Buy). Best Buy is likely to see a rise of 8.7% in full-year 2017 earnings. Ethan Allen's trailing 12-month ROE of 11.31% is higher than the Zacks Retail - Home Furnishings industry's return of 7.61%.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report
Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Some better-ranked stocks in the Retail-Wholesale sector are Ethan Allen Interiors Inc. ETH , Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report To read this article on Zacks.com click here. In 2016, the company transformed its business from a promotional to a membership model (RH Members Program), leading to a decline in earnings as well as its share price.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the Retail-Wholesale sector are Ethan Allen Interiors Inc. ETH , Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . The company's first-quarter fiscal 2017 earnings per share of 5 cents reflect a significant improvement over the prior-year quarter's loss of 5 cents.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the Retail-Wholesale sector are Ethan Allen Interiors Inc. ETH , Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Also, initiatives such as RH Modern, RH Teen, RH Hospitality, a redesigned RH Interiors Source Book, and rollout of Design Ateliers across the company's retail Galleries are expected to contribute to growth in 2017 and beyond.
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Some better-ranked stocks in the Retail-Wholesale sector are Ethan Allen Interiors Inc. ETH , Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report To read this article on Zacks.com click here. RH's comparable brand revenues have grown 9% year over year compared with the 4% rise in the prior-year quarter.
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a53ce825-0c18-4190-b264-ba259cc5ceea
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9146.0
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2017-07-06 00:00:00 UTC
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Here's Why You Should Add Beacon Roofing (BECN) Right Away
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AAN
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https://www.nasdaq.com/articles/heres-why-you-should-add-beacon-roofing-becn-right-away-2017-07-06
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nan
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nan
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Beacon Roofing Supply, Inc.BECN , the second-largest distributor of residential and non-residential roofing materials in the U.S. and Canada, has been performing well of late. We are positive on the company's prospects and believe that the time is right for you to add the stock to portfolio as it looks promising and is poised to carry the momentum ahead.
What's Working in Favor of Beacon Roofing?
Favorable Zacks Rank, Score: Beacon Roofing carries a Zacks Rank #2 (Buy) and a VGM score of "B". Here V stands for Value, G for Growth and M for Momentum. Beacon Roofing's score is a weighted combination of these three scores (Value - B, Growth - A, Momentum - B). Such a score allows you to eliminate the negative aspects of stocks and select winners.
Price Performance: Beacon Roofing's share price has surged 52.2% in the last two years, outperforming the Zacks categorized Building Products-Retail/Wholesale sub industry's gain of 28.9%.
We note that the industry is also favorably placed as it occupies a space in the top 48% of the Zacks classified industries (124 out of the 256).
Upbeat Company Guidance: During the second-quarter fiscal 2017 conference call, the company increased total revenue growth range to 6-9% from the prior 3-7% for fiscal 2017. Organic growth guidance remains at 3-5% or 4-6% on a daily basis. Recent housing market data involving new home construction and existing home sales continue to witness positive trend. Earnings per share is expected at around $2.34. The company will continue to focus on revenue growth, both organically and through acquisitions while improving margins and operating expense leverage in fiscal 2017.
Estimates Moving Up: Annual estimates for Bacon Roofing have moved north in the past 60 days, reflecting analysts' confidence on the stock. In this period, the Zacks Consensus Estimate for 2017 has increased by around 1% to $2.37 per share. The Zacks Consensus Estimate for 2018 has also moved up 2% to $2.71.
Healthy Growth Prospects: The Zacks Consensus Estimate for revenues is at $4.45 billion for fiscal 2017, reflecting 7.83% year-over-year growth, within management's guidance. The estimate for fiscal 2018 of $4.69 billion projects 5.42% annual growth. The Zacks Consensus Estimate for earnings for fiscal 2017 is pegged at $2.37, higher than management's guidance and depicting growth of 12.95%. The estimate for fiscal 2018 reflects year-over-year growth of 14.25%.
The stock has an estimated long-term earnings growth rate of 13.75%.
Positive Earnings Surprise History: Beacon Roofing has outpaced the Zacks Consensus Estimate in three of the trailing four quarters, delivering a positive average earnings surprise of 7.84%.
Growth Drivers
Beacon Roofing continues to balance year-to-year branch opening strategy with potential acquisitions. In addition to growth through acquisitions, the company also remains focused on attaining organic growth. Utilizing technology, it continues to drive selling effectiveness through CRM platform and has more than 1000 key employees utilizing this tool. Further, the company is in the early stages of its eCommerce rollout, which will enhance customer productivity and sales. It is also progressing toward two-step selling to lumber dealers and national account expansion businesses. These are key elements of its growth strategy along with acquisitions, greenfield branches and existing branch organic growth.
Economic indicators suggest continued recovery for residential and commercial end markets. The housing scenario will remain favorable in 2017 with economists anticipating a low-double digit increase in single-family housing starts and a low to mid-single -digit increase in existing home sales. Housing turnover will likely be a catalyst in triggering re-roofing activity. Historically, 75−80% of Beacon roofing revenues is related to re-roofing. The aging U.S. housing stock in addition with below average roofing shingle volumes, reinforces a favorable supply/demand dynamic in the residential repair and remodel market in the future. Given that Beacon Roofing is the second largest distributor of residential and non-residential roofing materials in the U.S., it is poised to benefit from this growth.
Other Stocks to Consider
Some other top-ranked stocks worth considering in the sector include Aaron's, Inc. AAN , Dave & Buster's Entertainment, Inc. PLAY and The Children's Place, Inc. PLCE . These three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has delivered an average earnings surprise of 10.55% in the trailing four quarters. Dave & Buster's and Children's Place delivered an average positive earnings surprise of 30.49% and 36.55%, respectively in the past four quarters.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Dave & Buster's Entertainment, Inc. (PLAY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Some other top-ranked stocks worth considering in the sector include Aaron's, Inc. AAN , Dave & Buster's Entertainment, Inc. Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Dave & Buster's Entertainment, Inc. (PLAY): Free Stock Analysis Report To read this article on Zacks.com click here. The company will continue to focus on revenue growth, both organically and through acquisitions while improving margins and operating expense leverage in fiscal 2017.
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Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Dave & Buster's Entertainment, Inc. (PLAY): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other top-ranked stocks worth considering in the sector include Aaron's, Inc. AAN , Dave & Buster's Entertainment, Inc. Favorable Zacks Rank, Score: Beacon Roofing carries a Zacks Rank #2 (Buy) and a VGM score of "B".
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Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Dave & Buster's Entertainment, Inc. (PLAY): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other top-ranked stocks worth considering in the sector include Aaron's, Inc. AAN , Dave & Buster's Entertainment, Inc. Healthy Growth Prospects: The Zacks Consensus Estimate for revenues is at $4.45 billion for fiscal 2017, reflecting 7.83% year-over-year growth, within management's guidance.
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Other Stocks to Consider Some other top-ranked stocks worth considering in the sector include Aaron's, Inc. AAN , Dave & Buster's Entertainment, Inc. Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Dave & Buster's Entertainment, Inc. (PLAY): Free Stock Analysis Report To read this article on Zacks.com click here. What's Working in Favor of Beacon Roofing?
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f3ae9c6d-3e67-47b2-be0b-a4e9ab6343b2
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9147.0
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2017-07-06 00:00:00 UTC
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5 Growth Stocks to Buy Now In…. RETAIL?!?
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AAN
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https://www.nasdaq.com/articles/5-growth-stocks-buy-now-retail-2017-07-06
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The best stocks to buy now and the hottest growth stocks are typically found in sectors like technology. And most investors are aware of the fact that retail based stocks have been dealt heavy losses lately.
But that doesn't mean the sector is dead.
The recent lackluster performance can be attributed to various trends such as the growth of online shopping and increased competition. However, as most retail equity continues to plummet, there are a select number of stocks in the industry that are projected to greatly expand and remain the best stocks to buy now despite broad headwinds for the space.
Luckily, we can utilize the Zacks Stock Screener to discover stocks in the retail industry that possess a bright future outlook. We can analyze growth through our growth style score category, projected sales, as well as earnings and EPS growth. Basically, Zacks customers can screen for investments that provide growth prospects within a struggling industry.
CLICK HERE to check out these five retail growth stocks to buy now…
Growth Stocks to Buy Now - Aaron's
Aaron's, Inc. (NYSE: AAN ) is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. AAN stock is currently on a hot streak, as they have defeated their earnings projections in each of the four past operational quarters by an average of 10.55%. This brisk growth makes it one of the best stocks to buy now in any sector.
Further, Aaron's consumer electronics retail industry ranks in the top 1% of the Zacks Industry Rank. The firm has received "A" grades in Growth and Value, which means that Aaron's is considered undervalued while currently exhibiting extensive growth prospects.
Aaron's posted a Cash Flow per Share of $21.76 which towers over the industrial average of $0.75. This metric shows that Aaron's is utilizing shareholder equity to finance their company much more effectively than their competitors. Additionally, Aaron's reported a strong EV/EBITDA of 1.83 and RoE of 11.09, both of which beat their respective industrial averages of 3.70 and 3.79%. Finally, Aaron's share price has increased by an incredible 82.03%, making now the perfect time to invest in the company that holds a Zacks Rank #1 (Strong Buy).
Click for the Next Pick - BGFV
Growth Stocks to Buy Now - Big 5
Big 5 Sporting Goods Corporation (NASDAQ: BGFV ) is a leading sporting goods retailer in the western United States, and one of the best stocks to buy now.
The stock has surged by 56% in the last year, defeating the industry's decline of 4.7%. Additionally, the company has beaten earnings estimates in four straight quarters while sales have also increased. Big 5 is attempting to expand as they plan to open eight new stores throughout 2017. At the beginning of April, the firm reported a robust balance sheet with cash of $5.9 million, total shareholders' equity of $206.8 million and long-term debt of $21.8 million.
Big 5 Sporting Goods pays a strong 4.56% dividend and received "A" grades in each style score category including Value, Growth, and Momentum. Even though this company is projected to immensely expand, Big 5 received a phenomenal beta rating of 0.03, which means that the stock is considered less volatile than the average security. Also, the company posted a debt/capital ratio of 10.30%, which beats the industrial average of 13.51%. This metric shows that Big 5 is financing with less debt or liabilities than its competitors. Big 5 Sports Goods Corporation currently sports a Zacks Rank #1 (Strong Buy).
Click for the Next Pick - BURL
Growth Stocks to Buy Now - Burlington Stores
Burlington Stores Inc. (NYSE: BURL ) operates as an off-price apparel and home product retailer. The company ought to be known as the poster child for consistency, as they have beaten their earnings projections in each of the past fourteen quarters dating back to 2014. Also, Burlington holds an "A" grade for Momentum and Growth, which means that the share price has greatly increased and that the company is expected to continue expanding.
Burlington Stores reported current cash flow growth of 19.96% which compares favorably to the industry average of 4.58%. In essence, the magnitude of Burlington's positive cash flows is projected to increase in the near future. Further, Burlington possesses a projected EPS growth of 22.82% compared to their competitors' average of 9.89%. This metric presents the notion that Burlington is utilizing shareholder equity to grow faster than its competitors. Burlington Stores was recently upgraded to a Zacks Rank #2 (Buy).
Click for the Next Pick - PLCE
Growth Stocks to Buy Now - The Children's Place
Childrens Place Inc (NASDAQ: PLCE ) is a specialty retailer of apparel and accessories for children under the age of twelve and newborns. The company received "A" grades for Value and Growth, which means that we believe that the firm is undervalued and will continue to expand. Additionally, Children's Place features a RoE of 19.35% and Net Margin of 6.25%, both of which compare favorably to the industrial averages of 9.56% and 2.79%, respectively.
As of 60 days ago, the company's full-year EPS estimates increased by 9.50% to an impressive $7.26. Also, Children's Place has beaten their earnings projections for a whopping twenty straight quarters by an average of 14.66% dating back to 2012. Basically, this company has been growing steadily and consistently unlike most of their competitors on the equity securities market. The Children's Place sports a Zacks Rank #1 (Strong Buy).
Click for the Next Pick - CONN
Growth Stocks to Buy Now - Conn's
Conn's Inc. (NASDAQ: CONN ) is a retailer operating specific retail locations in Texas and Louisiana that sells major home appliances. Conn's has absolutely demolished their earnings estimates over the past four operational quarters by an average of 80.87%. Furthermore, Conn's scored an "A" grade for Growth, which means that we project the company to continue to develop and broaden. Conn's participates in the consumer electronics retail industry, which is currently ranked in the top 1% of the Zacks Industry Rank.
Conn's features a Cash/Price ratio of 41.50 and Price/Sales of 0.36, both of which beat their respective industry averages. Additionally, Conn's share price has exploded recently, as it has increased by a remarkable 139.63%. Finally, Conn's full-year EPS estimates have skyrocketed by 50% to $0.36. Now might be the perfect time to purchase shares of Conn's as we project immense growth in the future. Conn's Inc. holds a Zacks Rank #1 (Strong Buy).
The post 5 Growth Stocks to Buy Now In…. RETAIL?!? appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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CLICK HERE to check out these five retail growth stocks to buy now… Growth Stocks to Buy Now - Aaron's Aaron's, Inc. (NYSE: AAN ) is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. AAN stock is currently on a hot streak, as they have defeated their earnings projections in each of the four past operational quarters by an average of 10.55%. Finally, Aaron's share price has increased by an incredible 82.03%, making now the perfect time to invest in the company that holds a Zacks Rank #1 (Strong Buy).
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CLICK HERE to check out these five retail growth stocks to buy now… Growth Stocks to Buy Now - Aaron's Aaron's, Inc. (NYSE: AAN ) is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. AAN stock is currently on a hot streak, as they have defeated their earnings projections in each of the four past operational quarters by an average of 10.55%. Click for the Next Pick - BGFV Growth Stocks to Buy Now - Big 5 Big 5 Sporting Goods Corporation (NASDAQ: BGFV ) is a leading sporting goods retailer in the western United States, and one of the best stocks to buy now.
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CLICK HERE to check out these five retail growth stocks to buy now… Growth Stocks to Buy Now - Aaron's Aaron's, Inc. (NYSE: AAN ) is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. AAN stock is currently on a hot streak, as they have defeated their earnings projections in each of the four past operational quarters by an average of 10.55%. Click for the Next Pick - BGFV Growth Stocks to Buy Now - Big 5 Big 5 Sporting Goods Corporation (NASDAQ: BGFV ) is a leading sporting goods retailer in the western United States, and one of the best stocks to buy now.
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CLICK HERE to check out these five retail growth stocks to buy now… Growth Stocks to Buy Now - Aaron's Aaron's, Inc. (NYSE: AAN ) is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. AAN stock is currently on a hot streak, as they have defeated their earnings projections in each of the four past operational quarters by an average of 10.55%. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The best stocks to buy now and the hottest growth stocks are typically found in sectors like technology.
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5924e960-ddf4-4360-a635-ce0d5451ee5c
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9148.0
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2017-06-29 00:00:00 UTC
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Ferrari and Aaron's are Zacks Rank Buys
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AAN
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https://www.nasdaq.com/articles/ferrari-and-aarons-are-zacks-rank-buys-2017-06-29
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nan
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nan
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Brian Bolan, the aggressive growth stock strategist at Zacks Investment Research is back with two more stocks for your radar. This first is one that will make you want to get a radar detector for your car, especially if you have a Ferrari (RACE). Brian notes this stock has been speeding higher and handles the corners of earnings reports rather well. The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Brian notes that this stock benefits from the continuation of strong home sales.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Ferrari N.V. (RACE): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Brian notes this stock has been speeding higher and handles the corners of earnings reports rather well.
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Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Brian Bolan, the aggressive growth stock strategist at Zacks Investment Research is back with two more stocks for your radar.
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The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks.
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7c317d5f-d3a8-4b41-81a8-b0ece3e366e1
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9149.0
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2017-06-29 00:00:00 UTC
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Ferrari and Aaron's are Zacks Rank Buys
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AAN
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https://www.nasdaq.com/articles/ferrari-and-aarons-are-zacks-rank-buys-2017-06-29-0
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nan
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nan
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Brian Bolan, the aggressive growth stock strategist at Zacks Investment Research is back with two more stocks for your radar. This first is one that will make you want to get a radar detector for your car, especially if you have a Ferrari (RACE). Brian notes this stock has been speeding higher and handles the corners of earnings reports rather well. The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Brian notes that this stock benefits from the continuation of strong home sales.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Ferrari N.V. (RACE): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Brian notes this stock has been speeding higher and handles the corners of earnings reports rather well.
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Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Brian Bolan, the aggressive growth stock strategist at Zacks Investment Research is back with two more stocks for your radar.
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The other stock that is discussed is Aaron's (AAN) which saw two competitors report earnings recently. Click to get this free report Ferrari N.V. (RACE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks.
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95a271c7-2c71-43ee-a02c-3729565f7019
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9150.0
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2017-06-29 00:00:00 UTC
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5 Retail Growth Stocks To Buy Now
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AAN
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https://www.nasdaq.com/articles/5-retail-growth-stocks-buy-now-2017-06-29
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nan
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nan
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Most investors are aware of the fact that retail based stocks have been dealt heavy losses lately. The recent lackluster performance can be attributed to various trends such as the growth of online shopping and increased competition. However, as most retail equity continues to plummet, there are a select number of stocks in the industry that are projected to greatly expand.
Luckily, we can utilize the Zacks Stock Screener to discover stocks in the retail industry that possess a bright future outlook. We can analyze growth through our growth style score category, projected sales, as well as earnings and EPS growth. Basically, Zacks customers can screen for investments that provide growth prospects within a struggling industry.
Check out these five retail growth stocks to buy now:
1. Aaron's, Inc.AAN
Aaron's is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. The company is currently on a hot streak, as they have defeated their earnings projections in each of the four past operational quarters by an average of 10.55%. Further, Aaron's consumer electronics retail industry ranks in the top 1% of the Zacks Industry Rank. The firm has received "A" grades in Growth and Value, which means that Aaron's is considered undervalued while currently exhibiting extensive growth prospects.
Aaron's posted a Cash Flow per Share of $21.76 which towers over the industrial average of $0.75. This metric shows that Aaron's is utilizing shareholder equity to finance their company much more effectively than their competitors. Additionally, Aaron's reported a strong EV/EBITDA of 1.83 and RoE of 11.09, both of which beat their respective industrial averages of 3.70 and 3.79%. Finally, Aaron's share price has increased by an incredible 82.03%, making now the perfect time to invest in the company that holds a Zacks Rank #1 (Strong Buy).
2. Big 5 Sporting Goods CorporationBGFV
Big 5 Sporting Goods is a leading sporting goods retailer in the western United States. The stock has surged by 56% in the last year, defeating the industry's decline of 4.7%. Additionally, the company has beaten earnings estimates in four straight quarters while sales have also increased. Big 5 is attempting to expand as they plan to open eight new stores throughout 2017. At the beginning of April, the firm reported a robust balance sheet with cash of $5.9 million, total shareholders' equity of $206.8 million and long-term debt of $21.8 million.
Big 5 Sporting Goods pays a strong 4.56% dividend and received "A" grades in each style score category including Value, Growth, and Momentum. Even though this company is projected to immensely expand, Big 5 received a phenomenal beta rating of 0.03, which means that the stock is considered less volatile than the average security. Also, the company posted a debt/capital ratio of 10.30%, which beats the industrial average of 13.51%. This metric shows that Big 5 is financing with less debt or liabilities than its competitors. Big 5 Sports Goods Corporation currently sports a Zacks Rank #1 (Strong Buy).
3. Burlington Stores, Inc.BURL
Burlington Stores operates as an off-price apparel and home product retailer. The company ought to be known as the poster child for consistency, as they have beaten their earnings projections in each of the past fourteen quarters dating back to 2014. Also, Burlington holds an "A" grade for Momentum and Growth, which means that the share price has greatly increased and that the company is expected to continue expanding.
Burlington Stores reported current cash flow growth of 19.96% which compares favorably to the industry average of 4.58%. In essence, the magnitude of Burlington's positive cash flows is projected to increase in the near future. Further, Burlington possesses a projected EPS growth of 22.82% compared to their competitors' average of 9.89%. This metric presents the notion that Burlington is utilizing shareholder equity to grow faster than its competitors. Burlington Stores was recently upgraded to a Zacks Rank #2 (Buy).
4. The Children's Place, Inc.PLCE
The Children's Place is a specialty retailer of apparel and accessories for children under the age of twelve and newborns. The company received "A" grades for Value and Growth, which means that we believe that the firm is undervalued and will continue to expand. Additionally, Children's Place features a RoE of 19.35% and Net Margin of 6.25%, both of which compare favorably to the industrial averages of 9.56% and 2.79%, respectively.
As of 60 days ago, the company's full-year EPS estimates increased by 9.50% to an impressive $7.26. Also, Children's Place has beaten their earnings projections for a whopping twenty straight quarters by an average of 14.66% dating back to 2012. Basically, this company has been growing steadily and consistently unlike most of their competitors on the equity securities market. The Children's Place sports a Zacks Rank #1 (Strong Buy).
5. Conn's Inc.CONN
Conn's Inc. is a retailer operating specific retail locations in Texas and Louisiana that sells major home appliances. Conn's has absolutely demolished their earnings estimates over the past four operational quarters by an average of 80.87%. Furthermore, Conn's scored an "A" grade for Growth, which means that we project the company to continue to develop and broaden. Conn's participates in the consumer electronics retail industry, which is currently ranked in the top 1% of the Zacks Industry Rank.
Conn's features a Cash/Price ratio of 41.50 and Price/Sales of 0.36, both of which beat their respective industry averages. Additionally, Conn's share price has exploded recently, as it has increased by a remarkable 139.63%. Finally, Conn's full-year EPS estimates have skyrocketed by 50% to $0.36. Now might be the perfect time to purchase shares of Conn's as we project immense growth in the future. Conn's Inc. holds a Zacks Rank #1 (Strong Buy).
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2%, respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN Aaron's is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here. Finally, Aaron's share price has increased by an incredible 82.03%, making now the perfect time to invest in the company that holds a Zacks Rank #1 (Strong Buy).
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN Aaron's is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. Further, Aaron's consumer electronics retail industry ranks in the top 1% of the Zacks Industry Rank.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN Aaron's is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. Further, Aaron's consumer electronics retail industry ranks in the top 1% of the Zacks Industry Rank.
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Aaron's, Inc.AAN Aaron's is involved in the sales and leasing of residential and office furniture, electronics, home appliances and accessories. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here. Further, Burlington possesses a projected EPS growth of 22.82% compared to their competitors' average of 9.89%.
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dd4844fe-d824-491f-9326-7187a0ce196c
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9151.0
|
2017-06-28 00:00:00 UTC
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What are the Factors Driving Best Buy Ahead of the Industry?
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AAN
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https://www.nasdaq.com/articles/what-are-the-factors-driving-best-buy-ahead-of-the-industry-2017-06-28
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nan
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nan
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Shares of Best Buy Co., Inc.BBY are riding high on strategic efforts, sturdy online sales growth and solid earnings surprise history. Best Buy has outperformed the Zacks categorized Retail-Consumer Electronic industry in the past one year. Moreover, the stock has gained 84.2% in the past one year comfortably outperforming the industry's gain of 64.4%. Let's delve deeper and find out what's driving it.
Strategic Efforts
Best Buy is making extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors. Further, owing to the shift in consumer buying behavior, retailers find the store-in-a-store concept more viable and profitable to reach their target group. We believe that the strategy seems compelling to most retailers and is often considered a game changer as it facilitates the display of different brands under one roof and ensures a larger footfall.
Best Buy 2020: A Game Changer
Following the successful completion of "Renew Blue" program, the company has launched a fresh strategy called "Best Buy 2020: Building the New Blue". In an effort to drive growth, the company is focused on expansion of multi-channel retail business, offering services and solutions that solve customer need. Moreover, it is focusing on accelerating growth in Canada and Mexico. Under the program, it has already achieved the cost reduction target of $400 million, three quarters ahead of the deadline. The company now targets $600 million of cost reduction and gross profit optimization by 2021.
Impressive Earnings Streak
The Zacks Rank #2 (Buy) company has reported better-than-expected earnings for the eighteenth straight quarter. In the trailing four quarters, the company's earnings have surpassed the Zacks Consensus Estimate by an average of 33.8%. The stock's long-term earnings per share growth rate of 11.4% and a VGM Score of "A" portray its inherent strength.
Best Buy Vs Industry
From the above discussion it is evident Best Buy looks to have a clear advantage, in terms of fundamentals, past and future performance.
Other Stocks to Consider
Other top-ranked stocks which warrant a look in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . All these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Conn's has an impressive long-term earnings growth rate of 18.5% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 80.9%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Other top-ranked stocks which warrant a look in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Best Buy Co., Inc.BBY are riding high on strategic efforts, sturdy online sales growth and solid earnings surprise history.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Other top-ranked stocks which warrant a look in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . Impressive Earnings Streak The Zacks Rank #2 (Buy) company has reported better-than-expected earnings for the eighteenth straight quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Other top-ranked stocks which warrant a look in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . Impressive Earnings Streak The Zacks Rank #2 (Buy) company has reported better-than-expected earnings for the eighteenth straight quarter.
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Other Stocks to Consider Other top-ranked stocks which warrant a look in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the stock has gained 84.2% in the past one year comfortably outperforming the industry's gain of 64.4%.
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5b961969-bb3b-44e2-96ad-40810bb7484c
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9152.0
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2017-06-27 00:00:00 UTC
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Lowe's Adds Maintenance Supply Headquarters to Portfolio
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AAN
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https://www.nasdaq.com/articles/lowes-adds-maintenance-supply-headquarters-to-portfolio-2017-06-27
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nan
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nan
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In an effort to strengthen its relationship with pro customers, Lowe's Companies, Inc.LOW has concluded the acquisition of Maintenance Supply Headquarters, the distributor of maintenance, repair and operations ("MRO") products. This $512 million buyout will help in adding multi-family property management customers.
Of late, Lowe's has been focusing on maintenance, repair and operations products which is evident from its acquisition of Maintenance Supply Headquarters and also the earlier buyout of Central Wholesalers.
Following the acquisitions of Maintenance Supply Headquarters, the company will have 13 distribution centers which will provide services to customers in 29 geographic areas mostly in western, southeastern as well as south central U.S. Lowe's already has MRO distributor services in the Mid-Atlantic and Northeast U.S.
In total, the company has now 16 distribution centers with the acquisition of both Maintenance Supply Headquarters and Central Wholesalers. These distribution centers will generate more than $400 million in incremental annual sales.
We believe that an improving job scenario, gradual recovery in the housing market and merchandising initiatives bode well for Lowe's in the long run. Additionally, the Canadian business has been performing quite well. The company had acquired former Target locations across Canada, in a bid to penetrate the Canadian market further. Moreover, the buyout of RONA will help augment its position in the Canadian market.
We observed that Lowe's shares have declined 5.2% in the past one month, wider than the Zacks categorized Building Products-Retail/Wholesale industry's fall of 2.9%. Recent decline in share price was primarily due to lower-than-expected first-quarter fiscal 2017 results and trimmed guidance.
Zacks Rank & Stocks to Consider
Lowe's currently carries a Zacks Rank #3 (Hold). Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . All these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Conn's has an impressive long-term earnings growth rate of 18.5% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 80.9%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
See today's Zacks ""Strong Sells"" absolutely free >>.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. We believe that an improving job scenario, gradual recovery in the housing market and merchandising initiatives bode well for Lowe's in the long run.
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Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . In an effort to strengthen its relationship with pro customers, Lowe's Companies, Inc.LOW has concluded the acquisition of Maintenance Supply Headquarters, the distributor of maintenance, repair and operations ("MRO") products.
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Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . Following the acquisitions of Maintenance Supply Headquarters, the company will have 13 distribution centers which will provide services to customers in 29 geographic areas mostly in western, southeastern as well as south central U.S. Lowe's already has MRO distributor services in the Mid-Atlantic and Northeast U.S.
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Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Conn's, Inc. CONN and The Children's Place, Inc. PLCE . Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. You can see the complete list of today's Zacks #1 Rank stocks here .
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d93736b9-f06b-446c-a38f-d2e17566c15e
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9153.0
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2017-06-22 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for June 23, 2017
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-june-23-2017-2017-06-22
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nan
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nan
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on June 23, 2017. A cash dividend payment of $0.027 per share is scheduled to be paid on July 03, 2017. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AAN has paid the same dividend. At the current stock price of $38.66, the dividend yield is .28%.
The previous trading day's last sale of AAN was $38.66, representing a -4.14% decrease from the 52 week high of $40.33 and a 88.54% increase over the 52 week low of $20.51.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and Rollins, Inc. ( ROL ). AAN's current earnings per share, an indicator of a company's profitability, is $1.97. Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as 4.93%, compared to an industry average of .4%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and Rollins, Inc. ( ROL ). Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as 4.93%, compared to an industry average of .4%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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AAN's current earnings per share, an indicator of a company's profitability, is $1.97. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on June 23, 2017.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AAN has paid the same dividend. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. AAN's current earnings per share, an indicator of a company's profitability, is $1.97. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on June 23, 2017.
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2ec97b81-c49a-4f76-ae45-483f1f3affff
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9154.0
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2017-06-21 00:00:00 UTC
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Ex-Dividend Reminder: Aaron's, Invesco Mortgage Capital and ProAssurance
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AAN
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https://www.nasdaq.com/articles/ex-dividend-reminder-aarons-invesco-mortgage-capital-and-proassurance-2017-06-21
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel , on 6/23/17, Aaron's Inc (Symbol: AAN), Invesco Mortgage Capital Inc. (Symbol: IVR), and ProAssurance Corp (Symbol: PRA) will all trade ex-dividend for their respective upcoming dividends. Aaron's Inc will pay its quarterly dividend of $0.0275 on 7/3/17, Invesco Mortgage Capital Inc. will pay its quarterly dividend of $0.40 on 7/26/17, and ProAssurance Corp will pay its annual dividend of $0.31 on 7/12/17. As a percentage of AAN's recent stock price of $38.17, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 6/23/17. Similarly, investors should look for IVR to open 2.33% lower in price and for PRA to open 0.51% lower, all else being equal.
Below are dividend history charts for AAN, IVR, and PRA, showing historical dividends prior to the most recent ones declared.
Aaron's Inc (Symbol: AAN) :
Invesco Mortgage Capital Inc. (Symbol: IVR) :
ProAssurance Corp (Symbol: PRA) :
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.29% for Aaron's Inc, 9.32% for Invesco Mortgage Capital Inc., and 0.51% for ProAssurance Corp.
In Wednesday trading, Aaron's Inc shares are currently down about 0.7%, Invesco Mortgage Capital Inc. shares are up about 0.3%, and ProAssurance Corp shares are down about 0.1% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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As a percentage of AAN's recent stock price of $38.17, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 6/23/17. Looking at the universe of stocks we cover at Dividend Channel , on 6/23/17, Aaron's Inc (Symbol: AAN), Invesco Mortgage Capital Inc. (Symbol: IVR), and ProAssurance Corp (Symbol: PRA) will all trade ex-dividend for their respective upcoming dividends. Below are dividend history charts for AAN, IVR, and PRA, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel , on 6/23/17, Aaron's Inc (Symbol: AAN), Invesco Mortgage Capital Inc. (Symbol: IVR), and ProAssurance Corp (Symbol: PRA) will all trade ex-dividend for their respective upcoming dividends. Aaron's Inc (Symbol: AAN) : Invesco Mortgage Capital Inc. (Symbol: IVR) : ProAssurance Corp (Symbol: PRA) : In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of AAN's recent stock price of $38.17, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 6/23/17.
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Looking at the universe of stocks we cover at Dividend Channel , on 6/23/17, Aaron's Inc (Symbol: AAN), Invesco Mortgage Capital Inc. (Symbol: IVR), and ProAssurance Corp (Symbol: PRA) will all trade ex-dividend for their respective upcoming dividends. Aaron's Inc (Symbol: AAN) : Invesco Mortgage Capital Inc. (Symbol: IVR) : ProAssurance Corp (Symbol: PRA) : In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of AAN's recent stock price of $38.17, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 6/23/17.
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Looking at the universe of stocks we cover at Dividend Channel , on 6/23/17, Aaron's Inc (Symbol: AAN), Invesco Mortgage Capital Inc. (Symbol: IVR), and ProAssurance Corp (Symbol: PRA) will all trade ex-dividend for their respective upcoming dividends. As a percentage of AAN's recent stock price of $38.17, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 6/23/17. Below are dividend history charts for AAN, IVR, and PRA, showing historical dividends prior to the most recent ones declared.
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e8070749-916c-4572-88ae-4e0b1baacd03
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9155.0
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2017-06-21 00:00:00 UTC
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JC Penney Down 48% in 6 Months, What Are the Chances of Revival?
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AAN
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https://www.nasdaq.com/articles/jc-penney-down-48-in-6-months-what-are-the-chances-of-revival-2017-06-21
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nan
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nan
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The impact of challenging retail landscape, stiff competition from online retailers and waning store traffic is clearly evident from J. C. Penney Company, Inc.'s JCP share performance that have underperformed the industry in the past six months. The stock has declined 47.9%, wider than the Zacks categorized Retail-Regional Departmental Stores industry's fall of 35%. Let's delve deeper and find out what's ailing it.
The company's weaker-than-expected top-line performance in the trailing five quarters has been a major concern. Further, weakness in apparel continues to affect the company's overall sales. Moreover, comparable-store sales (comps) decreased 3.5% in the first-quarter of fiscal 2017, compared with a decline of 0.4% in the prior-year quarter.
Comps also declined in the fourth and third quarter of fiscal 2016, by 0.7% and 0.8%, respectively. In fiscal 2017, the company anticipates comps to be in the range of down 1% to up 1%.
Moreover, J. C. Penney continues to struggle with high-debt levels. At the end of the reported quarter, total long-term debt was $4,066 million, reflecting a debt-to-capitalization ratio of 77.1%.
Can the Stock Revive?
However, the company's shares have declined a meager 0.4% in the past month, which is an indication of possible recovery if the company continues to implement effective strategies.
In an effort to better align stores with its omni channel network and utilize capital resources in locations where it has ample opportunity, J. C. Penney had earlier announced strategic initiatives, wherein it will shut down two distribution facilities as well as nearly 130-140 stores. The closure of stores, which represents nearly 13-14% of store portfolio, is likely to hurt total annual sales by less than 5%. These stores were not only reporting dismal comps in comparison with the remaining store base but were also being operated at higher cost. The company expects annual saving of nearly $200 million from the store closure program.
Further, the Zacks Rank #3 (Hold) company has taken up several strategic initiatives to drive traffic. The company, in a bid to enhance customer shopping experience, has been focusing on remodeling, renovating and refurbishing stores with special focus on enhancing high-margin center core department that houses handbags, fashion accessories, sunglasses and fashion jewelry.
The in-store Sephora departments continue to outperform by drawing more customers. During fiscal 2016, the company opened 61 Sephora stores. At the end of first-quarter fiscal 2017, the total count of Sephora locations inside J. C. Penney was 577 stores. Sephora is doing exceptionally well and is one of the best performing categories. Since Sephora is part of J. C. Penney's long-term growth strategy, the company not only intends to add more stores but has also started selling Sephora products online. Evidently, the company plans to open 70 Sephora locations in the fiscal 2017.
Stocks to Consider
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the preceding four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the last four quarters, with an average of 36.6%.
Zacks' Hidden Trades
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. The company, in a bid to enhance customer shopping experience, has been focusing on remodeling, renovating and refurbishing stores with special focus on enhancing high-margin center core department that houses handbags, fashion accessories, sunglasses and fashion jewelry.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . The impact of challenging retail landscape, stiff competition from online retailers and waning store traffic is clearly evident from J. C. Penney Company, Inc.'s JCP share performance that have underperformed the industry in the past six months.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Since Sephora is part of J. C. Penney's long-term growth strategy, the company not only intends to add more stores but has also started selling Sephora products online.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. Comps also declined in the fourth and third quarter of fiscal 2016, by 0.7% and 0.8%, respectively.
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d7a2649b-6dac-445b-913e-6d1a61f3460e
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9156.0
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2017-06-19 00:00:00 UTC
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February 2018 Options Now Available For Aaron's (AAN)
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AAN
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https://www.nasdaq.com/articles/february-2018-options-now-available-aarons-aan-2017-06-19
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nan
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nan
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Investors in Aaron's Inc (Symbol: AAN) saw new options begin trading today, for the February 2018 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the AAN options chain for the new February 2018 contracts and identified one put and one call contract of particular interest.
The put contract at the $37.0 strike price has a current bid of $3.00. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $37.0, but will also collect the premium, putting the cost basis of the shares at $34.00 (before broker commissions). To an investor already interested in purchasing shares of AAN, that could represent an attractive alternative to paying $38.91/share today.
Because the $37.0 strike represents an approximate 5% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 63%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 8.11% return on the cash commitment, or 12.23% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for Aaron's Inc, and highlighting in green where the $37.0 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $40.0 strike price has a current bid of $3.50. If an investor was to purchase shares of AAN stock at the current price level of $38.91/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $40.0. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 11.80% if the stock gets called away at the February 2018 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if AAN shares really soar, which is why looking at the trailing twelve month trading history for Aaron's Inc, as well as studying the business fundamentals becomes important. Below is a chart showing AAN's trailing twelve month trading history, with the $40.0 strike highlighted in red:
Considering the fact that the $40.0 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 47%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 9.00% boost of extra return to the investor, or 13.56% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 36%, while the implied volatility in the call contract example is 35%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $38.91) to be 34%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Of course, a lot of upside could potentially be left on the table if AAN shares really soar, which is why looking at the trailing twelve month trading history for Aaron's Inc, as well as studying the business fundamentals becomes important. Below is a chart showing AAN's trailing twelve month trading history, with the $40.0 strike highlighted in red: Considering the fact that the $40.0 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Aaron's Inc (Symbol: AAN) saw new options begin trading today, for the February 2018 expiration.
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Below is a chart showing AAN's trailing twelve month trading history, with the $40.0 strike highlighted in red: Considering the fact that the $40.0 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Aaron's Inc (Symbol: AAN) saw new options begin trading today, for the February 2018 expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the AAN options chain for the new February 2018 contracts and identified one put and one call contract of particular interest.
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Below is a chart showing AAN's trailing twelve month trading history, with the $40.0 strike highlighted in red: Considering the fact that the $40.0 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Aaron's Inc (Symbol: AAN) saw new options begin trading today, for the February 2018 expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the AAN options chain for the new February 2018 contracts and identified one put and one call contract of particular interest.
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At Stock Options Channel , our YieldBoost formula has looked up and down the AAN options chain for the new February 2018 contracts and identified one put and one call contract of particular interest. Below is a chart showing AAN's trailing twelve month trading history, with the $40.0 strike highlighted in red: Considering the fact that the $40.0 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Aaron's Inc (Symbol: AAN) saw new options begin trading today, for the February 2018 expiration.
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02e7a94d-5076-4395-9f7d-732461931a8f
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9157.0
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2017-06-19 00:00:00 UTC
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Top Stock Picks for the Week of June 19th
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AAN
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https://www.nasdaq.com/articles/top-stock-picks-week-june-19th-2017-06-19
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nan
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nan
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Aaron's Inc. (AAN) is a lease-to-own retailer that sells furniture, electronics and appliances in brick and mortar stores and online. It's not only a Zacks Rank #1 (Strong Buy), but it has a Value and Growth Score of A. Shares are up 22% year-to-date, outperforming even some of the FANG stocks. But don't worry about it being "amazoned." It is well-positioned on the electronics side to continue to outperform as it leases big names like HP and Dell laptops and Samsung smartphones.
The Sherwin-Williams Company SHW is now the largest paint and coatings maker in the world thanks to its recent acquisition of Valspar. The combination gives Sherwin-Williams more global exposure, as international revenue will jump to 24% of the total from 16%. Founded in 1866, Sherwin-Williams has increased its dividend annually every year since 1979. It's a Zacks Rank #1 (Strong Buy) and has been consistently growing earnings over the last 5 years. The Valspar acquisition will be accretive to earnings this year. Shares are hitting new all-time highs in 2017 on optimism for the Valspar deal.
Is there further upside left in these two hot stocks? Find out in this week's video
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Sherwin-Williams Company (The) (SHW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Inc. (AAN) is a lease-to-own retailer that sells furniture, electronics and appliances in brick and mortar stores and online. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Sherwin-Williams Company (The) (SHW): Free Stock Analysis Report To read this article on Zacks.com click here. It is well-positioned on the electronics side to continue to outperform as it leases big names like HP and Dell laptops and Samsung smartphones.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Sherwin-Williams Company (The) (SHW): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. (AAN) is a lease-to-own retailer that sells furniture, electronics and appliances in brick and mortar stores and online. It's not only a Zacks Rank #1 (Strong Buy), but it has a Value and Growth Score of A.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Sherwin-Williams Company (The) (SHW): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. (AAN) is a lease-to-own retailer that sells furniture, electronics and appliances in brick and mortar stores and online. It's a Zacks Rank #1 (Strong Buy) and has been consistently growing earnings over the last 5 years.
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Aaron's Inc. (AAN) is a lease-to-own retailer that sells furniture, electronics and appliances in brick and mortar stores and online. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Sherwin-Williams Company (The) (SHW): Free Stock Analysis Report To read this article on Zacks.com click here. Shares are up 22% year-to-date, outperforming even some of the FANG stocks.
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d420f780-f25b-43ca-b08f-8d334d67fdf8
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9158.0
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2017-06-15 00:00:00 UTC
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Target (TGT) Raises Dividend to Boost Shareholder Value
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AAN
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https://www.nasdaq.com/articles/target-tgt-raises-dividend-to-boost-shareholder-value-2017-06-15
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nan
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nan
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Target Corp.TGT recently declared a 3.3% hike in its quarterly dividend. This Minneapolis, MN-based company raised quarterly dividend to 62 cents a share (or $2.48 annually) from the prior payout of 60 cents (or $2.40 annually). The increased dividend will be paid on Sep 10 to stockholders on record as of Aug 16, 2017.
The dividend yield, based on the new payout and the last closing market price, is approximately 4.3%. In Jun 2016, Target increased quarterly dividend by 7.1% to 60 cents (or $2.40 annually) from 56 cents a share (or $2.24 annually).
Target is an attractive option for both growth and income seeking investors. An income generating and dividend paying stock is always a preferred investment option. People looking for regular income from stocks are most likely to be inclined toward companies that have a track record of consistent and incremental dividend payments.
Dividend hikes not only enhance shareholder returns, but also raise the market value of the stock. In fact, companies often tend to attract new investors and retain the old ones through this strategy.
Target has been actively managing capital and returning much of its free cash through share repurchases and dividends. During the first quarter of fiscal 2017, Target repurchased shares worth $305 million and paid dividends of $332 million. The company invested about $500 million of capital in the quarter under review. Management plans to invest between $2-$2.5 billion of capital in fiscal 2017 and more than $7 billion in the next three years.
The shares of this Zacks Rank #2 (Buy) company has increased 6.1% in the past one month driven by better-than-expected performance in the first quarter of fiscal 2017 and strategic initiatives. On the other hand, the Zacks categorized Retail-Discount & Variety industry has increased 2.8%.
Target has undertaken several strategic initiatives to boost performance. The company intends to deploy resources to significantly develop its online platform as well as store facilities to make shopping more convenient for customers. With customers shifting rapidly to online, it was becoming increasingly important for the company to develop sturdy omni-channel facilities to remain in the business. Target also launched an international version of its website, reaching over 200 countries and territories so far.
Other Stocks to Consider
Other top-ranked stocks which also warrant a look in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the preceding four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the last four quarters, with an average of 36.6%.
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold...
By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Target Corporation (TGT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Other top-ranked stocks which also warrant a look in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. The shares of this Zacks Rank #2 (Buy) company has increased 6.1% in the past one month driven by better-than-expected performance in the first quarter of fiscal 2017 and strategic initiatives.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Other top-ranked stocks which also warrant a look in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . During the first quarter of fiscal 2017, Target repurchased shares worth $305 million and paid dividends of $332 million.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Other top-ranked stocks which also warrant a look in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . In Jun 2016, Target increased quarterly dividend by 7.1% to 60 cents (or $2.40 annually) from 56 cents a share (or $2.24 annually).
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Other Stocks to Consider Other top-ranked stocks which also warrant a look in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. During the first quarter of fiscal 2017, Target repurchased shares worth $305 million and paid dividends of $332 million.
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28a39dc0-2730-49fb-94a3-1ccc69e5f1af
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9159.0
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2017-06-14 00:00:00 UTC
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Tiffany (TIF) Up 49% in One Year, Can the Bull Run Continue?
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AAN
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https://www.nasdaq.com/articles/tiffany-tif-up-49-in-one-year-can-the-bull-run-continue-2017-06-14
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nan
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nan
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Tiffany & Co.TIF had a tremendous run in the past one year as the stock has returned 48.8%. In fact, the company's shares have outpaced the Zacks categorized Retail-Jewelry Stores industry, which has gained 13%. The company's omni-channel platform, store expansion plans, tapping of new markets and venturing into new revenue generating areas has facilitated it to outperform the industry. However, the company's dismal performance in Japan, Americas and Europe and currency fluctuations remain primary hindrances for the stock at the moment.
Hidden Catalyst
Tiffany is well positioned to augment its top-line and bottom-line performance in the long run by leveraging capital investments made in the last several years in distribution, manufacturing and diamond sourcing processes. The company is also looking at other revenue generating avenues, and this includes expansion of its watch business.
The company also intends to expand distribution network by adding stores in both new and existing markets. With about half of the total sales generated internationally, we believe that the company is well diversified from a regional perspective as well. The company's long-term objective is to attain ROA of at least 10% and ROE of at least 15%, as notified earlier.
The company is focused on opening smaller stores that offer selected collections of lower priced higher-margin product, which in turn boosts store productivity. Tiffany concentrates on improving sales per square foot through an increase in customer traffic and converting them into potential buyers by targeted advertising, ongoing sales training and customer-oriented initiatives.
Hurdles to Cross
Decline in sales in Americas and Europe has been a major concern for the company in the past few quarters. Sales in Americas and Europe have declined for five straight quarters now, with 3% drop recorded for each region in first-quarter fiscal 2017. Further, it reported 3%, 2%, 9% and again 9% decline in the fourth, third, second and first quarters of fiscal 2016, respectively. Maintaining the same chronological order we noted that sales in Europe declined 7%, 10%, 12% and 9%, respectively.
Tiffany generates a significant amount of net sales outside the U.S. Due to high exposure to international markets the company remains prone to currency fluctuations. The weakening of foreign currencies against the U.S. dollar may require the company to either raise prices or contract profit margins in locations outside of the country
Tiffany currently carry a Zacks rank #3 (Hold).
Stock to Consider
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the preceding four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the last four quarters, with an average of 36.6%.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Tiffany & Co. (TIF): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stock to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis Report To read this article on Zacks.com click here. Hidden Catalyst Tiffany is well positioned to augment its top-line and bottom-line performance in the long run by leveraging capital investments made in the last several years in distribution, manufacturing and diamond sourcing processes.
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Stock to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis Report To read this article on Zacks.com click here. Download this IPO Watch List today for free >> Want the latest recommendations from Zacks Investment Research?
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis Report To read this article on Zacks.com click here. Stock to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Hurdles to Cross Decline in sales in Americas and Europe has been a major concern for the company in the past few quarters.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis Report To read this article on Zacks.com click here. Stock to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . The company's omni-channel platform, store expansion plans, tapping of new markets and venturing into new revenue generating areas has facilitated it to outperform the industry.
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93d6ab84-593e-4182-a7b1-46e3393b2d9f
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9160.0
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2017-06-13 00:00:00 UTC
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L Brands (LB) Strategic Efforts Bode Well: Should You Hold?
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AAN
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https://www.nasdaq.com/articles/l-brands-lb-strategic-efforts-bode-well%3A-should-you-hold-2017-06-13
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nan
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nan
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L Brands, Inc.LB has been riding high on strategic initiatives and positive earnings surprise history. The company's shares have gained 7.3% in the past three months, outperforming the Zacks categorized Retail-Apparel/Shoe industry's decrease of 10.1%. However, declining gross margin, higher operating and interest expenses dismal top-line performance for the third straight quarter remain primary hindrances for the stock at the moment.
Hidden Catalyst
We believe that L Brands' sustained focus on cost containment, inventory management, merchandise, and speed-to-market initiatives has kept it afloat in a competitive environment. This is evident from its positive earnings surprise history. In the trailing seven quarters, it has outperformed the Zacks Consensus Estimate by an average of 8.6%.
L Brands continues to revamp business by improving store experience, localizing assortments and enhancing direct business. We believe these measures facilitate it to generate incremental sales and increase store transactions through higher conversion rate.
Following better-than-expected bottom-line, the company raised fiscal 2017 guidance. Management now projects earnings in the band of $3.10-$3.40 per share for fiscal 2017, up from the previous guidance of $3.05-$3.35. We believe that the company's operational efficiencies, together with its new and innovative collections, provided a boost to the sales. Further, the company's foray into international markets is likely to provide long-term growth opportunities and generate increased sales volumes.
Hurdles to Cross
Foreign currency headwinds along with higher operating and interest expenses might hurt its upcoming results. Further, it now foresees short-term challenges due its decision to exit the swimwear category, which according to analysts have failed to generate desired results. For the first quarter of fiscal 2017, the exit of the swim and apparel categories had an adverse impact of 6% and 9%, respectively to total company comps and Victoria's Secret comps. In fiscal 2016, the same had a negative impact of 6% and 9% to total company and Victoria's Secret comparable sales, respectively.
L Brands now anticipates comparable sales (excluding Victoria's Secret swim and apparel) in the second quarter to decline in the mid-single digit range.
Further, management anticipates gross margin to deteriorate year over year during the second quarter as well as fiscal 2017. In the first quarter of fiscal 2017, adjusted gross profit dropped 14% to $902.9 million, while gross margin contracted 320 basis points (bps) to 37.1% primarily due to buying and occupancy expenditure deleverage during the quarter. We noted that gross margin have contracted 230 bps, 190 bps, 180 bps and 170 bps in the fourth, third, second, and first quarters of fiscal 2016 to 43.3%, 39.7%, 38.5% and 40.3%, respectively.
L Brands currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
L Brands, Inc. (LB): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. However, declining gross margin, higher operating and interest expenses dismal top-line performance for the third straight quarter remain primary hindrances for the stock at the moment.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . However, declining gross margin, higher operating and interest expenses dismal top-line performance for the third straight quarter remain primary hindrances for the stock at the moment.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . In the first quarter of fiscal 2017, adjusted gross profit dropped 14% to $902.9 million, while gross margin contracted 320 basis points (bps) to 37.1% primarily due to buying and occupancy expenditure deleverage during the quarter.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Further, management anticipates gross margin to deteriorate year over year during the second quarter as well as fiscal 2017.
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82c75664-272e-4d89-9e82-2a1c68d307e6
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9161.0
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2017-06-13 00:00:00 UTC
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Deckers (DECK) Up Post-Earnings: Will Momentum Last?
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AAN
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https://www.nasdaq.com/articles/deckers-deck-up-post-earnings%3A-will-momentum-last-2017-06-13
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nan
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nan
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Deckers Outdoor Corporation 's DECK shares surged roughly 24% since the company released its fourth-quarter fiscal 2017 earnings results. Shares of this Zacks Rank #2 (Buy) company grew 17% in the past month outperforming the Zacks categorized Shoe & Retail Apparel industry's increase of 1.3%.
So what's driving this sturdy performance? Let's have a look into the company's recently reported fourth quarter results and its operational strategies, for gaining a deeper insight regarding this momentum.
Factors Impacting Performance
The stock's surge was primarily driven by solid fourth quarter performance. This footwear and apparel retailer surprised investors by posting profit in the final quarter. Earnings for the quarter came in at 11 cents per share that surpassed the Zacks Consensus Estimate of a loss of 6 cents and management's earlier projection of a break-even to a loss of 10 cents.
Deckers' cost containment efforts had led to this improved bottom-line performance. The top line came ahead of our estimates, after missing the same in the preceding two quarters.
Improved performance of the company was driven by its well-thought strategies that include targeting profitable markets, focusing on product innovations and store augmentation. Deckers' inclination towards expanding its brand assortments, targeting consumers digitally via marketing and sturdy eCommerce and optimizing omni-channel distribution bodes well.
The company's store fleet optimization plan focuses on striking the right balance between digital and physical stores. Deckers plans to close approximately 30 to 40 outlets over the next two years. By fiscal 2020, it expects a company-owned fleet of approximately 125 stores worldwide.
After ending fiscal 2017 on a high note, management expects cost savings of about $150 million on the back of improvement in cost of goods sold and SG&A savings, which includes consolidation of retail outlets and process improvement efficiencies. This will help realize $100 million operating profit improvement by fiscal 2020. Management anticipates total sales of about $2 billion with operating margin of 13% by fiscal 2020.
Despite a strong bottom line performance in the previous quarter, Deckers' top line continues to decline year over year and management now expects fiscal 2018 net sales to be flat to down 2%. The company's over-reliance on the UGG brand is a matter of concern and requires the company to undertake stringent efforts to strengthen its other brand.
Bottom Line
We believe that the company's strategic initiatives will propel the stock in the coming days. Influenced by strong fourth-quarter performance and its policies, the Zacks Consensus Estimate for the first quarter narrowed to a loss of $1.66 from $1.73. For fiscal 2018 the same improved by 31 cents to $4.08.
Deckers exhibits a VGM Score of "A" and has a long-term earnings growth rate of 9.8%, making us confident of the company's inherent strength.
Other Key Picks
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Improved performance of the company was driven by its well-thought strategies that include targeting profitable markets, focusing on product innovations and store augmentation.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Deckers Outdoor Corporation 's DECK shares surged roughly 24% since the company released its fourth-quarter fiscal 2017 earnings results.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Despite a strong bottom line performance in the previous quarter, Deckers' top line continues to decline year over year and management now expects fiscal 2018 net sales to be flat to down 2%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Despite a strong bottom line performance in the previous quarter, Deckers' top line continues to decline year over year and management now expects fiscal 2018 net sales to be flat to down 2%.
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dc74d216-e6f2-4404-b207-e6b07ee8599c
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9162.0
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2017-06-09 00:00:00 UTC
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Zacks.com featured highlights: Compania Cervecerias Unidas, Red Robin Gourmet Burgers, Aaron's, LG Display and TiVo
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-compania-cervecerias-unidas-red-robin-gourmet-burgers
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nan
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For Immediate Release
Chicago, IL - June 09, 2017 - Stocks in this week's article include Compania Cervecerias Unidas SA (NYSE: CCU - Free Report ), Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), LG Display Co. Ltd. (NYSE: LPL - Free Report ) and TiVo Corporation (NASDAQ: TIVO - Free Report ).
Screen of the Week of Zacks Investment Research:
Buy 5 Low Beta Stocks to Withstand a Volatile Market
Stocks with high risk will outperform the market when there is a bull run. But these securities can slide when the tide is moving in the opposite direction.
Risk-averse investors will obviously stay away from such stocks when the market is cloudy. With intensive research we have created a strategy that allows investors to spend money on securities with lower risk yet lucrative returns.
Meaning of Beta
Beta measures the volatility or risk of a particular asset in comparison to the market. In other words, beta measures the extent of a security's price movement relative to the market. In this article, we are considering the S&P 500 as the market.
If a stock has beta of 1 then the price of the stock will move with the market. So the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1.
For example, if the market offers a return of 20%, a stock with beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20% the stock will sink 60%, which is devastating.
Screening Criteria:
We have taken beta between 0 and 0.6 as our prime criterion for screening stocks that are less volatile than the market. But this should not be the only factor to be considered while selecting a winning strategy. We need to take into account other parameters that can add value to the portfolio.
Percentage Change in Price in the Last 4 Weeks greater than zero: This ensures that the stocks saw positive price movement over the last one month.
Average 20 Day Volume greater than 50,000: A substantial trading volume ensures that the stocks are easily tradable.
Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.
Zacks Rank equal to 1: Zacks Rank #1 (Strong Buy) stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months.
Here are five of the 15 stocks that qualified the screening:
Based in Santiago, Chile, Compania Cervecerias Unidas SA (NYSE: CCU - Free Report ) is a producer and seller of both alcoholic and non-alcoholic beer. For 2017, the company is expected to witness year-over-year earnings growth of almost 29%. Also, over the last 30 days, the Zacks Consensus Estimate for earnings for the firm's April to June quarter has been revised upward.
Headquartered in Greenwood Village, CO Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB - Free Report ) is the operator of both fast-casual and casual dining restaurants in the U.S. and Canada. The company beat the Zacks Consensus Estimate in two of the prior four quarters, with an average positive earnings surprise of 17.27%. Moreover, for 2017, the Zacks Consensus Estimate for earnings has been revised upward over the last 30 days.
The business of Aaron's, Inc. (NYSE: AAN - Free Report ) comprises specialty retailing of office and residential furniture. The firm managed to surpass the Zacks Consensus Estimate in all the prior four quarters with an average earnings beat of 10.55%. Also, Aaron's will likely see year-over-year earnings growth of almost 5%.
LG Display Co. Ltd. (NYSE: LPL - Free Report ) − headquartered in Seoul, South Korea − is the seller of thin-film transistor liquid crystal display panels all over the world. For 2017, the Zacks Consensus Estimate for earnings has been revised upward in the last 60 days. Also, the company's earnings will likely grow almost 85% during 2017.
Headquartered in San Carlos, CA, TiVo Corporation (NASDAQ: TIVO - Free Report ) is a provider of services like digital home entertainment. The company delivered an average positive earnings surprise of 67.56% in the prior four quarters. On top of that, for the current year, the Zacks Consensus Estimate for earnings has been revised upward over a period of 60 days.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report
Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
LG Display Co., Ltd. (LPL): Free Stock Analysis Report
TiVo Corporation (TIVO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - June 09, 2017 - Stocks in this week's article include Compania Cervecerias Unidas SA (NYSE: CCU - Free Report ), Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), LG Display Co. Ltd. (NYSE: LPL - Free Report ) and TiVo Corporation (NASDAQ: TIVO - Free Report ). The business of Aaron's, Inc. (NYSE: AAN - Free Report ) comprises specialty retailing of office and residential furniture. Get the full Report on CCU - FREE Get the full Report on RRGB - FREE Get the full Report on AAN - FREE Get the full Report on LPL - FREE Get the full Report on TIVO - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL - June 09, 2017 - Stocks in this week's article include Compania Cervecerias Unidas SA (NYSE: CCU - Free Report ), Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), LG Display Co. Ltd. (NYSE: LPL - Free Report ) and TiVo Corporation (NASDAQ: TIVO - Free Report ). Get the full Report on CCU - FREE Get the full Report on RRGB - FREE Get the full Report on AAN - FREE Get the full Report on LPL - FREE Get the full Report on TIVO - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report LG Display Co., Ltd. (LPL): Free Stock Analysis Report TiVo Corporation (TIVO): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - June 09, 2017 - Stocks in this week's article include Compania Cervecerias Unidas SA (NYSE: CCU - Free Report ), Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), LG Display Co. Ltd. (NYSE: LPL - Free Report ) and TiVo Corporation (NASDAQ: TIVO - Free Report ). Get the full Report on CCU - FREE Get the full Report on RRGB - FREE Get the full Report on AAN - FREE Get the full Report on LPL - FREE Get the full Report on TIVO - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report LG Display Co., Ltd. (LPL): Free Stock Analysis Report TiVo Corporation (TIVO): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - June 09, 2017 - Stocks in this week's article include Compania Cervecerias Unidas SA (NYSE: CCU - Free Report ), Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), LG Display Co. Ltd. (NYSE: LPL - Free Report ) and TiVo Corporation (NASDAQ: TIVO - Free Report ). The business of Aaron's, Inc. (NYSE: AAN - Free Report ) comprises specialty retailing of office and residential furniture. Get the full Report on CCU - FREE Get the full Report on RRGB - FREE Get the full Report on AAN - FREE Get the full Report on LPL - FREE Get the full Report on TIVO - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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e2ce9745-38b8-454e-bc73-cf37eda9d856
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9163.0
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2017-06-09 00:00:00 UTC
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Urban Outfitters Plunges 10% on Declining Q2 Comps Trend
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AAN
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https://www.nasdaq.com/articles/urban-outfitters-plunges-10-on-declining-q2-comps-trend-2017-06-09
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nan
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nan
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Shares of Urban Outfitters Inc.URBN fell nearly 10.3% yesterday after the company in a SEC filing unveiled that the comparable sales for the current quarter are deteriorating. So far in the second quarter of fiscal 2018, comparable retail segment net sales have declined by high-single digit.
This also led the shares to plummet to its eight year low. In fact, in the past six months the company's shares have declined 50.9%, wider than the Zacks categorized Retail-Apparel/ Shoe industry fall of 30.7%.
Investors are also concerned by management's remark over gross margin, which is anticipated to decline year over year in the second quarter fiscal of 2018 on account of rise in delivery and logistic expenses, higher markdowns and lower initial mark up.
In the first quarter of fiscal 2018, the company's gross margin contracted 284 basis points (bps) to approximately 31.5% primarily due to deleverage in customer delivery and logistics expense rates along with higher markdowns. This can be attributed to dismal performance of women's apparel and accessories product at Anthropologie and Urban Outfitters. We noted that, gross margin had contracted 142 bps and 15 bps in the fourth and third quarter of fiscal 2017 to 33% and 34.8%, respectively.
Let's look at Urban Outfitters earnings estimate revisions in order to get a clear picture of what analysts are thinking about the stock. In the past 30 days, the Zacks Consensus Estimate for the second quarter and fiscal 2018 declined 13 cents and 20 cents to 45 cents and $1.53, respectively.
Urban Outfitters currently carries a Zacks Rank #5 (Strong Sell).
Stocks to Consider
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Urban Outfitters, Inc. (URBN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Urban Outfitters Inc.URBN fell nearly 10.3% yesterday after the company in a SEC filing unveiled that the comparable sales for the current quarter are deteriorating.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . In the past 30 days, the Zacks Consensus Estimate for the second quarter and fiscal 2018 declined 13 cents and 20 cents to 45 cents and $1.53, respectively.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Investors are also concerned by management's remark over gross margin, which is anticipated to decline year over year in the second quarter fiscal of 2018 on account of rise in delivery and logistic expenses, higher markdowns and lower initial mark up.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Investors are also concerned by management's remark over gross margin, which is anticipated to decline year over year in the second quarter fiscal of 2018 on account of rise in delivery and logistic expenses, higher markdowns and lower initial mark up.
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6df9f324-c6fc-4dee-bdea-e941f7ec6000
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9164.0
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2017-06-08 00:00:00 UTC
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Lowe's (LOW) to Reduce Workforce for Third Time in 2017
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AAN
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https://www.nasdaq.com/articles/lowes-low-to-reduce-workforce-for-third-time-in-2017-2017-06-08
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nan
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nan
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Per media report, home improvement retailer, Lowe's Companies, Inc.LOW continues with retrenchment efforts as it is set to initiate the third lay-off in 2017. The company is all set to trim nearly 125 information technology employees. This action is being conducted by the company in order to improve overall efficiency to cater to customers' needs in a better way.
However, management is looking to relocate some of the jobs to India where the company has employee strength of roughly 1,000 in information and technology as well as analytics. Further, it will provide severance package, outplacement support and also conduct a job fair with local employers.
Earlier, the company had cut down 2,400 full-time workers in January and above 500 corporate jobs in February. These lay-off actions are taken by management to increase store productivity and competence, as Lowe's faces intense competition from the world's largest home improvement retailer, The Home Depot, Inc. HD and other home supply retailers.
Bottom Line
We observed that Lowe's shares have declined 9.4% in the past one month, underperforming the Zacks categorized Building Products-Retail/Wholesale industry's fall of 4%. Recent decline in share price was primarily due to lower-than-expected first-quarter fiscal 2017 results and trimmed guidance. The company now anticipates fiscal 2017 earnings to be approximately $4.30 per share, down from the previous estimate of $4.64 but up significantly from $3.99 posted in fiscal 2016. The decline in earnings guidance is due to loss on extinguishment of debt and lower interest expense.
However, we believe that an improving job scenario, gradual recovery in the housing market and merchandising initiatives bode well for Lowe's in the long run. Additionally, the Canadian business has been performing quite well. Moreover, the company has acquired former Target locations across Canada, in a bid to penetrate into the Canadian market further. Moreover, the buyout of RONA will help augment its position in the Canadian market.
Zacks rank & Other Stocks to Consider
Lowe's currently carries a Zacks Rank #3 (Hold). Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Both the stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Per media report, home improvement retailer, Lowe's Companies, Inc.LOW continues with retrenchment efforts as it is set to initiate the third lay-off in 2017.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Per media report, home improvement retailer, Lowe's Companies, Inc.LOW continues with retrenchment efforts as it is set to initiate the third lay-off in 2017.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Per media report, home improvement retailer, Lowe's Companies, Inc.LOW continues with retrenchment efforts as it is set to initiate the third lay-off in 2017.
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Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN and Best Buy Co., Inc. BBY . Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Per media report, home improvement retailer, Lowe's Companies, Inc.LOW continues with retrenchment efforts as it is set to initiate the third lay-off in 2017.
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4684e157-f2d1-43b6-81b2-7201e8de777b
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9165.0
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2017-06-07 00:00:00 UTC
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G-III Apparel (GIII) Gains on Narrower-than-Expected Q1 Loss
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AAN
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https://www.nasdaq.com/articles/g-iii-apparel-giii-gains-on-narrower-than-expected-q1-loss-2017-06-07
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nan
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nan
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Shares of G-III Apparel Group, Ltd.GIII advanced more than 15% after the company reported better-than-expected first-quarter fiscal 2018 results. Moreover, the company raised guidance for fiscal 2018 which buoyed investor sentiment. We believe robust results and optimistic view will provide cushion to the stock that has witnessed a decline of 47.8% in the past one year, compared with the Zacks categorized Textile-Apparel Manufacturing industry's fall of 21%.
G-III Apparel Group reported adjusted loss per share of 18 cents, narrower than the Zacks Consensus Estimate of loss of 37 cents. In the prior-year quarter, the company had reported adjusted earnings per share of 6 cents.
The company reported net sales of $529 million, beating the Zacks Consensus Estimate of $500 million. Notably, this is for the first time the company's sales surpassed the estimate after missing the same in the trailing five quarters. Moreover, the company's top-line increased 15.7% year over year primarily owing to robust performance of wholesale business which increased 18% year over year.
Sharp increase in wholesale business was primarily driven by rise in sales of Tommy Hilfiger license products and inclusion of nearly $40 million of net sales from fresh DKNY as well as Donna Karan product lines. Wholesale business witnessed a gain of 8% excluding the impact of the Donna, Calvin and DKNY brands. In fiscal 2018, the company anticipates wholesale business to increase nearly 18%.
Gross profit for the reported quarter increased 21.8% to $201.9 million, while gross margin expanded 200 basis points (bps) to 38.2%. The company reported operating loss of $5.4 million. In the year-ago quarter, it had reported operating income of $5.4 million.
Balance Sheet
G-III Apparel ended the quarter with cash balance of $67.1 million and stockholders' equity of approximately $1,016.1 million. The company had long-term debt of $493 million.
Guidance
Management raised fiscal 2018 and provided second-quarter guidance. For fiscal 2018, the company expects adjusted earnings per share in the range of $1.20-$1.30, sharply up from the earlier estimate of 99 cents and $1.09. The Zacks Consensus Estimate for fiscal 2018 is currently pegged at $1.02 and could witness upward revisions in the coming days.
The company provided net sales guidance of nearly $2.76 billion, up from the previous guidance of $2.73 billion. The company anticipates adjusted EBITDA in the range of $178-$186 million, compared with previous guided range of $162-$171 million. In the fiscal 2017, the company had reported adjusted EBITDA of $148.1 million.
For the second quarter, the company expects net sales of nearly $520 million compared with $442 million in the prior-year quarter. The company expects adjusted loss per share in the range of 24-34 cents. In the prior-year quarter, the company had reported earnings per share of a penny. The Zacks Consensus Estimate for the second quarter is currently pegged at a loss of 31 cents.
G-III Apparel Group, LTD. Price, Consensus and EPS Surprise
G-III Apparel Group, LTD. Price, Consensus and EPS Surprise | G-III Apparel Group, LTD. Quote
Zacks Rank & Stocks to Consider
G-III Apparel currently carries a Zacks Rank #4 (Sell). Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
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By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. We believe robust results and optimistic view will provide cushion to the stock that has witnessed a decline of 47.8% in the past one year, compared with the Zacks categorized Textile-Apparel Manufacturing industry's fall of 21%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . G-III Apparel Group reported adjusted loss per share of 18 cents, narrower than the Zacks Consensus Estimate of loss of 37 cents.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . The company reported net sales of $529 million, beating the Zacks Consensus Estimate of $500 million.
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Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report To read this article on Zacks.com click here. The company reported net sales of $529 million, beating the Zacks Consensus Estimate of $500 million.
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9d26619b-0ea6-458f-9fdb-94d13bd19f2f
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9166.0
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2017-06-07 00:00:00 UTC
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Conn's (CONN) Q1 Loss Narrower than Expected, Stock Tumbles
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AAN
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https://www.nasdaq.com/articles/conns-conn-q1-loss-narrower-than-expected-stock-tumbles-2017-06-07
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nan
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nan
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Shares of Conn's, Inc.CONN tumbled 9.1% yesterday, when the company posted a loss in first-quarter fiscal 2018. Also, the top line declined year over year, lagging our estimate. Nonetheless, the loss figure fared better than the year-ago period, as well as the Zacks Consensus Estimate. This marked Conn's fourth consecutive quarter of positive bottom-line surprise.
Incidentally, this positive surprise history has also helped this Zacks Rank #1 (Strong Buy) stock to surge a whopping 106.9% in the last one year, outperforming the Zacks categorized Retail-Consumer Electronics industry growth of 67.8%.
Q1 Highlights
The company recorded adjusted loss of 5 cents per share in the quarter, significantly narrower than the Zacks Consensus Estimate of a loss of 22 cents, as well as a loss of 31 cents reported in the same year-ago period. Including one-time items, the company posted a loss of 8 cents per share, compared with a loss of 32 cents in the year-ago quarter.
Conn's, Inc. Price, Consensus and EPS Surprise
Conn's, Inc. Price, Consensus and EPS Surprise | Conn's, Inc. Quote
Total revenue declined 8.6% year over year to $355.8 million and also fell short of the Zacks Consensus Estimate of $359 million.
Segment Discussion
Conn's offers consumer durable products in the U.S. under the Retail segment, including home appliances, furniture and mattresses, home office as well as consumer electronics. During the fiscal first quarter, the company witnessed a year-over-year sales decline across all these categories, apart from Home appliance.
The Retail segment's total revenue decreased 12.3% to $279.3 million, mainly due to lower comps, partly offset by the introduction of new stores. Also, sales were adversely affected by soft consumer patterns, underwriting changes made in fiscal 2017, delay in tax refunds and absence of an extra day from the leap year. Comps for the reported quarter declined 15.2%.
Gross margin at the segment expanded 260 basis points (bps), on the back of favorable mix, along with reduced warehouse, transportation and delivery expenses. Moreover, adjusted operating profit at the Retail segment came in at $33.2 million, down 2.9% year over year. However, the adjusted operating margin expanded 120 bps to 11.9%, backed by improved gross margin and a fall in retail SG&A expenses.
Revenues from the company's Credit segment advanced 9.1% to $76.5 million in the quarter. This was driven by the company's higher-yield direct loan product. This led to a 240 bps expansion in the portfolio yield rate to 18.2%, in the quarter. This was partially negated by a 3.1% drop in average balance of customer receivables. At quarter end, total customer portfolio balance slid 3.9% year over year to $1.5 billion.
During the quarter, the company's provision for bad debts decreased by $2.1 million to $55.7 million. This was led by a marginal improvement noted in the allowance for bad debt, somewhat offset by higher net charge-offs.
Liquidity Position
As of Apr 30, 2017, the company had cash and cash equivalents of nearly $112.8 million, long-term debt and capital lease obligations of $1,206.5 million, and total shareholders' equity of approximately $517 million.
Borrowings outstanding under Conn's revolving credit facility, as of Apr 30, 2017, were $128.8 million. The company also had $112.8 million free cash available for use.
Store Update
So far, in fiscal 2018, Conn's introduced three new Conn's HomePlus store in North Carolina, raising the company's total store count to 116. The company doesn't have any openings planned for fiscal 2018.
Guidance
Management remained impressed with its first quarter operating performance. Also, the company's credit business is progressing well. In this regard, the company had recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Management revealed that the implementation of this deal was done ahead of plan, and Progressive's solutions were available across all Conn's locations, before the Memorial Day holiday.
The company, which has been gaining from its differentiated business strategy, remains focused on enhancing its operational and financial results, with hopes to revert to full-year profitability this year.
For second-quarter fiscal 2018, the company expects comps to decrease in a range of 12-15%. Further, retail gross margin is anticipated between 37.75-38.25%, and SG&A expenses, as a percentage of total revenues, in the range of 30.5-32%.
Conn's also projects the provision for bad debts to be in the band of $52-$56 million. Also, other revenues and credit segment finance charges are estimated between $78-$82 million. Interest expenses are anticipated in the range of $20.5-$22.5 million.
Other Stocks to Consider
Other stocks in the retail sector worth considering include Best Buy Co., Inc. BBY and Target Corporation TGT .
Best Buy, with long-term earnings growth rate of 11.8%, has a splendid earnings surprise history. Also, the stock sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Target carries a Zacks Rank #2, and has long-term earnings growth rate of 8.2%.
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold…
By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Target Corporation (TGT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In this regard, the company had recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Also, sales were adversely affected by soft consumer patterns, underwriting changes made in fiscal 2017, delay in tax refunds and absence of an extra day from the leap year.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. In this regard, the company had recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Conn's, Inc. Price, Consensus and EPS Surprise Conn's, Inc. Price, Consensus and EPS Surprise | Conn's, Inc. Quote Total revenue declined 8.6% year over year to $355.8 million and also fell short of the Zacks Consensus Estimate of $359 million.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. In this regard, the company had recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Q1 Highlights The company recorded adjusted loss of 5 cents per share in the quarter, significantly narrower than the Zacks Consensus Estimate of a loss of 22 cents, as well as a loss of 31 cents reported in the same year-ago period.
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In this regard, the company had recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Conn's, Inc. Price, Consensus and EPS Surprise Conn's, Inc. Price, Consensus and EPS Surprise | Conn's, Inc. Quote Total revenue declined 8.6% year over year to $355.8 million and also fell short of the Zacks Consensus Estimate of $359 million.
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ed4e3208-82db-4353-bfdf-0d66bc62fec4
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9167.0
|
2017-06-07 00:00:00 UTC
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Urban Outfitters' Fall Continues: What's Hurting the Stock?
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AAN
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https://www.nasdaq.com/articles/urban-outfitters-fall-continues%3A-whats-hurting-the-stock-2017-06-07
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nan
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nan
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Are you still holding shares of Urban Outfitters, Inc.URBN and waiting for a miracle to take the stock higher in the near term? If yes, then you might lose more money as chances are very slim that the stock, which lost its value by 48.5% in the past six months, will take a U-turn in the near term. Meanwhile, the Zacks categorized Retail-Apparel/ Shoe industry declined 33.6%. Let's delve deeper and try to find out what is taking the stock down the hill.
Ever since this Zacks Rank #5 (Strong Sell) company reported weaker-than-expected first-quarter fiscal 2018 results on May 16, the shares have declined more than 11%. Moreover, Urban Outfitters' earnings missed the Zacks Consensus Estimate for the third consecutive quarter while its revenues missed the estimate for the fourth straight quarter.
Investors are also concerned by management's remark over gross margin, which is anticipated to decline year over year in second-quarter fiscal 2018 on account of rise in delivery and logistic expenses, higher markdowns and lower initial mark up.
In first-quarter fiscal 2018, the company's gross margin contracted 284 basis points (bps) to approximately 31.5% primarily due to deleverage in customer delivery and logistics expense rates along with higher markdowns due to dismal performance of women's apparel and accessories product at Anthropologie and Urban Outfitters. We noted that, gross margin had contracted 142 bps and 15 bps in the fourth and third quarter of fiscal 2017 to 33% and 34.8%, respectively.
Let's look at Urban Outfitters earnings estimate revisions in order to get a clear picture of what analysts are thinking about the stock. In the past 30 days, the Zacks Consensus Estimate for the second quarter and fiscal 2018 declined 13 cents and 21 cents to 45 cents and $1.53, respectively.
Stocks to Consider
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Urban Outfitters, Inc. (URBN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Ever since this Zacks Rank #5 (Strong Sell) company reported weaker-than-expected first-quarter fiscal 2018 results on May 16, the shares have declined more than 11%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Moreover, Urban Outfitters' earnings missed the Zacks Consensus Estimate for the third consecutive quarter while its revenues missed the estimate for the fourth straight quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Moreover, Urban Outfitters' earnings missed the Zacks Consensus Estimate for the third consecutive quarter while its revenues missed the estimate for the fourth straight quarter.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Are you still holding shares of Urban Outfitters, Inc.URBN and waiting for a miracle to take the stock higher in the near term?
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94c8ad06-21e6-45d7-969e-1ae830b703fe
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9168.0
|
2017-06-06 00:00:00 UTC
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GameStop Down Despite Q1 Earnings Beat: What's the Catch?
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AAN
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https://www.nasdaq.com/articles/gamestop-down-despite-q1-earnings-beat%3A-whats-the-catch-2017-06-06
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nan
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nan
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Hopes of revival in GameStop Corp.GME shares were dashed further after its shares showed no signs of recovery despite delivering better-than-expected results in first-quarter fiscal 2017. Ever since, the company reported earnings on May 25, the stock has declined nearly 5%. In fact, in the past one year the company's shares have declined 21%, underperforming the Zacks categorized Retail-Consumer Electronic industry's whooping gain of 63.4%.
GameStop continued with positive earnings surprise streak for the sixth straight quarter. What came as a big surprise is that its top-line came ahead of the estimate after missing the same in the preceding three quarters.
What's Hurting the Stock?
Despite reporting better-than-expected results, the company kept the outlook unchanged which is a cause of worry for investors. This can be attributed to delay in launch of "Red Dead Redemption: 2" and less visibility for the demand of Nintendo Switch for the entire year. GameStop doesn't expect "Red Dead Redemption: 2" to be launched this fiscal year. The company continues to anticipate fiscal 2017 comps to be in the range of flat to down 5%. For the fiscal year, management also reiterated earnings forecast of $3.10-$3.40 per share.
Further, GameStop's basic concern is the weakness prevailing in new software sales, which is heightening apprehensions about the impact of digital downloads on the same. New software sales witnessed 8.2% decline in first-quarter fiscal 2017. During fourth-quarter fiscal 2016 conference call, the company stated that it expects new software sales to decline mid-single digits in fiscal 2017.
Can Technology Brands & Collectibles Revive the Stock?
Both Technology Brands & Collectibles Business are growing at a very rapid speed. During the fiscal first quarter, the collectibles business sales surged 39.1% to $114.5 million buoyed by robust sales of Pokémon-related products. The company added nine Collectibles stores during the quarter, taking the total count to 95 stores. Meanwhile, Technology Brands sales jumped 21.5% to $201.4 million driven by year-over-year growth in AT&T authorized retail stores.
Management anticipates sturdy performance of Technology Brands and Collectibles to continue in fiscal 2017. Management also anticipates Technology Brands' operating earnings to rise over 30% to $120 million during fiscal 2017 and to be $200 million in fiscal 2019. During fourth-quarter fiscal 2016 conference call, the company stated that it expects Technology Brands sales to increase 10-16% in fiscal 2017.
GameStop expects to enhance collectibles business approximately $650-$700 million during fiscal 2017 and anticipates becoming a $1 billion business by the end of fiscal 2019. In the second quarter, Collectibles sales are forecasted to increase by 35-40%. The company remains optimistic about non-physical gaming businesses and expects this category to reach approximately 50% of operating earnings by the end of fiscal 2019.
Conclusion
Dismal New software sales, delay in launch of "Red Dead Redemption: 2" and less visibility for the demand of Nintendo Switch for the entire year are no doubt a major cause of worry for investors right now. However, robust performance of both Technology Brands and Collectibles along with management's optimistic view about both these segments may help in offsetting the laggards.
GameStop currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Gamestop Corporation (GME): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, in the past one year the company's shares have declined 21%, underperforming the Zacks categorized Retail-Consumer Electronic industry's whooping gain of 63.4%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . During fourth-quarter fiscal 2016 conference call, the company stated that it expects Technology Brands sales to increase 10-16% in fiscal 2017.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . During fourth-quarter fiscal 2016 conference call, the company stated that it expects Technology Brands sales to increase 10-16% in fiscal 2017.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report To read this article on Zacks.com click here. Ever since, the company reported earnings on May 25, the stock has declined nearly 5%.
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26613ee4-5e5d-4c39-86aa-e935d314d404
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9169.0
|
2017-06-06 00:00:00 UTC
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Rent-A-Center Up 50% in 3 Months, Is Stock Still Unexhausted
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AAN
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https://www.nasdaq.com/articles/rent-a-center-up-50-in-3-months-is-stock-still-unexhausted-2017-06-06
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nan
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nan
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Rent-A-Center, Inc.RCII strategic plan to bring itself back on growth trajectory has been well perceived by investors, evident from the stock's gain of 48.8% in the last three months. In fact, the stock has outperformed the Zacks categorized Consumer Services - Miscellaneous industry's increase of 20.1%. Rent-A-Center is concentrating on a new labor model, supply chain initiative and productivity enhancements.
Hidden catalysts
Management has undertaken initiatives to strengthen the performance of its Core U.S. segment. In an attempt to augment cash flow generation from Core U.S. business, the company is focusing on rates, terms and purchase options that are much more aligned with the customer's needs. The company is also optimizing product mix, increasing the average ticket price, upgrading workforce, concentrating on lowering delinquency rates and rationalizing existing stores as well as contemplating on new ones.
The company's new business model called Acceptance Now is gaining traction. Management is focusing on optimizing strategic retail partnerships in order to enhance service and profitability, centralizing account management to tackle operations more effectively and executing risk assessment polices across all locations.
Rent-A-Center is investing in enhancing omni-channel platform so that customers can experience a seamless approach across channels, markets, retailers, products and brands. The company is increasing e-commerce offerings and mobile applications, and leveraging cloud-based point-of-sale platform to manage orders more efficiently, lower losses and cut operating costs.
Hurdles to Overcome
Decline in the top line as well as bottom line in the past five quarters has been a cause of worry for investor. In first-quarter 2017, adjusted earnings of 4 cents per share fell substantially from 48 cents delivered in the year-ago period. Total revenue of $742 million declined 11.2% year over year and also came below the Zacks Consensus Estimate of $744 million, thus marking the seventh straight quarter of sales miss. Total revenue tumbled due to decline witnessed across the Core U.S., Mexico and Franchising segments, partially mitigated by growth registered at Acceptance Now segment.
Further, the Zacks Rank #3 (Hold) company faces intense competition from national chains as well as regional rent-to-own businesses. Furthermore, Rent-A-Center also competes with mass merchandisers and traditional consumer electronics chains such as Wal-Mart and Best Buy. This may dent the company's sales and margins.
Conclusion
Management believes that if strategic growth endeavors are well executed it will help attain revenue growth of low-single digits in 2018 and mid-single digits in 2019. The company envisions earnings in the band of $1.20-$1.40 per share for 2018 and between $2.00 and $2.25 for 2019.
Stocks to Consider
Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . All these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's has reported better-than-expected earnings in the trailing four quarters, with an average beat of 10.6%.
Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
The Children's Place has reported earnings beat in the trailing four quarters, with an average of 36.6%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rent-A-Center Inc. (RCII): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. In an attempt to augment cash flow generation from Core U.S. business, the company is focusing on rates, terms and purchase options that are much more aligned with the customer's needs.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Management is focusing on optimizing strategic retail partnerships in order to enhance service and profitability, centralizing account management to tackle operations more effectively and executing risk assessment polices across all locations.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Best Buy has an impressive long-term earnings growth rate of 11.8% and has also surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average earnings beat of 33.8%.
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Stocks to Consider Better-ranked stocks worth considering in the retail space include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE . Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center is concentrating on a new labor model, supply chain initiative and productivity enhancements.
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33a50bfa-9b84-4144-9243-c9c55b980468
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9170.0
|
2017-06-02 00:00:00 UTC
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Top Ranked Value Stocks to Buy for June 2nd
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AAN
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https://www.nasdaq.com/articles/top-ranked-value-stocks-to-buy-for-june-2nd-2017-06-02
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong value characteristics for investors to consider today, June 2 nd :
Big 5 Sporting Goods Corporation (BGFV) : This sporting goods retailer has seen the Zacks Consensus Estimate for its current year earnings soaring 16.8% over the last 60 days.
Big 5 Sporting Goods Corporation Price and Consensus
Big 5 Sporting Goods Corporation Price and Consensus | Big 5 Sporting Goods Corporation Quote
Big 5 Sporting Goods has a price-to-earnings ratio (P/E) of 11.58, compared with 16.2 for the industry. The company possess a Value Score of A.
Children's Place, Inc. (The) Price and Consensus | Children's Place, Inc. (The) Quote
Children's Place has a price-to-earnings ratio (P/E) of 14.9, compared with 18.5 for the S&P 500 index. The company possess a Value Score of B.
Rocky Brands, Inc. Price and Consensus | Rocky Brands, Inc. Quote
Rocky Brands' has a price-to-earnings ratio (P/E) of 15.49, compared with 15.60 for the industry. The company possesses a Value Score of A.
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
Aaron's has a price-to-earnings ratio (P/E) of 15.13, compared with 27.3 for the industry. The company possess a Value Score of A.
See the full list of top ranked stocks here
Learn more about the Value score and how it is calculated here
Want to see all of today's Zacks Strong Buys?
You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks free >> .
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rocky Brands, Inc. (RCKY): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Click to get this free report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong value characteristics for investors to consider today, June 2 nd : Big 5 Sporting Goods Corporation (BGFV) : This sporting goods retailer has seen the Zacks Consensus Estimate for its current year earnings soaring 16.8% over the last 60 days. See the full list of top ranked stocks here Learn more about the Value score and how it is calculated here Want to see all of today's Zacks Strong Buys?
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Click to get this free report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Big 5 Sporting Goods Corporation Price and Consensus Big 5 Sporting Goods Corporation Price and Consensus | Big 5 Sporting Goods Corporation Quote Big 5 Sporting Goods has a price-to-earnings ratio (P/E) of 11.58, compared with 16.2 for the industry. Rocky Brands, Inc. Price and Consensus | Rocky Brands, Inc. Quote Rocky Brands' has a price-to-earnings ratio (P/E) of 15.49, compared with 15.60 for the industry.
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Click to get this free report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong value characteristics for investors to consider today, June 2 nd : Big 5 Sporting Goods Corporation (BGFV) : This sporting goods retailer has seen the Zacks Consensus Estimate for its current year earnings soaring 16.8% over the last 60 days. Big 5 Sporting Goods Corporation Price and Consensus Big 5 Sporting Goods Corporation Price and Consensus | Big 5 Sporting Goods Corporation Quote Big 5 Sporting Goods has a price-to-earnings ratio (P/E) of 11.58, compared with 16.2 for the industry.
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Click to get this free report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Value Score of A. Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote Aaron's has a price-to-earnings ratio (P/E) of 15.13, compared with 27.3 for the industry. See the full list of top ranked stocks here Learn more about the Value score and how it is calculated here Want to see all of today's Zacks Strong Buys?
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9c363ba9-902d-4986-9835-d1bc7ab6e2a3
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9171.0
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2017-06-02 00:00:00 UTC
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New Month Brings New Highs and New Buys
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AAN
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https://www.nasdaq.com/articles/new-month-brings-new-highs-and-new-buys-2017-06-02
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nan
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nan
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The June episode of the Zacks Ultimate Strategy Session will be available for viewing next Wednesday, June 7th. Steve Reitmeister, Kevin Matras, Sheraz Mian, Tracey Ryniec and Eric Dutram will cover the investment landscape from most every angle in this "must-see-TV" event.
But remember, we need your input to make next week's new Zacks Ultimate Strategy Session episode the best it can be. There are two ways you can participate:
1) Reity's Mailbag: Steve Reitmeister will answer your questions ranging from current market conditions, general investing wisdom, usage of the Zacks Rank or any resources of Zacks.com and more. Pretty much anything goes.
2) Portfolio Makeover: Kevin Matras and Sheraz Mian will review a customer portfolio to give feedback for improvement. No need to send us personal information such as dollar value of holdings. Simply email us with all of the tickers you own.
Just make sure to email your submissions for either one, or both, no later than 1:00 p.m. ET on Friday, June 2. Email now to mailbag@zacks.com.
Then log on to Zacks.com and bookmark this page.
The editors didn't have much to work with in the first two trading days of this short week, but that all changed on Thursday. The ADP employment report blew past expectations by more than 40% as over 250,000 jobs were created last month, which cleared the way for a trifecta of new highs and reinvigorated the portfolios. A solid ISM Manufacturing report also helped.
The S&P jumped 0.76% on Thursday to 2430, while the Dow increased 0.65% to 21144.2 and the NASDAQ advanced 0.78% to 6246.8. All were record closes heading into tomorrow's Government Employment Situation report. What a great way to start a new month!
The portfolios sprung back into action in the session, with double-digit winners coming from Insider Trader and Large-Cap Trader . We saw buys from both of those portfolios as well, along with Reitmeister Trading Alert , Zacks Counterstrike , Momentum Trader and TAZR Trader . Let's get right to the action.
Today's Portfolio Highlights:
Insider Trader: With KeyCorp (KEY) rebounding today, Tracey saw a great opportunity to part ways with this weakened bank. But there's nothing weak about its return. She sold KEY on Thursday for a gain of more than 60%. The editor loves the banks for the long term, which is why the portfolio is still holding onto two other stocks from the space.
Do you know which space Tracey also likes right now? Beauty retailers…especially if they're in the process of recovering from previous struggles. Sally Beauty (SBH) was added last week, and today she added Coty (COTY) with a 10% allocation. This beauty conglomerate is in the midst of a turnaround as they are repositioning brands like CoverGirl and Max Factor. The Chief Legal Officer and the President of Coty Luxury are feeling pretty good about the plans, as they both picked up shares last week. Several other insiders bought in February and March as well. Read the full commentary for more.
Large-Cap Trader: John previously said that he was taking some profits on Thursday…and he wasn't kidding! With summer rotations on the horizon, he sold KLA - Tencor (KLAC) and Seagate Tech (STX) today for solid gains of 39.9% and 25.6%, respectively. Regeneron Pharma (REGN) was also sold for a 6% profit. The editor still really likes all these names and may get back into them in the future, but this is a good time to take some profits from the high flyers.
At the same time though, it's also a good idea to add companies that will be on the beneficial side of any rotation. YY Inc. (YY) has momentum, valuation and growth, so it could have a good summer. John wants to get "the Facebook of Mainland China" up to a standard allocation, so he started today by adding 2% to the original May 24th position. He'll be adding another 2% in a week or two. Read more in the full write-up.
Reitmeister Trading Alert: If Aaron's (AAN) was just an electronics retailer, then there would be nothing wrong with that since it has a high Zacks Industry Rank. But this company also has a large financing arm that works with many other retailers, and it is this other part of AAN that provided a lot of the fuel for its recent earnings report. Since Steve is such a fan of the U.S. consumer, he sees a lot of potential for this Zacks Rank #1 with a Zacks VGM Score of A. He added it to the portfolio today with a 6.8% allocation with expectations of it easily getting past $40 and maybe even $50 by year's end. Learn more in the complete commentary.
Zacks Counterstrike: Chinese social-networking stocks are hot right now, so Jeremy jumped at the chance to add Momo (MOMO) on Thursday after high-frequency traders dragged the stock to the high $30s despite a strong report. This Zacks Rank #1 slipped all the way into a bullish setup that could catapult the stock past $50. Before that happens, the editor bought a 12% allocation in the name. The complete commentary has a lot more on this new pick.
Momentum Trader: Have you ever looked at stock and wondered to yourself: "Why don't I own this?!?" Dave has been thinking just that about Applied Materials (AMAT) for a while now. He's been waiting for this chip equipment company to put in a meaningful pullback…but he's not waiting anymore. The editor put all proceeds from the sale of VECO and the portfolio's remaining cash into an AMAT position on Thursday. Get more specifics in the full write-up.
TAZR Trader : Just yesterday, the portfolio sold Analog Devices (ADI) for a double-digit profit because Kevin didn't like the stock's reaction to a strong quarter and outlook. On further examination though, it appears the market may be reading too much into the "sub-seasonal" description for Q3. After reading the investment bank reports and watching the stock's price targets go up, the editor decided to jump right back into ADI with a 7% allocation. Read the complete commentary for more on this move, including Kevin's review of the analyst conclusions on the possible loss of Apple business.
Until Tomorrow,
Jim Giaquinto Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Reitmeister Trading Alert: If Aaron's (AAN) was just an electronics retailer, then there would be nothing wrong with that since it has a high Zacks Industry Rank. But this company also has a large financing arm that works with many other retailers, and it is this other part of AAN that provided a lot of the fuel for its recent earnings report. Steve Reitmeister, Kevin Matras, Sheraz Mian, Tracey Ryniec and Eric Dutram will cover the investment landscape from most every angle in this "must-see-TV" event.
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Reitmeister Trading Alert: If Aaron's (AAN) was just an electronics retailer, then there would be nothing wrong with that since it has a high Zacks Industry Rank. But this company also has a large financing arm that works with many other retailers, and it is this other part of AAN that provided a lot of the fuel for its recent earnings report. Steve Reitmeister, Kevin Matras, Sheraz Mian, Tracey Ryniec and Eric Dutram will cover the investment landscape from most every angle in this "must-see-TV" event.
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Reitmeister Trading Alert: If Aaron's (AAN) was just an electronics retailer, then there would be nothing wrong with that since it has a high Zacks Industry Rank. But this company also has a large financing arm that works with many other retailers, and it is this other part of AAN that provided a lot of the fuel for its recent earnings report. We saw buys from both of those portfolios as well, along with Reitmeister Trading Alert , Zacks Counterstrike , Momentum Trader and TAZR Trader .
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Reitmeister Trading Alert: If Aaron's (AAN) was just an electronics retailer, then there would be nothing wrong with that since it has a high Zacks Industry Rank. But this company also has a large financing arm that works with many other retailers, and it is this other part of AAN that provided a lot of the fuel for its recent earnings report. The portfolios sprung back into action in the session, with double-digit winners coming from Insider Trader and Large-Cap Trader .
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6ab266d7-30f9-4795-a449-971bca622dfe
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9172.0
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2017-05-26 00:00:00 UTC
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Zacks.com featured highlights: WellCare Health Plans, Aaron's, FreightCar America, Chemours and Renewable Energy Group
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-wellcare-health-plans-aarons-freightcar-america-chemours
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For Immediate Release
Chicago, IL - May 26, 2017 - Stocks in this week's article include WellCare Health Plans, Inc. (NYSE: WCG - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ), FreightCar America, Inc. (NASDAQ: RAIL - Free Report ), Chemours Company (NYSE: CC - Free Report ) and Renewable Energy Group, Inc. (NASDAQ: REGI - Free Report ).
Screen of the Week of Zacks Investment Research:
5 Stocks with Upgraded Broker Ratings to Buy Right Now
Choosing stocks from the vast investment universe is not an easy task. For this, you need to understand the fundamentals of every company and try to place them against the present economic background to figure out how it fares as an investment.
One way to carry out this task is to follow broker recommendation. Brokers have insight into what's happening at a particular company as they directly communicate with management. Further, they have a deeper understanding of the overall industry.
Precisely, brokers go through a company's publicly available financial statements, listen to conference calls and engage in talks directly with the top brass. At times, they even talk to customers to gauge what they like or dislike about the products and services offered by the company.
Therefore, after thorough research, brokers decide to rate a particular company's stock. Naturally, when an analyst upgrades a stock, you can easily rely on it.
Nonetheless, solely depending on analysts' upgrades is not the correct way to build your investment portfolio. You should also take into consideration other factors to ensure solid returns.
Picking the Winning Strategy
We have a screening strategy that will help in your search for potential winners:
Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker rating upgrades over the last four weeks.
Current Price greater than 5: The stocks must be trading above $5.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success. You can see the complete list of today's Zacks #1 Rank stocks here .
VGM Score equal to A: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the six stocks that made it through the screen:
Headquartered in Tampa, FL, WellCare Health Plans, Inc. (NYSE: WCG - Free Report ) offers managed care services for government-sponsored health care programs. The company boasts a strong surprise history, with a trailing four-quarter average beat of 59.2%. The stock witnessed 2.9% upward revisions in broker ratings over the past four weeks.
Atlanta, GA based Aaron's Inc. (NYSE: AAN - Free Report ) operates as an omnichannel provider of lease-purchase solutions. Over the trailing four quarters, the company delivered an average positive surprise of 10.6%. The stock witnessed 4.8% upward revision in broker ratings over the past four weeks.
FreightCar America, Inc. (NASDAQ: RAIL - Free Report ), headquartered in Chicago, IL, designs, manufactures, and sells railcars for the transportation of bulk commodities and containerized freight products. Over the trailing four quarters, the company delivered an average positive surprise of 50.7%. The stock witnessed 13.3% upward revision in broker ratings over the past four weeks.
Headquartered in Wilmington, DE, The Chemours Company (NYSE: CC - Free Report ) provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company boasts a strong surprise history, with a trailing four-quarter average beat of 39.8%. The stock witnessed 10% upward revisions in broker ratings over the past four weeks.
Ames, IA-based Renewable Energy Group, Inc. (NASDAQ: REGI - Free Report ) produces and sells biofuels and renewable chemicals. Over the trailing four quarters, the company delivered an average positive surprise of 13.4%. The stock witnessed 16.7% upward revision in broker ratings over the past four weeks.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on WCG - FREE
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Contact: Jim Giaquinto
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Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Freightcar America, Inc. (RAIL): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - May 26, 2017 - Stocks in this week's article include WellCare Health Plans, Inc. (NYSE: WCG - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ), FreightCar America, Inc. (NASDAQ: RAIL - Free Report ), Chemours Company (NYSE: CC - Free Report ) and Renewable Energy Group, Inc. (NASDAQ: REGI - Free Report ). Atlanta, GA based Aaron's Inc. (NYSE: AAN - Free Report ) operates as an omnichannel provider of lease-purchase solutions. Get the full Report on WCG - FREE Get the full Report on AAN - FREE Get the full Report on RAIL - FREE Get the full Report on CC - FREE Get the full Report on REGI - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL - May 26, 2017 - Stocks in this week's article include WellCare Health Plans, Inc. (NYSE: WCG - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ), FreightCar America, Inc. (NASDAQ: RAIL - Free Report ), Chemours Company (NYSE: CC - Free Report ) and Renewable Energy Group, Inc. (NASDAQ: REGI - Free Report ). Get the full Report on WCG - FREE Get the full Report on AAN - FREE Get the full Report on RAIL - FREE Get the full Report on CC - FREE Get the full Report on REGI - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Freightcar America, Inc. (RAIL): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - May 26, 2017 - Stocks in this week's article include WellCare Health Plans, Inc. (NYSE: WCG - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ), FreightCar America, Inc. (NASDAQ: RAIL - Free Report ), Chemours Company (NYSE: CC - Free Report ) and Renewable Energy Group, Inc. (NASDAQ: REGI - Free Report ). Get the full Report on WCG - FREE Get the full Report on AAN - FREE Get the full Report on RAIL - FREE Get the full Report on CC - FREE Get the full Report on REGI - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Freightcar America, Inc. (RAIL): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - May 26, 2017 - Stocks in this week's article include WellCare Health Plans, Inc. (NYSE: WCG - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ), FreightCar America, Inc. (NASDAQ: RAIL - Free Report ), Chemours Company (NYSE: CC - Free Report ) and Renewable Energy Group, Inc. (NASDAQ: REGI - Free Report ). Atlanta, GA based Aaron's Inc. (NYSE: AAN - Free Report ) operates as an omnichannel provider of lease-purchase solutions. Get the full Report on WCG - FREE Get the full Report on AAN - FREE Get the full Report on RAIL - FREE Get the full Report on CC - FREE Get the full Report on REGI - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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d82c6c99-cde1-4a02-a616-8424650563a1
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9173.0
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2017-05-26 00:00:00 UTC
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Best Buy (BBY) Shows Strength: Stock Adds 21.5% in Session
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AAN
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https://www.nasdaq.com/articles/best-buy-bby-shows-strength%3A-stock-adds-21.5-in-session-2017-05-26
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nan
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Best Buy Co., Inc.BBY was a big mover last session, as the company saw its shares jump over 21% on the day. The upside was driven by the company's better-than-expected first quarter revenue and profit. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 17% in the past one-month time frame.
The company has seen three positive estimate revisions in the past 30 days. Also, its Zacks Consensus Estimate moved higher over the same timeframe. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Best Buy currently carries a Zacks Rank #2 (Buy).
Best Buy Co., Inc. Price
Best Buy Co., Inc. Price | Best Buy Co., Inc. Quote
Another top-ranked stock in the Retail - Consumer Electronics industry is Aaron's, Inc. AAN sporting a Zacks Rank #1 (Strong Buy). You can the complete list of today's Zacks #1 Rank stocks here .
Is BBY going up? Or down? Predict to see what others think: Up or Down
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Best Buy Co., Inc. Price Best Buy Co., Inc. Price | Best Buy Co., Inc. Quote Another top-ranked stock in the Retail - Consumer Electronics industry is Aaron's, Inc. AAN sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. This continues the recent uptrend for the company as the stock is now up 17% in the past one-month time frame.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Best Buy Co., Inc. Price Best Buy Co., Inc. Price | Best Buy Co., Inc. Quote Another top-ranked stock in the Retail - Consumer Electronics industry is Aaron's, Inc. AAN sporting a Zacks Rank #1 (Strong Buy). Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention.
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Best Buy Co., Inc. Price Best Buy Co., Inc. Price | Best Buy Co., Inc. Quote Another top-ranked stock in the Retail - Consumer Electronics industry is Aaron's, Inc. AAN sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Best Buy Co., Inc. Price Best Buy Co., Inc. Price | Best Buy Co., Inc. Quote Another top-ranked stock in the Retail - Consumer Electronics industry is Aaron's, Inc. AAN sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Best Buy Co., Inc.BBY was a big mover last session, as the company saw its shares jump over 21% on the day.
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979d20d0-e4d3-480a-8464-181496e714ae
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9174.0
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2017-05-25 00:00:00 UTC
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5 Stocks with Upgraded Broker Ratings Worth Buying Right Now
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AAN
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https://www.nasdaq.com/articles/5-stocks-with-upgraded-broker-ratings-worth-buying-right-now-2017-05-25
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nan
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nan
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Choosing stocks from the vast investment universe is not an easy task. For this, you need to understand the fundamentals of every company and try to place them against the present economic background to figure out how it fares as an investment.
One way to carry out this task is to follow broker recommendation. Brokers have insight into what's happening at a particular company as they directly communicate with management. Further, they have a deeper understanding of the overall industry.
Precisely, brokers go through a company's publicly available financial statements, listen to conference calls and engage in talks directly with the top brass. At times, they even talk to customers to gauge what they like or dislike about the products and services offered by the company.
Therefore, after thorough research, brokers decide to rate a particular company's stock. Naturally, when an analyst upgrades a stock, you can easily rely on it.
Nonetheless, solely depending on analysts' upgrades is not the correct way to build your investment portfolio. You should also take into consideration other factors to ensure solid returns.
Picking the Winning Strategy
We have a screening strategy that will help in your search for potential winners:
Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker rating upgrades over the last four weeks.
Current Price greater than 5: The stocks must be trading above $5.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success. You can see the complete list of today's Zacks #1 Rank stocks here .
VGM Score equal to A: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the six stocks that made it through the screen:
Headquartered in Tampa, FL, WellCare Health Plans, Inc.WCG offers managed care services for government-sponsored health care programs. The company boasts a strong surprise history, with a trailing four-quarter average beat of 59.2%. The stock witnessed 2.9% upward revisions in broker ratings over the past four weeks.
Atlanta, GA based Aaron's Inc.AAN operates as an omnichannel provider of lease-purchase solutions. Over the trailing four quarters, the company delivered an average positive surprise of 10.6%. The stock witnessed 4.8% upward revision in broker ratings over the past four weeks.
FreightCar America, Inc.RAIL , headquartered in Chicago, IL, designs, manufactures, and sells railcars for the transportation of bulk commodities and containerized freight products. Over the trailing four quarters, the company delivered an average positive surprise of 50.7%. The stock witnessed 13.3% upward revision in broker ratings over the past four weeks.
Headquartered in Wilmington, DE, The Chemours CompanyCC provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company boasts a strong surprise history, with a trailing four-quarter average beat of 39.8%. The stock witnessed 10% upward revisions in broker ratings over the past four weeks.
Ames, IA-based Renewable Energy Group, Inc.REGI produces and sells biofuels and renewable chemicals. Over the trailing four quarters, the company delivered an average positive surprise of 13.4%. The stock witnessed 16.7% upward revision in broker ratings over the past four weeks.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Freightcar America, Inc. (RAIL): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report
Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Atlanta, GA based Aaron's Inc.AAN operates as an omnichannel provider of lease-purchase solutions. Click to get this free report Freightcar America, Inc. (RAIL): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report To read this article on Zacks.com click here. Precisely, brokers go through a company's publicly available financial statements, listen to conference calls and engage in talks directly with the top brass.
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Click to get this free report Freightcar America, Inc. (RAIL): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report To read this article on Zacks.com click here. Atlanta, GA based Aaron's Inc.AAN operates as an omnichannel provider of lease-purchase solutions. Picking the Winning Strategy We have a screening strategy that will help in your search for potential winners: Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker rating upgrades over the last four weeks.
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Click to get this free report Freightcar America, Inc. (RAIL): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report To read this article on Zacks.com click here. Atlanta, GA based Aaron's Inc.AAN operates as an omnichannel provider of lease-purchase solutions. Therefore, after thorough research, brokers decide to rate a particular company's stock.
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Atlanta, GA based Aaron's Inc.AAN operates as an omnichannel provider of lease-purchase solutions. Click to get this free report Freightcar America, Inc. (RAIL): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report WellCare Health Plans, Inc. (WCG): Free Stock Analysis Report Renewable Energy Group, Inc. (REGI): Free Stock Analysis Report To read this article on Zacks.com click here. Picking the Winning Strategy We have a screening strategy that will help in your search for potential winners: Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker rating upgrades over the last four weeks.
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e264a3a5-4578-4bdb-bad6-3f282952032a
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9175.0
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2017-05-25 00:00:00 UTC
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Kirkland's (KIRK) Q1 Earnings & Sales Miss, FY17 View Intact
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AAN
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https://www.nasdaq.com/articles/kirklands-kirk-q1-earnings-sales-miss-fy17-view-intact-2017-05-25
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nan
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nan
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Kirkland's, Inc.KIRK posted weaker-than-expected results in first-quarter fiscal 2017 following which its shares fell 9.9% on May 23. After delivering positive earnings surprises of 50% and 12.5% in third and fourth quarters of fiscal 2016, respectively, the company posted a negative surprise of 125% in the first quarter.
Kirkland's, Inc. Price, Consensus and EPS Surprise
Kirkland's, Inc. Price, Consensus and EPS Surprise | Kirkland's, Inc. Quote
The company reported adjusted loss of 9 cents that was wider than the Zacks Consensus Estimate of a loss of 4 cents. The reported figure was also down from adjusted earnings of 6 cents in the prior-year quarter. We note that the quarter was impacted by the higher cost of sales and operating expenses coupled with lower comparable store sales (comps).
Quarter in Detail
Kirkland's recorded net sales of $132.8 million that grew 2.3% year over year, due to increase in the number of store count. However, it marginally lagged the Zacks Consensus Estimate of $133.9 million. In fact, the company's sales have missed the Zacks Consensus Estimate in four of the past seven quarters that includes the reported quarter and met the same in the remaining three. Further, eCommerce revenues surged 32% year over year and contributed $13 million to total sales in the quarter.
Including online sales, comps declined 3.8% versus 0.5% rise registered in the prior-year period. Kirkland's has been witnessing low traffic over the past few months, especially in Texas, where it has a large footprint. Moreover, a tough retail environment is also hurting the company's sales.
Gross profit fell 3.8% to $47.6 million in the quarter due to higher cost of sales. Also, the company recorded operating loss of $2.3 million compared to operating income of $1.5 million in the prior-year quarter. Further, Kirkland's has been incurring higher operating expenses due to increase in store occupancy costs. The higher costs resulted from increased shipping and packaging expenses that have pressurized margins in the past few quarters.
Concurrent with the earnings release, Kirkland's announced that its Vice President and Chief Financial Officer, Adam Holland, has resigned to assume a similar responsibility in the healthcare industry. He will maintain his current role till Jun 14. Moving ahead, its Controller, Nicole Strain, will assume the role of the Interim Chief Financial Officer.
We note that shares of Kirkland's have plunged over 44% year to date compared with the Zacks categorized Retail - Home Furnishings industry's decline of 5.2%. The industry is currently placed at bottom 8% of the Zacks Classified industries (235 out of 256). In fact, Kirkland's forms part of the Retail-Wholesale sector that is currently placed at the bottom 38% of the Zacks Classified sectors (10 out of 16).
Store Update
The company introduced eight stores while shuttered 11 stores in the quarter, taking the total store count to 401 at the end of the quarter.
Moving ahead, management expects to open more stores in the fiscal second and third quarters, while store closures will happen in the first half of the year. The company intends to inaugurate 25 to 30 new stores and intends to close 20 stores in fiscal 2017. Additionally, it targets to achieve 2-3% square footage during the year.
Other Financial Details
Kirkland's exited the quarter with cash and cash equivalents of $59.8 million compared with $63.9 million in the previous quarter. Deferred rent and other long-term liabilities were $62.4 million compared with $61.4 million in the previous quarter. Further, net shareholders' equity as of Apr 29, came in at $133.3 million versus $133.8 million as of Jan 28.
Fiscal 2017 Guidance
Kirkland's reiterated its fiscal 2017 earnings outlook (issued on Mar 10) and continues to expect the same in the band of 50-65 cents per share. The guidance is lower than the year-ago earnings per share of 68 cents, however the Zacks Consensus Estimate of 55 cents for fiscal 2017 is pegged within the guided range. Moreover, the company expects earnings to be lower in the first half of the fiscal year.
Further, management predicts sales to increase 6-8% over 2016 sales. In fact, the guidance reflects the additional week in the retail calendar for the full year. This sales guidance assumes comps in the band of slightly negative to slightly positive excluding the effect of the additional week of sales.
The company expects to incur capital expenditures between $23-$27 million in fiscal 2017, versus $32 million incurred in fiscal 2016. This is expected to be backed by store openings along with continued investments in omni-channels.
Zacks Rank & Stocks to Consider
Currently, Kirkland's carries a Zacks Rank #4 (Sell). Better-ranked stocks in the broader Retail-Wholesale sector include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and Burlington Stores, Inc. BURL .
Aaron's has posted an average beat of 10.6% in the past four quarters and increased 41.9% in the past one year. The stock sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Best Buy carries a Zacks Rank #2 (Buy) and has surged 57.8% in the past one year. Also, it has a long-term earnings growth rate of 10.8%.
Burlington Stores, a Zacks Rank #2 stock has jumped 56.6% in the past one year. Also, it has a long-term earnings growth rate of 15.9%.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
Kirkland's, Inc. (KIRK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked stocks in the broader Retail-Wholesale sector include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and Burlington Stores, Inc. BURL . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report To read this article on Zacks.com click here. Concurrent with the earnings release, Kirkland's announced that its Vice President and Chief Financial Officer, Adam Holland, has resigned to assume a similar responsibility in the healthcare industry.
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Better-ranked stocks in the broader Retail-Wholesale sector include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and Burlington Stores, Inc. BURL . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report To read this article on Zacks.com click here. Kirkland's, Inc. Price, Consensus and EPS Surprise Kirkland's, Inc. Price, Consensus and EPS Surprise | Kirkland's, Inc. Quote The company reported adjusted loss of 9 cents that was wider than the Zacks Consensus Estimate of a loss of 4 cents.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader Retail-Wholesale sector include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and Burlington Stores, Inc. BURL . Kirkland's, Inc. Price, Consensus and EPS Surprise Kirkland's, Inc. Price, Consensus and EPS Surprise | Kirkland's, Inc. Quote The company reported adjusted loss of 9 cents that was wider than the Zacks Consensus Estimate of a loss of 4 cents.
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Better-ranked stocks in the broader Retail-Wholesale sector include Aaron's, Inc. AAN , Best Buy Co., Inc. BBY and Burlington Stores, Inc. BURL . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report To read this article on Zacks.com click here. The industry is currently placed at bottom 8% of the Zacks Classified industries (235 out of 256).
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9a01cc8b-86bd-4802-b427-015ae7edf8ae
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9176.0
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2017-05-19 00:00:00 UTC
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The Top Dog Vs. The Big Threat, In Retail Consumer Electronics
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AAN
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https://www.nasdaq.com/articles/top-dog-vs-big-threat-retail-consumer-electronics-2017-05-19
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nan
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nan
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The current earnings season has penned one more chapter in the ongoing drama portraying retail as a barren wasteland of hollowed-out malls, sliding into the inevitable nightfall of Amazon.com ( AMZN ).
But while department store and apparel retail stocks have veered into deepening losses, Best Buy shares are up 18% for the year through Thursday. That is far behind Amazon's 28% gain, and Amazon's sales are growing fast. But Best Buy continues to hold a market share advantage over its nearest competitors, Amazon and Wal-Mart ( WMT ), and not by an inconsiderable margin.
"Best Buy is far and away the (consumer electronics) market share leader right now on a revenue basis," said NPD Group's vice president of industry analysis, Stephen Baker.
In addition, the e-commerce operations of players including Best Buy and Wal-Mart have begun to win back online market share, and a couple of factors could strengthen the standing of Best Buy's physical store performance through the end of this year.
The bankruptcy of competitor HHGregg, which announced in March it would close 40% of its stores, then upped that in April to a shutdown of all 220 stores in its chain, significantly trims competition not only for Best Buy, but also for the smaller publicly-traded chains Conn's ( CONN ) and Aaron's ( AAN ). In addition, the expected roll out of new smartphone releases from Apple ( AAPL ) and Samsung is seen by at least some analysts as a direct benefit to Best Buy vs. Amazon.
Traditional Electronics Retailers Clap Back
None of that is to say that the threat of Amazon isn't very, very real.
"It's like every time a bell rings, an angel gets its wings - every time Amazon signs a Prime member, that is a person who is absolutely, 100% guaranteed to shop less frequently at Best Buy," Wedbush analyst Michael Pachter told Investor's Business Daily.
"Even if you're a Best Buy freak, and you love going in and looking at everything, you're still going to buy batteries on Amazon, because it's just so freakin' easy."
Indeed, industry data backs up the idea that the e-commerce giant could simply unhinge its jaw and devour other retailers whole.
In 2015, Amazon grew its consumer electronics sales by 28.1% from the previous year, far outstripping Apple's 4.3% gain and Best Buy's 3.8% growth, according to data provided by Deutsche Bank via Twice magazine.
"The fact is, (Best Buys) sell stuff that isn't really a growth category: mobile phones, TVs, random PC electronics, and some appliances," said Pachter. "Except for possibly appliances, none of those categories is growing."
A closer look at the numbers, however, shows that despite Amazon's rocket-ship growth in consumer electronics, Best Buy's little single-digit gain actually represents a swing from at least four prior years' worth of negative year-over-year sales declines. The company's first-quarter results, due May 25, will update that tale. But so far, it has managed to hold on to its lead, defending a nearly 23% share of the market from 2013 through 2015.
As of 2015, Amazon could boast 17% of the pie, having bypassed Wal-Mart for the No. 2 spot. (Apple and Target (TGT) rounded out the top 5 on Twice's list.)
Best Buy's turnaround story has been well documented. The company brought on Hubert Joly in 2012 to mend its wounds, and the chief executive has been credited with reviving the last major national consumer-electronics brick-and-mortar chain.
"What Best Buy did a few years ago with their new CEO and new CFO at the time was, I think, embark on a really smart and innovative strategy, which basically turned the showrooming idea on its head and embraced it," said Deutsche Bank analyst Mike Baker, checking off a list of things Best Buy tweaked to become more competitive with Amazon: price, selection, shipping ability, website functionality.
"All the things Amazon did better than they did, (Best Buy) invested in it," he said.
The company deserves "massive props" for reducing its cost structure under Joly's watch, concedes Pachter. But to focus solely on Best Buy's recent success would be to ignore "the elephant in the room," i.e. Amazon.
To its credit, Best Buy has outlived most. The recent liquidation announcement from HHGregg is a reminder to toast all the gadget chains that are no longer with us , such as Sharper Image, CompUSA and Circuit City (the latter of which is reportedly coming back from the dead to open a " prototype store" in Dallas ). The significantly downsized RadioShack filed for bankruptcy again in March.
And their demise fuels the lone survivor. Analysts interviewed for this story see the HHGregg closures delivering Best Buy a same-store-sales benefit of anywhere from 0.9% to 1.5%, a meaningful boost.
Plying the Lease-Purchase Niche
The Amazon-driven atrophy in the consumer electronics retail space has reduced IBD's Retail-Consumer Electronics industry group to a an intimate cluster of fairly diverse names. Best Buy aside, the group's five members include GameStop (GME), Appliance Recycling Centers (ARCI), Conn's and Aaron's.
Regional retailer Conn's, which has over 100 locations, doesn't just sell electronics, but also furniture, mattresses and appliances. The company also has a lending program. In its January-ended quarter, Conn's logged a 5.5% year-over-year decline in retail revenue and a 4.1% slide in its credit revenue. Nearly 95% of retail sales were channeled through in-house financing, third-party financing or a third-party rent-to-own option, the company reported.
As a business, "part of it is as a retailer, and part of it is as a credit agency, basically," said KeyBanc analyst Brad Thomas. "They have implemented a number of initiatives that we think will improve the profitability of their credit portfolio. From a stock perspective, the story is, 'Can you improve the credit side of your business?' It's less about the retail side."
Shares cleared a cup base at the end of April, after the company reported a surprise profit after three quarters of losses. Sales extended their single-digit decline, however, which analysts expect to continue through the end of this year.
Aaron's, meanwhile, sells furniture and electronics, but bills itself as an "omnichannel provider of lease-purchase solutions" - what is commonly known as rent-to-own. It has 1,860 stores in 47 states but is shifting its emphasis toward its Progressive Leasing subsidiary, which provides lease-to-own financial services to 19,000 retail locations.
"Progressive's been experiencing very strong growth and great execution as they've added incremental doors to their system and grown same-door sales," said Thomas, who calls Progressive the "exciting" side of Aaron's business.
"Some of their largest customers include Big Lots (BIG), and Mattress Firm. And they've just won the business at Conn's, actually."
Taking Share From Amazon
At NPD, Baker sounded bullish on the future of brick-and-mortar gadget stores.
"What we're starting to see in (consumer electronics is) that the retailers are beginning to successfully navigate the challenge of being both brick-and-mortar and online," he said. "What we see is retailers gaining share of online sales right now, within the overall online segment."
NPD Group research reveals that brick-and-mortar retailers with an e-commerce presence - think Best Buy, Wal-Mart, Target, Staples and others - are actually collectively growing their dollar share of the online consumer electronics market (the NPD category does not include mobile phones or video games).
Traditional retailers captured 34.8% share in 2016, up from 31.2% in 2015 and 30.6% in 2014. Contrast that to online-only players, such as Amazon, Newegg, Monoprice and Fingerhut, which remain dominant but gave up some of their share (45.2% share last year vs. 45.7% in 2015 and 45% in 2014).
Baker attributes the upswing to electronics retailers improving their omnichannel strategies and "the fact that the categories that have the biggest upside online are ones that have been traditionally much stronger in-store categories (like TV and audio)."
The question going forward is how Best Buy and others will sustain that growth, and whether they can transition from simply holding their own to etching out even greater market share gains vs. Amazon.
Analysts agree that a proper omnichannel presence, both online and offline, is essential. And that brick-and-mortar, to some degree, still matters.
"Even brands that started online would tell you that, if done properly, a physical presence can have a very high ROI and greatly improve your sales," said KeyBanc's Thomas.
RELATED:
The Death Of Retailing As We Know It?
Home Depot Is One Retailer That Isn't Falling Apart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The bankruptcy of competitor HHGregg, which announced in March it would close 40% of its stores, then upped that in April to a shutdown of all 220 stores in its chain, significantly trims competition not only for Best Buy, but also for the smaller publicly-traded chains Conn's ( CONN ) and Aaron's ( AAN ). The current earnings season has penned one more chapter in the ongoing drama portraying retail as a barren wasteland of hollowed-out malls, sliding into the inevitable nightfall of Amazon.com ( AMZN ). A closer look at the numbers, however, shows that despite Amazon's rocket-ship growth in consumer electronics, Best Buy's little single-digit gain actually represents a swing from at least four prior years' worth of negative year-over-year sales declines.
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The bankruptcy of competitor HHGregg, which announced in March it would close 40% of its stores, then upped that in April to a shutdown of all 220 stores in its chain, significantly trims competition not only for Best Buy, but also for the smaller publicly-traded chains Conn's ( CONN ) and Aaron's ( AAN ). In 2015, Amazon grew its consumer electronics sales by 28.1% from the previous year, far outstripping Apple's 4.3% gain and Best Buy's 3.8% growth, according to data provided by Deutsche Bank via Twice magazine. In its January-ended quarter, Conn's logged a 5.5% year-over-year decline in retail revenue and a 4.1% slide in its credit revenue.
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The bankruptcy of competitor HHGregg, which announced in March it would close 40% of its stores, then upped that in April to a shutdown of all 220 stores in its chain, significantly trims competition not only for Best Buy, but also for the smaller publicly-traded chains Conn's ( CONN ) and Aaron's ( AAN ). In addition, the e-commerce operations of players including Best Buy and Wal-Mart have begun to win back online market share, and a couple of factors could strengthen the standing of Best Buy's physical store performance through the end of this year. "What Best Buy did a few years ago with their new CEO and new CFO at the time was, I think, embark on a really smart and innovative strategy, which basically turned the showrooming idea on its head and embraced it," said Deutsche Bank analyst Mike Baker, checking off a list of things Best Buy tweaked to become more competitive with Amazon: price, selection, shipping ability, website functionality.
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The bankruptcy of competitor HHGregg, which announced in March it would close 40% of its stores, then upped that in April to a shutdown of all 220 stores in its chain, significantly trims competition not only for Best Buy, but also for the smaller publicly-traded chains Conn's ( CONN ) and Aaron's ( AAN ). Regional retailer Conn's, which has over 100 locations, doesn't just sell electronics, but also furniture, mattresses and appliances. From a stock perspective, the story is, 'Can you improve the credit side of your business?'
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32140bca-d885-4e9d-8ead-3e35e3cfcaa2
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9177.0
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2017-05-17 00:00:00 UTC
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Top Ranked Value Stocks to Buy for May 17th
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AAN
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https://www.nasdaq.com/articles/top-ranked-value-stocks-to-buy-for-may-17th-2017-05-17
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nan
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nan
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Here are four stocks with buy rank and strong value characteristics for investors to consider today, May 17th:
Adecoagro S.A. (AGRO): This agricultural company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 25.4% over the last 60 days.
Adecoagro S.A. Price and Consensus
Adecoagro S.A. Price and Consensus | Adecoagro S.A. Quote
Adecoagro's has a price-to-earnings ratio (P/E) of 14.71, compared with 23.20 for the industry. The company possesses a Value Score of A.
Aaron's, Inc.
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
Aaron's has a price-to-earnings ratio (P/E) of 14.52, compared with 21.40 for the industry. The company possesses a Value Score of A.
Summer Infant, Inc.
Summer Infant, Inc. Price and Consensus
Summer Infant, Inc. Price and Consensus | Summer Infant, Inc. Quote
Summer Infant's has a price-to-earnings ratio (P/E) of 18.00, compared with 18.90 for the industry. The company possesses a Value Score of A.
Office Depot, Inc.
Office Depot, Inc. Price and Consensus
Office Depot, Inc. Price and Consensus | Office Depot, Inc. Quote
Office Depot's has a price-to-earnings ratio (P/E) of 9.82, compared with 16.60 for the industry. The company possesses a Value Score of A.
full list of top ranked stocks here
Learn more about the Value score and how it is calculated here
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Summer Infant, Inc. (SUMR): Free Stock Analysis Report
Office Depot, Inc. (ODP): Free Stock Analysis Report
Adecoagro S.A. (AGRO): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Click to get this free report Summer Infant, Inc. (SUMR): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Adecoagro S.A. (AGRO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with buy rank and strong value characteristics for investors to consider today, May 17th: Adecoagro S.A. (AGRO): This agricultural company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 25.4% over the last 60 days. Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention.
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Click to get this free report Summer Infant, Inc. (SUMR): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Adecoagro S.A. (AGRO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Summer Infant, Inc. Summer Infant, Inc. Price and Consensus Summer Infant, Inc. Price and Consensus | Summer Infant, Inc. Quote Summer Infant's has a price-to-earnings ratio (P/E) of 18.00, compared with 18.90 for the industry. Office Depot, Inc. Office Depot, Inc. Price and Consensus Office Depot, Inc. Price and Consensus | Office Depot, Inc. Quote Office Depot's has a price-to-earnings ratio (P/E) of 9.82, compared with 16.60 for the industry.
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Click to get this free report Summer Infant, Inc. (SUMR): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Adecoagro S.A. (AGRO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Value Score of A. Aaron's, Inc. Aaron's, Inc. Price and Consensus Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote Aaron's has a price-to-earnings ratio (P/E) of 14.52, compared with 21.40 for the industry. Summer Infant, Inc. Summer Infant, Inc. Price and Consensus Summer Infant, Inc. Price and Consensus | Summer Infant, Inc. Quote Summer Infant's has a price-to-earnings ratio (P/E) of 18.00, compared with 18.90 for the industry.
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Click to get this free report Summer Infant, Inc. (SUMR): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Adecoagro S.A. (AGRO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with buy rank and strong value characteristics for investors to consider today, May 17th: Adecoagro S.A. (AGRO): This agricultural company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 25.4% over the last 60 days. The company possesses a Value Score of A. full list of top ranked stocks here Learn more about the Value score and how it is calculated here Sell These Stocks.
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c32ce836-d632-4e32-9429-d77c19bea71e
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9178.0
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2017-05-16 00:00:00 UTC
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Bear of the Day: Ethan Allen Interiors (ETH)
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AAN
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https://www.nasdaq.com/articles/bear-day-ethan-allen-interiors-eth-2017-05-16
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nan
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nan
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The retail apocalypse appears to be upon us and is dragging down a number of companies in the traditional consumer market. And while much of this trend has been focused on the apparel side of the retail world, the furniture side has also been decimated too.
In fact, the home furnishings industry currently has an Industry Rank in the bottom 10% overall, while the retail sector is in the bottom 20% too. Clearly, this isn't a great combination, and investors might be better served by looking elsewhere for exposure in the retail space. But, if you are looking for a short candidate or a more concrete example of this trend, consider a closer look at Ethan Allen Interiors (ETH).
Why ETH?
Although Ethan Allen shares have held up better than most in the face of the onslaught of negative news in the retail market, there is plenty of reason to be concerned about the company, even beyond its sluggish industry rank. That is because this furniture store chain just missed earnings estimates in its most recent report, posting earnings of just 23 cents per share compared to estimates of 27 cents per share.
Furthermore, analysts have been slashing their expectations for Ethan Allen Interiors in the near future, as we haven't seen any estimates go higher for the current quarter or the current year in the past two months. Instead, we have seen several analysts move their estimates lower, including four for the current quarter and five for the current year.
Ethan Allen Interiors Inc. Price and Consensus
Ethan Allen Interiors Inc. Price and Consensus | Ethan Allen Interiors Inc. Quote
Analysts are now expecting a nearly 18% decline in earnings for the full year, while they are expecting a 3% slide in revenues for the full year too. And with such a poor outlook for the industry in general, it is hard to like this stock right now, especially with these company specific fundamentals. No wonder it currently has a Zacks Rank #5 (Strong Sell) and we are looking for underperformance from this company in the near term.
Other Choices
If investors want some good retail selections, then they probably want to look outside the home furnishings space. One hot area is the consumer electronics market, as this segment has a top 10% industry rank, and it doesn't have any stocks with a Zacks Rank #5 (Strong Sell).
If you are looking for a top ranked name in this market though, then Aaron's (AAN) might be worth a closer look. The company has a Zacks Rank #1 (Strong Buy) and is expected to grow both EPS and sales this year (in year-over-year terms), making it a potentially better choice than Ethan Allen, at least until earnings estimates turn around for ETH stock.
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Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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If you are looking for a top ranked name in this market though, then Aaron's (AAN) might be worth a closer look. Click to get this free report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Although Ethan Allen shares have held up better than most in the face of the onslaught of negative news in the retail market, there is plenty of reason to be concerned about the company, even beyond its sluggish industry rank.
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Click to get this free report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. If you are looking for a top ranked name in this market though, then Aaron's (AAN) might be worth a closer look. Ethan Allen Interiors Inc. Price and Consensus Ethan Allen Interiors Inc. Price and Consensus | Ethan Allen Interiors Inc. Quote Analysts are now expecting a nearly 18% decline in earnings for the full year, while they are expecting a 3% slide in revenues for the full year too.
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Click to get this free report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. If you are looking for a top ranked name in this market though, then Aaron's (AAN) might be worth a closer look. Ethan Allen Interiors Inc. Price and Consensus Ethan Allen Interiors Inc. Price and Consensus | Ethan Allen Interiors Inc. Quote Analysts are now expecting a nearly 18% decline in earnings for the full year, while they are expecting a 3% slide in revenues for the full year too.
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If you are looking for a top ranked name in this market though, then Aaron's (AAN) might be worth a closer look. Click to get this free report Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. But, if you are looking for a short candidate or a more concrete example of this trend, consider a closer look at Ethan Allen Interiors (ETH).
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e89ce769-5b1a-4c87-80d1-ef307ed51517
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9179.0
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2017-05-09 00:00:00 UTC
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Zacks.com featured highlights: Rocky Brands, Compañía Cervecerías Unidas, Marcus, Aaron's and KMG Chemicals
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-rocky-brands-compania-cervecerias-unidas-marcus-aarons-and
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nan
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For Immediate Release
Chicago, IL - May 09, 2017 - Stocks in this week's article include Rocky Brands Inc. (NASDAQ: RCKY - Free Report ), Compania Cervecerías Unidas SA (NYSE: CCU - Free Report ), Marcus Corporation (NYSE: MCS - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ) and KMG Chemicals Inc. (NYSE: KMG - Free Report ).
Screen of the Week of Zacks Investment Research:
Hate Market Volatility? Buy These 5 Low-Beta Stocks
Proper research and analysis is the key to success when it comes to making investments. There is no thumb rule that lucrative returns can come only by investing in risky securities. It is true that risky stocks generate returns higher than the market when the market walks on the bullish path. However, the converse scenario should also be taken into account.
In this article, we have created a strategy to build a portfolio of less risky stocks that could also lead to impressive yields. In other words, investing in securities having low beta is a great way to avoid market volatility.
Meaning of Beta
Beta measures the volatility or risks to a security relative to the market (we are considering the S&P 500 here). That is, beta measures the extent to which the price of a stock moves with respect to the market.
If the beta is equal to 1 it means that the stock is as volatile as the market. So, a stock is relatively more volatile if it has beta greater than 1 and less volatile if beta is less than 1.
For example, if the beta is 1.8 then the stock will witness 80% more movement than the market. Hence, we can say that if the market goes up, the stock will outperform by 80%. Conversely, if the market plunges, the stock will lose much more value than the market.
Building a Low-Risk Portfolio
In order to find stocks with lower-than-market volatility, we added beta between 0 and 0.6 as our main criterion for screening. However, we need to keep in mind that low beta is not the only metric to be considered for choosing stocks in a volatile market. Hence to reach the winning strategy, we have considered a few additional criteria.
Percentage Change in Price in the last 4 Weeks: We considered those stocks that saw positive price movement over the last month.
Average 20 Day Volume greater than or equal to 50,000: A substantial trading volume ensures that the stocks are easily tradable.
Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.
Zacks Rank equal to 1: Zacks Rank #1 (Strong Buy) stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months.
Here are five of the 15 stocks that fit the bill:
Based in Nelsonville, OH, Rocky Brands Inc. (NASDAQ: RCKY - Free Report ) is well known for designing and manufacturing premium quality footwear. For the current year, the company is expected to witness 1,050% year-over-year earnings growth. Moreover, over the last 30 days, the current year Zacks Consensus Estimate for earnings has been revised upward.
Compañía Cervecerías Unidas SA (NYSE: CCU - Free Report ) is a leading beverage firm having diversified businesses. The company will likely see 11.6% year-over-year growth in earnings for the current year. On top of that, the current year Zacks Consensus Estimate for earnings has been revised upward over the last 30 days.
Headquartered in Milwaukee, WI The Marcus Corporation (NYSE: MCS - Free Report ) is the owner and operator of movie theatres, hotels and resorts. The company surpassed the Zacks Consensus Estimate in each of the prior four quarters with an average positive earnings surprise of 15.38%. Moreover, for the current year, The Marcus will likely experience 21.3% earnings growth year over year.
Aaron's Inc. (NYSE: AAN - Free Report ) - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances. The company managed to beat the Zacks Consensus Estimate of earnings in each of the previous four quarters, with an average positive surprise of 10.55%.
Headquartered in Houston, TX KMG Chemicals Inc. (NYSE: KMG - Free Report ) is the manufacturer and distributer of specialty chemicals all over the world. The company surpassed the Zacks Consensus Estimate in three of the prior four quarters, with an average positive earnings surprise of 10.63%. Moreover, for the current year, the company is projected to post year-over-year earnings improvement of 26.1%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rocky Brands, Inc. (RCKY): Free Stock Analysis Report
Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report
Marcus Corporation (The) (MCS): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
KMG Chemicals, Inc. (KMG): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Inc. (NYSE: AAN - Free Report ) - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances. For Immediate Release Chicago, IL - May 09, 2017 - Stocks in this week's article include Rocky Brands Inc. (NASDAQ: RCKY - Free Report ), Compania Cervecerías Unidas SA (NYSE: CCU - Free Report ), Marcus Corporation (NYSE: MCS - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ) and KMG Chemicals Inc. (NYSE: KMG - Free Report ). Get the full Report on KMG - FREE Get the full Report on RCKY - FREE Get the full Report on CCU - FREE Get the full Report on MCS - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL - May 09, 2017 - Stocks in this week's article include Rocky Brands Inc. (NASDAQ: RCKY - Free Report ), Compania Cervecerías Unidas SA (NYSE: CCU - Free Report ), Marcus Corporation (NYSE: MCS - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ) and KMG Chemicals Inc. (NYSE: KMG - Free Report ). Get the full Report on KMG - FREE Get the full Report on RCKY - FREE Get the full Report on CCU - FREE Get the full Report on MCS - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report Marcus Corporation (The) (MCS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - May 09, 2017 - Stocks in this week's article include Rocky Brands Inc. (NASDAQ: RCKY - Free Report ), Compania Cervecerías Unidas SA (NYSE: CCU - Free Report ), Marcus Corporation (NYSE: MCS - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ) and KMG Chemicals Inc. (NYSE: KMG - Free Report ). Get the full Report on KMG - FREE Get the full Report on RCKY - FREE Get the full Report on CCU - FREE Get the full Report on MCS - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report Marcus Corporation (The) (MCS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report Marcus Corporation (The) (MCS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - May 09, 2017 - Stocks in this week's article include Rocky Brands Inc. (NASDAQ: RCKY - Free Report ), Compania Cervecerías Unidas SA (NYSE: CCU - Free Report ), Marcus Corporation (NYSE: MCS - Free Report ), Aaron's Inc. (NYSE: AAN - Free Report ) and KMG Chemicals Inc. (NYSE: KMG - Free Report ). Aaron's Inc. (NYSE: AAN - Free Report ) - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances.
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a1b1a116-a017-4bef-95fb-36cbe3651289
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9180.0
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2017-05-08 00:00:00 UTC
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Hate Market Volatility? Buy These 5 Low-Beta Stocks
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AAN
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https://www.nasdaq.com/articles/hate-market-volatility-buy-these-5-low-beta-stocks-2017-05-08
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nan
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nan
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Proper research and analysis is the key to success when it comes to making investments. There is no thumb rule that lucrative returns can come only by investing in risky securities. It is true that risky stocks generate returns higher than the market when the market walks on the bullish path. However, the converse scenario should also be taken into account.
In this article, we have created a strategy to build a portfolio of less risky stocks that could also lead to impressive yields. In other words, investing in securities having low beta is a great way to avoid market volatility.
Meaning of Beta
Beta measures the volatility or risks to a security relative to the market (we are considering the S&P 500 here). That is, beta measures the extent to which the price of a stock moves with respect to the market.
If the beta is equal to 1 it means that the stock is as volatile as the market. So, a stock is relatively more volatile if it has beta greater than 1 and less volatile if beta is less than 1.
For example, if the beta is 1.8 then the stock will witness 80% more movement than the market. Hence, we can say that if the market goes up, the stock will outperform by 80%. Conversely, if the market plunges, the stock will lose much more value than the market.
Building a Low-Risk Portfolio
In order to find stocks with lower-than-market volatility, we added beta between 0 and 0.6 as our main criterion for screening. However, we need to keep in mind that low beta is not the only metric to be considered for choosing stocks in a volatile market. Hence to reach the winning strategy, we have considered a few additional criteria.
Percentage Change in Price in the last 4 Weeks: We considered those stocks that saw positive price movement over the last month.
Average 20 Day Volume greater than or equal to 50,000: A substantial trading volume ensures that the stocks are easily tradable.
Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.
Zacks Rank equal to 1: Zacks Rank #1 (Strong Buy) stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months.
Here are five of the 15 stocks that fit the bill:
Based in Nelsonville, OH, Rocky Brands Inc.RCKY is well known for designing and manufacturing premium quality footwear. For the current year, the company is expected to witness 1,050% year-over-year earnings growth. Moreover, over the last 30 days, the current year Zacks Consensus Estimate for earnings has been revised upward.
Compañía Cervecerías Unidas SACCU is a leading beverage firm having diversified businesses. The company will likely see 11.6% year-over-year growth in earnings for the current year. On top of that, the current year Zacks Consensus Estimate for earnings has been revised upward over the last 30 days.
Headquartered in Milwaukee, WI The Marcus CorporationMCS is the owner and operator of movie theatres, hotels and resorts. The company surpassed the Zacks Consensus Estimate in each of the prior four quarters with an average positive earnings surprise of 15.38%. Moreover, for the current year, The Marcus will likely experience 21.3% earnings growth year over year.
Aaron's Inc.AAN - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances. The company managed to beat the Zacks Consensus Estimate of earnings in each of the previous four quarters, with an average positive surprise of 10.55%.
Headquartered in Houston, TX KMG Chemicals Inc.KMG is the manufacturer and distributer of specialty chemicals all over the world. The company surpassed the Zacks Consensus Estimate in three of the prior four quarters, with an average positive earnings surprise of 10.63%. Moreover, for the current year, the company is projected to post year-over-year earnings improvement of 26.1%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report
KMG Chemicals, Inc. (KMG): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Marcus Corporation (The) (MCS): Free Stock Analysis Report
Rocky Brands, Inc. (RCKY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Inc.AAN - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances. Click to get this free report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Marcus Corporation (The) (MCS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report To read this article on Zacks.com click here. Building a Low-Risk Portfolio In order to find stocks with lower-than-market volatility, we added beta between 0 and 0.6 as our main criterion for screening.
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Click to get this free report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Marcus Corporation (The) (MCS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc.AAN - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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Click to get this free report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Marcus Corporation (The) (MCS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc.AAN - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances. So, a stock is relatively more volatile if it has beta greater than 1 and less volatile if beta is less than 1.
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Click to get this free report Compania Cervecerias Unidas, S.A. (CCU): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Marcus Corporation (The) (MCS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc.AAN - headquartered in Atlanta - has operations that include specialty retailing of furniture, consumer electronics and home appliances. If the beta is equal to 1 it means that the stock is as volatile as the market.
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7f84ee77-8434-48b3-97b4-5006abd086d6
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9181.0
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2017-05-03 00:00:00 UTC
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Haverty Furniture Companies (HVT) Rises: Stock Jumps 10%
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AAN
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https://www.nasdaq.com/articles/haverty-furniture-companies-hvt-rises%3A-stock-jumps-10-2017-05-03
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Haverty Furniture Companies, Inc.HVT was a big mover last session, as the company saw its shares rise over 10% on the day. The move came after the company reported solid first-quarter 2017 results. This also led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $23.25 to $24.85 in the past one-month time frame.
The stock has seen one positive estimate revision in the last 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, Haverty Furniture Companies carries a Zacks Rank #3 (Hold).
Haverty Furniture Companies, Inc. Price
Haverty Furniture Companies, Inc. Price | Haverty Furniture Companies, Inc. Quote
A better-ranked stock in the broader sector is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is HVT going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Haverty Furniture Companies, Inc. (HVT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Haverty Furniture Companies, Inc. Price Haverty Furniture Companies, Inc. Price | Haverty Furniture Companies, Inc. Quote A better-ranked stock in the broader sector is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Haverty Furniture Companies, Inc. (HVT): Free Stock Analysis Report To read this article on Zacks.com click here. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $23.25 to $24.85 in the past one-month time frame.
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Haverty Furniture Companies, Inc. Price Haverty Furniture Companies, Inc. Price | Haverty Furniture Companies, Inc. Quote A better-ranked stock in the broader sector is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Haverty Furniture Companies, Inc. (HVT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Haverty Furniture Companies, Inc. Price Haverty Furniture Companies, Inc. Price | Haverty Furniture Companies, Inc. Quote A better-ranked stock in the broader sector is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Haverty Furniture Companies, Inc. (HVT): Free Stock Analysis Report To read this article on Zacks.com click here. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Haverty Furniture Companies, Inc. Price Haverty Furniture Companies, Inc. Price | Haverty Furniture Companies, Inc. Quote A better-ranked stock in the broader sector is Aaron's, Inc. AAN , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Haverty Furniture Companies, Inc. (HVT): Free Stock Analysis Report To read this article on Zacks.com click here. Haverty Furniture Companies, Inc.HVT was a big mover last session, as the company saw its shares rise over 10% on the day.
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f979439c-8836-4bef-9079-2f73637e67c9
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9182.0
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2017-05-03 00:00:00 UTC
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Aaron's (AAN) Shares March Higher, Can It Continue?
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AAN
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https://www.nasdaq.com/articles/aarons-aan-shares-march-higher-can-it-continue-2017-05-03
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nan
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nan
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As of late, it has definitely been a great time to be an investor in Aaron's, Inc. AAN . The stock has moved higher by 25.6% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.
We certainly think that this might be the case, particularly if you consider AAN's recent earnings estimate revision activity. From this look, the company's future is quite favorable; as AAN has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Will You Make a Fortune on the Shift to Electric Cars
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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From this look, the company's future is quite favorable; as AAN has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . As of late, it has definitely been a great time to be an investor in Aaron's, Inc. AAN . We certainly think that this might be the case, particularly if you consider AAN's recent earnings estimate revision activity.
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From this look, the company's future is quite favorable; as AAN has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. As of late, it has definitely been a great time to be an investor in Aaron's, Inc. AAN .
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From this look, the company's future is quite favorable; as AAN has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. As of late, it has definitely been a great time to be an investor in Aaron's, Inc. AAN .
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From this look, the company's future is quite favorable; as AAN has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . As of late, it has definitely been a great time to be an investor in Aaron's, Inc. AAN . We certainly think that this might be the case, particularly if you consider AAN's recent earnings estimate revision activity.
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432f2212-81f7-4e27-9cd0-1dccbf88b254
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9183.0
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2017-05-02 00:00:00 UTC
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New Strong Buy Stocks for May 2nd
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AAN
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https://www.nasdaq.com/articles/new-strong-buy-stocks-may-2nd-2017-05-02
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
58.com Inc (WUBA): This company that provides online classifieds and listings platforms has witnessed the Zacks Consensus Estimate for its current year earnings surging 9.1% over the last 30 days.
58.com Inc. Price and Consensus
58.com Inc. Price and Consensus | 58.com Inc. Quote
Aaron's, Inc. (AAN): This omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 30 days.
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
AGCO Corporation (AGCO): This manufacturer and distributor of agricultural equipment and related replacement parts has witnessed the Zacks Consensus Estimate for its current year earnings soaring 11.1% over the last 30 days.
AGCO Corporation Price and Consensus
AGCO Corporation Price and Consensus | AGCO Corporation Quote
Align Technology, Inc. (ALGN): This manufacturer of clear aligner therapy, intra-oral scanners, and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services has seen the Zacks Consensus Estimate for its current year earnings increasing almost 6% over the last 30 days.
Align Technology, Inc. Price and Consensus
Align Technology, Inc. Price and Consensus | Align Technology, Inc. Quote
Allison Transmission Holdings Inc (ALSN): This designer and manufacturer of commercial and defense fully-automatic transmissions has witnessed the Zacks Consensus Estimate for its current year earnings jumping 14.5% over the last 30 days.
Allison Transmission Holdings, Inc. Price and Consensus
Allison Transmission Holdings, Inc. Price and Consensus | Allison Transmission Holdings, Inc. Quote
You can see t he complete list of today's Zacks #1 Rank (Strong Buy) stocks here
Want to see all of today's Zacks Strong Buys?
You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks free >>.
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58.com Inc. (WUBA): Free Stock Analysis Report
Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report
Align Technology, Inc. (ALGN): Free Stock Analysis Report
AGCO Corporation (AGCO): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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58.com Inc. Price and Consensus 58.com Inc. Price and Consensus | 58.com Inc. Quote Aaron's, Inc. (AAN): This omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 30 days. Click to get this free report 58.com Inc. (WUBA): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Align Technology, Inc. (ALGN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: 58.com Inc (WUBA): This company that provides online classifieds and listings platforms has witnessed the Zacks Consensus Estimate for its current year earnings surging 9.1% over the last 30 days.
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Click to get this free report 58.com Inc. (WUBA): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Align Technology, Inc. (ALGN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. 58.com Inc. Price and Consensus 58.com Inc. Price and Consensus | 58.com Inc. Quote Aaron's, Inc. (AAN): This omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 30 days. Align Technology, Inc. Price and Consensus Align Technology, Inc. Price and Consensus | Align Technology, Inc. Quote Allison Transmission Holdings Inc (ALSN): This designer and manufacturer of commercial and defense fully-automatic transmissions has witnessed the Zacks Consensus Estimate for its current year earnings jumping 14.5% over the last 30 days.
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Click to get this free report 58.com Inc. (WUBA): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Align Technology, Inc. (ALGN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. 58.com Inc. Price and Consensus 58.com Inc. Price and Consensus | 58.com Inc. Quote Aaron's, Inc. (AAN): This omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 30 days. AGCO Corporation Price and Consensus AGCO Corporation Price and Consensus | AGCO Corporation Quote Align Technology, Inc. (ALGN): This manufacturer of clear aligner therapy, intra-oral scanners, and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services has seen the Zacks Consensus Estimate for its current year earnings increasing almost 6% over the last 30 days.
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58.com Inc. Price and Consensus 58.com Inc. Price and Consensus | 58.com Inc. Quote Aaron's, Inc. (AAN): This omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 30 days. Click to get this free report 58.com Inc. (WUBA): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Align Technology, Inc. (ALGN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: 58.com Inc (WUBA): This company that provides online classifieds and listings platforms has witnessed the Zacks Consensus Estimate for its current year earnings surging 9.1% over the last 30 days.
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33104531-672a-465f-a2d5-785af5a83773
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9184.0
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2017-05-02 00:00:00 UTC
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Coach (COH) Q3 Earnings Beat, Sales Miss, View Intact
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AAN
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https://www.nasdaq.com/articles/coach-coh-q3-earnings-beat-sales-miss-view-intact-2017-05-02
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nan
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nan
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Despite tough retail environment, volatility in tourist spending and macroeconomic headwinds, Coach, Inc.COH posted better-than-expected third-quarter fiscal 2017 bottom-line results. The adjusted earnings of 46 cents a share beat the Zacks Consensus Estimate by a couple of cents, thereby resulting in a positive earnings surprise of 4.5% and marking the 13 th straight quarter of earnings beat. The quarterly earnings also increased roughly 4.5% year over year.
Net sales of this New York-based company came in at $995.2 million, down about 4% on a reported basis and 3% on a constant currency basis. Sales growth were hurt by 150 basis points on account of management's efforts to elevate the Coach brand's positioning in the North American wholesale channel by lowering promotional events and door closures. We noted that the top line fell short of the Zacks Consensus Estimate of $1,018 million.
Coach registered fourth consecutive quarter of positive comparable-store sales at its North American segment. The company witnessed healthy growth across directly-operated Europe and Mainland China operations.
The company is undergoing a brand transformation and is introducing modern luxury concept stores in key markets. The acquisition of Stuart Weitzman has been accretive to its performance, and is being viewed as a significant step in its efforts toward becoming a multi-brand company. Management highlighted that net sales for the Coach brand aggregated $915 million (down 4%), while that of Stuart Weitzman brand totaled $80 million (up 1%) for the quarter.
Coach's shares are up over 7% during pre-market trading hours. We noted that in the past six months, the stock has gained 9.8%, while the Zacks categorized Textile-Apparel Manufacturing industry to which it belongs has fallen 7.7%.
Behind the Headline
Total North American Coach brand sales declined 5% on both reported and constant currency basis to $474 million. Direct sales fell 2%. In spite of the adverse impact of the shift in timing of Easter, both North American aggregate and bricks and mortar comparable store sales jumped about 3%. On both POS and net sales basis, North American department stores sales plunged approximately 40%.
International Coach brand sales decreased 4% to $430 million from the year-ago quarter figure. Sales in Greater China fell 2% in dollar terms but jumped 2% on a constant currency basis attributable to positive comparable store sales and sturdy performance in Mainland China, offset by continued sluggishness witnessed across Hong Kong and Macau.
Sales in Japan advanced 2% in dollar terms but fell 1% on a constant currency basis. Sales for the rest of the direct operations in Asia witnessed low-double digits decline on a reported and constant currency basis, while sales in the directly operated channels in Europe remained sturdy, marching at a double-digit rate on a constant currency basis.
Consolidated gross profit declined 1% to $705.7 million, however, gross margin increased 190 basis points to 70.9%. Adjusted operating income came in at $162 million, up 7% from the prior-year quarter figure, while operating margin expanded 160 basis points to 16.3%. Management continues to expect operating margin in the band of 18.5% to 19% for fiscal 2017.
Store Update
During the quarter, Coach closed 10 locations in North America, thereby taking the count to 424. In Japan, total number of locations was reduced to 184 due to the closure of 7 locations. In Greater China, the addition of 7 new locations and the closing of 1 increased the total count to 197. Across Asia (Other), store count decreased to 103 owing to the opening of 1 store and closing of 2 stores. In Europe, the store count jumped to 47 following the opening of 7 stores. There were 82 Stuart Weitzman stores at the end of the quarter.
Other Financial Details
Coach ended the quarter with cash, cash equivalents and short-term investments of $1,891.9 million, long-term debt of $591.8 million and shareholders' equity of $2,891.9 million.
Guidance
Management continues to envision low-single digits increase in fiscal 2017 revenue, including the impact of currency translation. The company continues to anticipate double-digit growth in both net income and earnings per share for the fiscal year. Interest expense is expected to be about $20 million for the fiscal year.
Zacks Rank & Key Picks
Currently, Coach carries a Zacks Rank #3 (Hold). Investors interested in the retail space may consider some better-ranked stocks such as Aaron's, Inc. AAN and The Children's Place, Inc. PLCE both flaunting a Zacks Rank #1 (Strong Buy), and Best Buy Co., Inc. BBY carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Aaron's delivered an average positive earnings surprise of 10.6% in the trailing four quarters.
The Children's Place delivered an average positive earnings surprise of 39% in the trailing four quarters and has a long-term earnings growth rate of 8%.
Best Buy delivered an average positive earnings surprise of 27.7% in the trailing four quarters and has a long-term earnings growth rate of 10.8%.
5 Trades Could Profit ""Big-League"" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Coach, Inc. (COH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors interested in the retail space may consider some better-ranked stocks such as Aaron's, Inc. AAN and The Children's Place, Inc. PLCE both flaunting a Zacks Rank #1 (Strong Buy), and Best Buy Co., Inc. BBY carrying a Zacks Rank #2 (Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Coach, Inc. (COH): Free Stock Analysis Report To read this article on Zacks.com click here. Sales growth were hurt by 150 basis points on account of management's efforts to elevate the Coach brand's positioning in the North American wholesale channel by lowering promotional events and door closures.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Coach, Inc. (COH): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the retail space may consider some better-ranked stocks such as Aaron's, Inc. AAN and The Children's Place, Inc. PLCE both flaunting a Zacks Rank #1 (Strong Buy), and Best Buy Co., Inc. BBY carrying a Zacks Rank #2 (Buy). Sales in Greater China fell 2% in dollar terms but jumped 2% on a constant currency basis attributable to positive comparable store sales and sturdy performance in Mainland China, offset by continued sluggishness witnessed across Hong Kong and Macau.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Coach, Inc. (COH): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the retail space may consider some better-ranked stocks such as Aaron's, Inc. AAN and The Children's Place, Inc. PLCE both flaunting a Zacks Rank #1 (Strong Buy), and Best Buy Co., Inc. BBY carrying a Zacks Rank #2 (Buy). Sales in Greater China fell 2% in dollar terms but jumped 2% on a constant currency basis attributable to positive comparable store sales and sturdy performance in Mainland China, offset by continued sluggishness witnessed across Hong Kong and Macau.
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Investors interested in the retail space may consider some better-ranked stocks such as Aaron's, Inc. AAN and The Children's Place, Inc. PLCE both flaunting a Zacks Rank #1 (Strong Buy), and Best Buy Co., Inc. BBY carrying a Zacks Rank #2 (Buy). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Coach, Inc. (COH): Free Stock Analysis Report To read this article on Zacks.com click here. Management highlighted that net sales for the Coach brand aggregated $915 million (down 4%), while that of Stuart Weitzman brand totaled $80 million (up 1%) for the quarter.
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fc22fe3e-f783-4285-b552-ce0fa109904a
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9185.0
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2017-05-02 00:00:00 UTC
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Five Breakout Zacks Rank #1 (Strong Buy) Stocks on the Move
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AAN
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https://www.nasdaq.com/articles/five-breakout-zacks-rank-1-strong-buy-stocks-move-2017-05-02
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nan
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nan
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Good news on a day where the market just managed to squeak itself in to the green. A major concern for markets a few weeks ago was Trump's ability to get legislation passed. Skepticism ruled the day and traders were worried that he may not be able to get all these wonderful tax cuts and infrastructure spending plans approved. Today the market really didn't care that Trump's budget got eviscerated and Congress passed a bill that essentially kicked the can down the road.
Check out Dave's Daily Dive video above where he breaks down the market action today!!!
Each day, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dives into the charts, pointing out key price action and levels for you to watch.
But it doesn't stop there because the highlight of today's video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks he covers today include:
Aaron's AAN
Aaron's, Inc. operates an omnichannel provider of lease-purchase solutions. It operates through five segments: Sales and Lease Ownership, Progressive, DAMI, Franchise, and Manufacturing. The company engages in the sale, lease ownership, and specialty retailing of furniture, consumer electronics, home appliances, and accessories. As of February 17, 2017, it operated approximately 1,860 company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform.
AGCO Corp AGCO
AGCO CORP. is engaged in the manufacturer and distribution of farm equipment, machinery and replacement parts in the United States and Canada. Products include tractors, combines, hay tools and forage equipment and implements.
Brooks Automation BRKS
Brooks Automation, Inc. provides automation and cryogenic solutions for various applications and markets. It operates through two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers critical automated transport, vacuum, and contamination controls solutions and services. The Brooks Life Science Systems segment provides automated cold storage systems; consumables, including various formats of racks, tubes, caps, plates and foils; and instruments used for labeling, bar coding, capping, decapping, auditing, sealing, peeling, and piercing tubes and plates.
Century Casinos CNTY
Century Casinos, Inc. operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. It owns and operates casinos in North America and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada. The company also manages cruise ship-based casinos and a casino in Aruba; and provides gaming services in Argentina.
Exelixis EXEL
Exelixis, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer. The company's products include CABOMETYX for the treatment of patients with advanced renal cell carcinoma, who have received prior anti-angiogenic therapy; and COMETRIQ for the treatment of patients with progressive, metastatic medullary thyroid carcinoma.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Century Casinos, Inc. (CNTY): Free Stock Analysis Report
Brooks Automation, Inc. (BRKS): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
AGCO Corporation (AGCO): Free Stock Analysis Report
Exelixis, Inc. (EXEL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The list of stocks he covers today include: Aaron's AAN Aaron's, Inc. operates an omnichannel provider of lease-purchase solutions. Click to get this free report Century Casinos, Inc. (CNTY): Free Stock Analysis Report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Exelixis, Inc. (EXEL): Free Stock Analysis Report To read this article on Zacks.com click here. Today the market really didn't care that Trump's budget got eviscerated and Congress passed a bill that essentially kicked the can down the road.
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Click to get this free report Century Casinos, Inc. (CNTY): Free Stock Analysis Report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Exelixis, Inc. (EXEL): Free Stock Analysis Report To read this article on Zacks.com click here. The list of stocks he covers today include: Aaron's AAN Aaron's, Inc. operates an omnichannel provider of lease-purchase solutions. It operates through two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems.
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Click to get this free report Century Casinos, Inc. (CNTY): Free Stock Analysis Report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Exelixis, Inc. (EXEL): Free Stock Analysis Report To read this article on Zacks.com click here. The list of stocks he covers today include: Aaron's AAN Aaron's, Inc. operates an omnichannel provider of lease-purchase solutions. But it doesn't stop there because the highlight of today's video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today.
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Click to get this free report Century Casinos, Inc. (CNTY): Free Stock Analysis Report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Exelixis, Inc. (EXEL): Free Stock Analysis Report To read this article on Zacks.com click here. The list of stocks he covers today include: Aaron's AAN Aaron's, Inc. operates an omnichannel provider of lease-purchase solutions. But it doesn't stop there because the highlight of today's video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today.
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db1976fd-42fc-44d9-8743-2304d697edd2
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9186.0
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2017-05-01 00:00:00 UTC
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Aaron's (AAN) Beats on Q1 Earnings & Sales, Stock Gains
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AAN
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https://www.nasdaq.com/articles/aarons-aan-beats-on-q1-earnings-sales-stock-gains-2017-05-01
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nan
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nan
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Aaron's, Inc.AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. While the bottom line marked its fourth straight beat, top line broke its four-quarter long negative surprise trend. Shares of this Atlanta-based company surged 11.9% following the sturdy results. Further, the stock yielded 45.1% in the past six months, outperforming the Zacks categorized Retail - Consumer Electronics industry's gain of 36.1%.
The company posted adjusted earnings of 80 cents per share, which outpaced the Zacks Consensus Estimate of 66 cents and rose 12.7% from the prior-year quarter. Including one-time items, the company reported earnings of 74 cents per share, which improved 8.8% year over year.
Results gained from superb Progressive Leasing performance, along with strong execution at Aaron's Business. These factors contributed to greater customer count, and lease revenues, alongside boosting the bottom line.
However, this rent-to-own company's top line dipped 1.2% to $844.6 million, though it exceeded the Zacks Consensus Estimate of $833.3 million. The downside can mainly be attributed to a fall in revenues at the Aaron's Business and a decline in comparable store sales (comps).
Comps at company-operated stores dropped 9.3%, while the customer count on a same-store basis fell 5.9%. At quarter end, the company-operated Aaron's stores had 937,000 customers, reflecting a 6.7% year-over-year decline. Further, Aaron's franchisee revenues declined 7.8% to $230.4 million in the reported quarter. Comps at the company's franchise stores decreased 4.9%, while same-store customer count declined 4.1%. The franchisees had a customer base of 520,000, representing a 7.5% decline year over year.
The company's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased 5.2% year over year to $109.4 million. In addition, the adjusted EBITDA margin improved 80 basis points (bps) to about 13% in the quarter.
Segment Details
Aaron's, which carries a Zacks Rank #3 (Hold), operates through three primary businesses: Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively, the Aaron's Business); the Progressive virtual lease-to-own business; and Dent-A-Med, Inc. - DAMI.
Aaron's Business
Aaron's Business' total revenues declined 13.4% to $470.2 million in the reported quarter. Moreover, lease revenues and fees were down 13.2% during the quarter. Non-retail sales also plunged nearly 12.6 in the quarter.
On May 13, 2016, the company sold the assets of its HomeSmart unit, which recorded revenues of $17.8 million in first-quarter 2016. Excluding the HomeSmart unit, total revenue for the segment fell 10.5% in the quarter.
Adjusted EBITDA for the Aaron's Business segment was $61.2 million, down 13.7% from the year-ago figure of $70.9 million. Also, EBITDA margin contracted 10 bps to 13%.
Progressive
Progressive revenues came in at $366.1 million in first-quarter 2017, marking a 19.4% year-over-year surge. This was driven by a 38% rise in the number of active doors in the quarter, though invoice volume per active door fell 12.8%. Progressive had 604,000 customers as of Mar 31, 2017, representing 19% year-over-year growth.
The segment's EBITDA was $48.5 million for the quarter, compared with $34.8 million in the year-ago quarter. Also, EBITDA margin expanded 190 bps to 13.2%.
DAMI
Revenues at the DAMI segment were $8.2 million in the reported quarter, significantly up from $4.8 million in the same year-ago period.
Financial Position
Aaron's ended the quarter with cash and cash equivalents of $348.5 million, debt of $484.7 million, and total shareholders' equity of $1,500.2 million.
During the first quarter, the company generated cash from operations of $104.2 million. Additionally, Aaron's repurchased 1.2 million shares for roughly $34 million in the first quarter. Further, the company had an authorization to buy back 7.9 million shares as of Mar 31, 2017.
For 2017, management still expects capital expenditures in the band of $60-$80 million.
Store Update
In first-quarter 2017, Aaron's shut down or consolidated one company-operated outlet and nine franchisee outlets, while it sold nine company-operated stores. As of Mar 31, 2017, Aaron's had a total of 1,155 company-operated stores and 688 franchised stores.
Clearly, the company is on track with its strategy of closing down the underperforming stores in order to right size its operating scale. In fact, management identified nearly 70 outlets to be shut down in second-quarter 2017. Overall, the company anticipates incurring a pre-tax charge worth $13 million in 2017, on account of the store closures.
Guidance
Management remains pleased with its start to 2017 that was backed by solid execution at the Aaron's business and continued strength at the Progressive business. Going forward, the company remains optimistic of growing Progressive business further, and it continues to focus on transforming Aaron's direct-to-consumer operations.
Consequently, management reiterated its outlook for 2017. Aaron's expects total revenue (excluding franchisees' revenues) in the range of $3.10-$3.31 billion. Segment-wise, total revenue for Aaron's Business are projected in the band of $1.68-$1.78 billion, including lease revenue of $1.30-$1.40 billion. Further, revenues at Progressive and DAMI segments are estimated in the band of $1.40-$1.50 billion and $25-$35 million, respectively.
In addition, comps at Aaron's Business segment are expected to decline in the range of 8-12%.
The company's adjusted EBITDA is projected in the range of $320−$353 million. On a segmental basis, Aaron's Business adjusted EBITDA is expected in the range of $155−$170 million. Adjusted EBITDA for the Progressive division is guided at $170−$185 million. Moreover, EBITDA at DAMI segment is estimated in the range of negative $2 million-$5 million.
Management anticipates 2017 adjusted earnings in the band of $2.15-2.40 per share, while GAAP earnings are projected in the $1.85-$2.10 range. The Zacks Consensus Estimate for 2017 is currently pegged at $2.29 per share.
Key Picks in the Retail Space
Better-ranked stocks in the Retail-Wholesale sector include Best Buy Co., Inc. BBY , The Children's Place, Inc. PLCE and Wal-Mart Stores, Inc. WMT . While Best Buy and Children's Place sport a Zacks Rank #1 (Strong Buy) each, Wal-Mart carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Best Buy, with a long-term earnings growth rate of 10.8%, has posted an average beat of 27.7% in the past four quarters.
Children's Place, with a long-term earnings growth rate of 8%, has an average beat of 39% in the past four quarters.
Wal-Mart has a long-term earnings growth rate of 6.1%. Further, the stock has a superb earnings surprise history.
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. Further, the stock yielded 45.1% in the past six months, outperforming the Zacks categorized Retail - Consumer Electronics industry's gain of 36.1%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. Aaron's Business Aaron's Business' total revenues declined 13.4% to $470.2 million in the reported quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. Segment Details Aaron's, which carries a Zacks Rank #3 (Hold), operates through three primary businesses: Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively, the Aaron's Business); the Progressive virtual lease-to-own business; and Dent-A-Med, Inc. - DAMI.
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Aaron's, Inc.AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Wal-Mart Stores, Inc. (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. Further, Aaron's franchisee revenues declined 7.8% to $230.4 million in the reported quarter.
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c0ff231f-2491-4b95-aab1-2bdb1ae566eb
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9187.0
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2017-05-01 00:00:00 UTC
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Stock Market News for May 01, 2017
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AAN
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https://www.nasdaq.com/articles/stock-market-news-for-may-01-2017-2017-05-01
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nan
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nan
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Benchmarks finished in the red on Friday, as the U.S. economy recorded its slowest first quarter growth in three years. Investors also remained cautious about the Trump Administration's outline for tax-reform plan. Meanwhile, strong earnings performance by Amazon and Alphabet lifted investor sentiment, which helped trim losses for the broader market.
For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article.
The Dow Jones Industrial Average (DJI) declined 0.2% to close at 20,940.51. The S&P 500 fell 0.2% to close at 2,384.20. The tech-laden Nasdaq Composite Index declined 1.33 points to close at 6,047.61 after reaching to an intraday high of 6,074.04. The fear-gauge CBOE Volatility Index (VIX) gained 5.4% to 10.92. A total of around 3.7 billion shares were traded in NYSE on Friday. Decliners outpaced advancing stocks on the NYSE. For 59% stocks that declined, 37% advanced.
First Quarter GDP Growth
The U.S. economy grew at its slowest pace in the first quarter in three years, owing to the smallest increase in consumer spending since the end of 2009. As per the Bureau of Economic Analysis, real gross domestic product (GDP) increased at an annual rate of 0.7% in the first quarter of 2017, missing the Zacks Consensus Estimate of 1.2%. The last quarter of 2016 recorded a real GDP growth of 2.1%.
The slowdown in first quarter GDP growth is primarily attributable to sluggish consumer spending. Consumer spending increased 0.3%, marking the smallest increase since the last quarter of 2009. Number of purchases of durable goods, including big-ticket items, such as cars and refrigerators dropped. Spending on services also recorded its slowest growth in four years. Government spending at state and local levels also declined 1.7%, marking its largest fall in four years.
GDP growth was dragged down by almost a percentage point by low inventory investment. Meanwhile, fixed business investment gained 10.4% and was accountable for bulk of the GDP growth in the first quarter. Economic data released this week had a negative impact on investors' confidence, which ultimately had an adverse impact on the broader market.
Tax Reform Outline
On Wednesday, Trump administration rolled out a single page outline of tax-reform plan which included reduction of individual and corporate rates and simplification of the tax code. The plan promised to reduce the corporate tax rate to 15% from 35%. It also promised to slash the top income tax rate from 39.6% to 35%.
However, investors were disappointed as they had expected some more details about the tax-reform package from Trump administration.
Earnings Results
Amazon.com AMZN released fourth-quarter fiscal 2016 financial results, with both earnings and revenues exceeding estimates. The company reported earnings of $1.48 per share in the reported quarter, beating the Zacks Consensus Estimate of $1.03. Moreover, the company saw revenue figures of $35.7 billion, surpassing the Zacks Consensus Estimate of $35.39 billion. Strong cloud computing sales, higher revenues from advertising and media streaming services also contributed to its better-than-expected quarterly results. Shares of the company advanced 0.7%.
Shares of Alphabet Inc GOOGL gained 3.7% following the release of its first quarter fiscal 2017 financial results. The company reported earnings of $7.73 per share, surpassing the Zacks Consensus Estimate of $7.24 per share. The company posted revenues of $20.12 billion, beating the Zacks Consensus Estimate of $19.65 billion. The impressive performance is attributable to benefit from its ongoing investments in product innovation. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Strong earnings results from Amazon and Alphabet had a positive impact on the investors' sentiment which ultimately helped Nasdaq curb some losses.
Weekly Results
For the week, the Nasdaq, S&P 500 and Dow advanced 2.3%, 1.5% and 1.9% respectively. The S&P 500 recorded its best weekly gain since end of February 2017. Meanwhile, the Nasdaq closed above 6,000 for the first time ever since its inception in 1971. Some of the top companies continued to post strong performances in the earnings season. Meanwhile, sales of newly-constructed homes in March increased 5.8% above its revised February rate.
Monthly Results
For the month, the Nasdaq, S&P 500 and Dow advanced 2.3%, 0.9% and 1.3% respectively. During the month, benchmarks suffered a setback due to weak auto sales data, a dip in manufacturing growth and rise in geopolitical tensions. Meanwhile, retail sales fell in March for two consecutive months, posting their worst two-month stretch in two years due to weak demand in automobile sector. However, strong quarterly earnings reports from companies helped benchmarks finish in green for the month.
Stocks that made Headlines
FEMSA Lags Earnings and Revenues in Q1, Stock Gains
Fomento Economico Mexicano S.A.B. de C.V. FMX , alias FEMSA, posted first-quarter 2017 net majority income of 49 cents per ADS (Ps. 92 cents per FEMSA unit), falling much below the Zacks Consensus Estimate of 62 cents. ( Read More )
Aaron's Beats on Q1 Earnings & Sales, Stock Gains
Aaron's, Inc. AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. ( Read More )
BP to Sell Stake in SECCO to Sinopec Unit for $1.68 Billion
Energy giant BP Plc BP recently declared that it has inked an agreement to divest its 50% stake in Shanghai SECCO Petrochemical Company Limited to China Petroleum & Chemical Corporation or Sinopec's SNP subsidiary, Gaoqiao Petrochemical Co Ltd., for $1.68 billion. ( Read More )
Zacks' Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades from value to momentum from stocks under $10 to ETF and option moves from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Alphabet Inc. (GOOGL): Free Stock Analysis Report
China Petroleum & Chemical Corporation (SNP): Free Stock Analysis Report
Fomento Economico Mexicano S.A.B. de C.V. (FMX): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
BP p.l.c. (BP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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( Read More ) Aaron's Beats on Q1 Earnings & Sales, Stock Gains Aaron's, Inc. AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. de C.V. (FMX): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BP p.l.c. As per the Bureau of Economic Analysis, real gross domestic product (GDP) increased at an annual rate of 0.7% in the first quarter of 2017, missing the Zacks Consensus Estimate of 1.2%.
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de C.V. (FMX): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BP p.l.c. ( Read More ) Aaron's Beats on Q1 Earnings & Sales, Stock Gains Aaron's, Inc. AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. Strong earnings results from Amazon and Alphabet had a positive impact on the investors' sentiment which ultimately helped Nasdaq curb some losses.
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( Read More ) Aaron's Beats on Q1 Earnings & Sales, Stock Gains Aaron's, Inc. AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. de C.V. (FMX): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BP p.l.c. The company reported earnings of $1.48 per share in the reported quarter, beating the Zacks Consensus Estimate of $1.03.
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( Read More ) Aaron's Beats on Q1 Earnings & Sales, Stock Gains Aaron's, Inc. AAN came out with robust first-quarter 2017 results, wherein both earnings and sales surpassed estimates. de C.V. (FMX): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BP p.l.c. For 59% stocks that declined, 37% advanced.
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40e6a47a-5661-4d53-8041-3b6135c32c0c
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9188.0
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2017-05-01 00:00:00 UTC
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Strength Seen in Aaron's (AAN): Stock Adds 12% in Session
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AAN
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https://www.nasdaq.com/articles/strength-seen-in-aarons-aan%3A-stock-adds-12-in-session-2017-05-01
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Aaron's, Inc. 's AAN was a big mover last session, as the company saw its shares rise almost 12% in the last trading session. The move came after the company reported solid first-quarter 2017 results. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 20.4% in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Friday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, Aaron's carries a Zacks Rank #3 (Hold).
Aaron's, Inc. Price
Aaron's, Inc. Price | Aaron's, Inc. Quote
A better-ranked stock in the same industry is Best Buy Co., Inc. BBY , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is AAN going up? Or down? Predict to see what others think: Up or Down
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trade >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc. 's AAN was a big mover last session, as the company saw its shares rise almost 12% in the last trading session. Is AAN going up? Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. 's AAN was a big mover last session, as the company saw its shares rise almost 12% in the last trading session. Is AAN going up?
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. 's AAN was a big mover last session, as the company saw its shares rise almost 12% in the last trading session. Is AAN going up?
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Aaron's, Inc. 's AAN was a big mover last session, as the company saw its shares rise almost 12% in the last trading session. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Is AAN going up?
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1cbe0295-142a-4f8f-84cc-572ca14b5d9b
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9189.0
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2017-05-01 00:00:00 UTC
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Aaron's Reaches Analyst Target Price
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AAN
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https://www.nasdaq.com/articles/aarons-reaches-analyst-target-price-2017-05-01
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nan
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nan
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In recent trading, shares of Aaron's Inc (Symbol: AAN) have crossed above the average analyst 12-month target price of $34.20, changing hands for $35.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 5 different analyst targets contributing to that average for Aaron's Inc, but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $30.00. And then on the other side of the spectrum one analyst has a target as high as $37.00. The standard deviation is $2.588.
But the whole reason to look at the average AAN price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAN crossing above that average target price of $34.20/share, investors in AAN have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $34.20 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Aaron's Inc:
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on AAN - FREE .
The Top 25 Broker Analyst Picks of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In recent trading, shares of Aaron's Inc (Symbol: AAN) have crossed above the average analyst 12-month target price of $34.20, changing hands for $35.94/share. But the whole reason to look at the average AAN price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAN crossing above that average target price of $34.20/share, investors in AAN have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $34.20 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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In recent trading, shares of Aaron's Inc (Symbol: AAN) have crossed above the average analyst 12-month target price of $34.20, changing hands for $35.94/share. But the whole reason to look at the average AAN price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAN crossing above that average target price of $34.20/share, investors in AAN have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $34.20 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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And so with AAN crossing above that average target price of $34.20/share, investors in AAN have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $34.20 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Aaron's Inc (Symbol: AAN) have crossed above the average analyst 12-month target price of $34.20, changing hands for $35.94/share. But the whole reason to look at the average AAN price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of Aaron's Inc (Symbol: AAN) have crossed above the average analyst 12-month target price of $34.20, changing hands for $35.94/share. But the whole reason to look at the average AAN price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAN crossing above that average target price of $34.20/share, investors in AAN have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $34.20 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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b0623580-c6f6-4adc-959f-0bfa1c4e39cc
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9190.0
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2017-04-28 00:00:00 UTC
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Why Aaron's, Inc. Stock Jumped Today
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AAN
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https://www.nasdaq.com/articles/why-aarons-inc-stock-jumped-today-2017-04-28
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nan
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nan
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What happened
Shares of Aaron's, Inc. (NYSE: AAN) were surging today after the rent-to-own retailer posted a strong first-quarter earnings report. As of 2:48 p.m. EDT, the stock was up 11.7%.
So what
Aaron's, which specializes in selling consumer durables, like furniture and electronics, through "lease-purchase solutions," topped estimates on both top and bottom lines. The retailer said earnings per share increased from $0.71 to $0.80, easily beating the consensus at $0.66. However, revenue fell 1.2%, to $844.6 million, but that was still better than the Wall Street view at $833.3 million.
Same-store sales actually dropped 9.3% in the period, as the company is in the process of rationalizing its store base and closing underperforming stores, but that decline was balanced out by the Progressive Leasing division, where sales grew 19.7%.
CEO John Robinson said the company was "very pleased with the results," and noted improvements in both Progressive Leasing and the Aaron's business, such as operational execution and the direct-to-consumer platform.
Now what
Looking ahead, the company maintained its full-year guidance, calling for revenues of $3.1 billion-$3.31 billion and adjusted earnings per share of $2.15-$2.40. While it may be disappointing for the company to not raise guidance after such a quarter, the growth in leasing is promising, as is a strong quarterly report by rival Conn's , indicating solid demand in the industry.
Since only one quarter of the year has passed, management may be hesitant to raise full-year guidance, but if the company continues to execute, it will surely beat those figures.
10 stocks we like better than Aaron's
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Aaron's wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of April 3, 2017
Jeremy Bowman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What happened Shares of Aaron's, Inc. (NYSE: AAN) were surging today after the rent-to-own retailer posted a strong first-quarter earnings report. CEO John Robinson said the company was "very pleased with the results," and noted improvements in both Progressive Leasing and the Aaron's business, such as operational execution and the direct-to-consumer platform. Since only one quarter of the year has passed, management may be hesitant to raise full-year guidance, but if the company continues to execute, it will surely beat those figures.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of Aaron's, Inc. (NYSE: AAN) were surging today after the rent-to-own retailer posted a strong first-quarter earnings report. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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What happened Shares of Aaron's, Inc. (NYSE: AAN) were surging today after the rent-to-own retailer posted a strong first-quarter earnings report. While it may be disappointing for the company to not raise guidance after such a quarter, the growth in leasing is promising, as is a strong quarterly report by rival Conn's , indicating solid demand in the industry. 10 stocks we like better than Aaron's When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
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What happened Shares of Aaron's, Inc. (NYSE: AAN) were surging today after the rent-to-own retailer posted a strong first-quarter earnings report. That's right -- they think these 10 stocks are even better buys. *Stock Advisor returns as of April 3, 2017 Jeremy Bowman has no position in any stocks mentioned.
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9abd8a3d-1fa9-4ab3-8815-f1769148b2cc
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9191.0
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2017-04-28 00:00:00 UTC
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Consumer Sector Update for 04/28/2017: CVNA,AAN,VNCE
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AAN
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https://www.nasdaq.com/articles/consumer-sector-update-04282017-cvnaaanvnce-2017-04-28
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nan
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Top Consumer Stocks
WMT -0.30%
MCD -0.71%
DIS -0.29%
CVS -0.31%
KO +0.27%
Consumer stocks fell Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.1% while shares of consumer discretionary firms in the S&P 500 were sliding 0.4%.
In company news, shares of online used vehicle-seller Carvana ( CVNA ) were stuck in the shop Friday after last night pricing its IPO at $15 apiece, beginning the session in a 10% hole at $13.50 a share and continuing to drift lower as trading nears the closing bell.
One factor that may be weighing on Carvana shares Friday was more signs of slowing car sales earlier in the Commerce Department's initial read of Q1 gross domestic product. Industry experts and Wall Street analysts have pointed to declining values for used vehicles as the U.S. auto market cools somewhat after a six-year expansion.
In other sector news,
(+) AAN, Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Revenue falls 1.1% from year-ago levels to $844.6 mln, also beating the $830.44 mln estimate.
(-) VNCE, Reports adjusted Q4 net loss of $0.15 per share comes in $0.10 per share wider than two-analyst consensus call. Revenue declines 21.9% from last year to $63.9 mln, also lagging the $74.55 mln two-analyst call.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In other sector news, (+) AAN, Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. In company news, shares of online used vehicle-seller Carvana ( CVNA ) were stuck in the shop Friday after last night pricing its IPO at $15 apiece, beginning the session in a 10% hole at $13.50 a share and continuing to drift lower as trading nears the closing bell. One factor that may be weighing on Carvana shares Friday was more signs of slowing car sales earlier in the Commerce Department's initial read of Q1 gross domestic product.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In other sector news, (+) AAN, Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Consumer stocks fell Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.1% while shares of consumer discretionary firms in the S&P 500 were sliding 0.4%.
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In other sector news, (+) AAN, Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Consumer stocks fell Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.1% while shares of consumer discretionary firms in the S&P 500 were sliding 0.4%. In company news, shares of online used vehicle-seller Carvana ( CVNA ) were stuck in the shop Friday after last night pricing its IPO at $15 apiece, beginning the session in a 10% hole at $13.50 a share and continuing to drift lower as trading nears the closing bell.
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In other sector news, (+) AAN, Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Consumer stocks fell Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.1% while shares of consumer discretionary firms in the S&P 500 were sliding 0.4%. (-) VNCE, Reports adjusted Q4 net loss of $0.15 per share comes in $0.10 per share wider than two-analyst consensus call.
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9192.0
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2017-04-28 00:00:00 UTC
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Consumer Sector Update for 04/28/2017: TRVG,EXPE,AAN,VNCE
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AAN
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https://www.nasdaq.com/articles/consumer-sector-update-04282017-trvgexpeaanvnce-2017-04-28
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Top Consumer Stocks
WMT -0.35%
MCD -0.51%
DIS -0.27%
CVS -0.51%
KO +0.10%
Consumer stocks were falling Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.2% while shares of consumer discretionary firms in the S&P 500 were sliding more than 0.3% lower.
In company news, American depository shares of Trivago NV ( TRVG ) jumped out to an all-time high on Friday after the online hotel search and reservation platform late yesterday raised its FY17 financial outlook.
Trivago today rose over 15% to a best-ever $17.52 per ADS as it increased its forecast for FY17 revenue growth to around 50% compared with the consensus view looking for a 45.2% rise. The company also is projecting a "slight" gain in its FY17 non-GAAP earnings before interest, taxes, depreciation and amortization margin over last year.
Trivago will report its Q1 results on May 15.
In other sector news,
(+) AAN, (+10.9%) Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Revenue falls 1.1% from year-ago levels to $844.6 mln, also beating the $830.44 mln.
(-) VNCE, (-36.5%) Reports adjusted Q4 net loss of $0.15 per share comes in $0.10 per share wider than two-analyst consensus call. Revenue declines 21.9% from last year to $63.9 mln, also lagging the $74.55 mln two-analyst call.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In other sector news, (+) AAN, (+10.9%) Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. In company news, American depository shares of Trivago NV ( TRVG ) jumped out to an all-time high on Friday after the online hotel search and reservation platform late yesterday raised its FY17 financial outlook. Trivago today rose over 15% to a best-ever $17.52 per ADS as it increased its forecast for FY17 revenue growth to around 50% compared with the consensus view looking for a 45.2% rise.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In other sector news, (+) AAN, (+10.9%) Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Consumer stocks were falling Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.2% while shares of consumer discretionary firms in the S&P 500 were sliding more than 0.3% lower.
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In other sector news, (+) AAN, (+10.9%) Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Consumer stocks were falling Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.2% while shares of consumer discretionary firms in the S&P 500 were sliding more than 0.3% lower. In company news, American depository shares of Trivago NV ( TRVG ) jumped out to an all-time high on Friday after the online hotel search and reservation platform late yesterday raised its FY17 financial outlook.
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In other sector news, (+) AAN, (+10.9%) Non-GAAP Q1 EPS of $0.80 exceeds Capital IQ consensus by $0.14 per share. Consumer stocks were falling Friday, with shares of consumer staples companies in the S&P 500 retreating nearly 0.2% while shares of consumer discretionary firms in the S&P 500 were sliding more than 0.3% lower. (-) VNCE, (-36.5%) Reports adjusted Q4 net loss of $0.15 per share comes in $0.10 per share wider than two-analyst consensus call.
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0f6d83df-a2f2-45d2-8ef3-56b46b683898
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9193.0
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2017-04-04 00:00:00 UTC
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Conn's Inks Deal with Progressive to Augment Credit Sales
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AAN
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https://www.nasdaq.com/articles/conns-inks-deal-with-progressive-to-augment-credit-sales-2017-04-04
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Conn's, Inc.CONN recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering.
Conn's is a renowned specialty retailer of furniture and mattresses; home appliances; consumer electronics and home office products, and is also a provider of consumer credit solutions. Progressive Leasing forms a significant segment of Aaron's, which is an omnichannel provider of lease-purchase solutions.
The three-year exclusive partnership with Progressive Leasing is a result of Conns' review of its third-party lease-to-own strategy. The company had commenced this review back in the summer of 2016, in a drive to boost its sales. In this regard, Conn's turned down the option of renewing its one-year exclusive deal with Acceptance Now and thereafter terminated the latter's services in various Conn's locations.
The motive behind these actions was to test other lease-to-own alternatives, which in turn culminated into Conn's aforementioned deal with Progressive. After a full-fledged review, Conn's chose Progressive, as it is most likely to benefit from Progressive's growth-oriented culture, solid balance sheet and efficient decision-making capacity.
Given this credibility, Progressive is deemed to be a superb partner for Conn's, thus helping it revive its in-house credit space, which witnessed a 5.2% drop in revenues in the last reported quarter. The company has seen its stock price plunge 36.4% over the last three months, as against the Zacks categorized Retail - Consumer Electronics industry's rise of 9.4%.
On the other hand, Progressive contributed $324.0 million to Aaron's revenues in the last reported quarter, marking a 17.3% year-over-year surge. Thus, the company believes that partnership with Progressive is likely to take it closer to its goal of augmenting its lease-to-own revenues.
Conn's anticipates having Progressive's services in select stores from May 2017, with the complete rollout expected in the beginning of June.
Zacks Rank & Key Picks
Conn's currently carries a Zacks Rank #3 (Hold).
Better-ranked retail stocks include Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE , sporting a Zacks Rank #1 (Strong Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here.
Best Buy has delivered positive earnings surprise consistently in the last four quarters. The stock has a long-term growth rate of 9.7%.
Children's Place has an average positive earnings surprise of 39% in the trailing four quarters. The stock has a long-term growth rate of 8%.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Conn's, Inc.CONN recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. The three-year exclusive partnership with Progressive Leasing is a result of Conns' review of its third-party lease-to-own strategy.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Conn's, Inc.CONN recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Better-ranked retail stocks include Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE , sporting a Zacks Rank #1 (Strong Buy) each.
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Conn's, Inc.CONN recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked retail stocks include Best Buy Co., Inc. BBY and The Children's Place, Inc. PLCE , sporting a Zacks Rank #1 (Strong Buy) each.
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Conn's, Inc.CONN recently inked a deal with Aaron's, Inc.'s AAN subsidiary - Progressive Leasing, per which the latter will offer lease-to-own payment solutions to those customers who are not eligible for Conn's proprietary credit offering. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. The three-year exclusive partnership with Progressive Leasing is a result of Conns' review of its third-party lease-to-own strategy.
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76b92b24-826f-476c-a495-a8d123594007
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9194.0
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2017-03-10 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for March 13, 2017
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-march-13-2017-2017-03-10
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on March 13, 2017. A cash dividend payment of $0.027 per share is scheduled to be paid on April 03, 2017. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8% increase over prior dividend payment.
The previous trading day's last sale of AAN was $27.44, representing a -19.81% decrease from the 52 week high of $34.22 and a 33.82% increase over the 52 week low of $20.51.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). AAN's current earnings per share, an indicator of a company's profitability, is $1.91. Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as -.36%, compared to an industry average of -1%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AAN through an Exchange Traded Fund [ETF]?
The following ETF(s) have AAN as a top-10 holding:
First Trust Small Cap Value AlphaDEX Fund ( FYT )
First Trust Small Cap Core AlphaDEX Fund ( FYX ).
The top-performing ETF of this group is FYX with an increase of 10.52% over the last 100 days. FYT has the highest percent weighting of AAN at 0.57%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as -.36%, compared to an industry average of -1%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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The following ETF(s) have AAN as a top-10 holding: First Trust Small Cap Value AlphaDEX Fund ( FYT ) First Trust Small Cap Core AlphaDEX Fund ( FYX ). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on March 13, 2017.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of AAN was $27.44, representing a -19.81% decrease from the 52 week high of $34.22 and a 33.82% increase over the 52 week low of $20.51. The following ETF(s) have AAN as a top-10 holding: First Trust Small Cap Value AlphaDEX Fund ( FYT ) First Trust Small Cap Core AlphaDEX Fund ( FYX ).
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. Interested in gaining exposure to AAN through an Exchange Traded Fund [ETF]? Aaron's, Inc. ( AAN ) will begin trading ex-dividend on March 13, 2017.
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9195.0
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2017-02-24 00:00:00 UTC
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What Makes Aaron's (AAN) a Strong Sell?
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AAN
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https://www.nasdaq.com/articles/what-makes-aarons-aan-a-strong-sell-2017-02-24
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is Aaron's, Inc. AAN , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in AAN.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 6 estimates moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from earnings of$2.47 a share a month ago to its current level of $2.29 per share.
Also, for the current quarter, Aaron's has seen 4 downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to earnings of 66 cents a share from earnings of 78 cents over the past 30 days.
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
The stock also has seen some pretty dismal trading lately, as the share price has dropped 7.4% in the past month.
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
If you are still interested in the Retail - Consumer Electronics industry, you may instead consider a better-ranked stock Best Buy Co., Inc. BBY . The stock currently holds a Zacks Rank #2 (Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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One such stock that you may want to consider dropping is Aaron's, Inc. AAN , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in AAN. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here.
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One such stock that you may want to consider dropping is Aaron's, Inc. AAN , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. A Zacks Rank #4 (Sell) further confirms weakness in AAN.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. One such stock that you may want to consider dropping is Aaron's, Inc. AAN , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in AAN.
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One such stock that you may want to consider dropping is Aaron's, Inc. AAN , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in AAN. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here.
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9196.0
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2017-02-23 00:00:00 UTC
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Xcerra, Aaron and Tesla highlighted as Zacks Bull and Bear of the Day
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AAN
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https://www.nasdaq.com/articles/xcerra-aaron-and-tesla-highlighted-as-zacks-bull-and-bear-of-the-day-2017-02-23
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For Immediate Release
Chicago, IL - February 23, 2017 - Zacks Equity Research highlights Xcerra (NASDAQ: XCRA - Free Report ) as the Bull of the Day Aaron (NYSE: AAN - Free Report ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Tesla Inc.(NASDAQ: TSLA-Free Report) .
Here is a synopsis of all three stocks:
Bull of the Day :
Xcerra (NASDAQ: XCRA - Free Report ) just pulled off a triple play of sorts. The company reported earnings and beat on top, beat on bottom and raised guidance. I love to see stocks beat and raise as these stocks tend to outperform for the next several months. Normally when I see a stock beat and raise, it becomes a Zacks Rank #1 (Strong Buy), but this stock already held the coveted Rank before the report. Now it is the Bull of the Day.
Recent Earnings Report
XCRA beat the Zacks Consensus of a loss of $0.02 by $0.08 when they reported a gain of $0.06 for the most recent quarter. Revenues came in at $80.1M and that was ahead of the $78.9M estimate and represented growth of 10.8% from year ago levels.
Follow Brian Bolan on Twitter @BBolan1
Company Description
Xcerra Corporation engages in designing, manufacturing, and marketing automatic test equipment for the semiconductor industry. Its product portfolio includes Diamond platform; X-Series platform; and ASL platform. The Company also offers various services, such as installation and maintenance of test systems, servicing of spare parts, parts and labor warranties on test systems and instruments, and training on the maintenance and operation of test systems. Xcerra Corporation, formerly known as LTX-Credence Corporation, is headquartered in Norwood, Massachusetts.
Guiding Higher
The company said the next three months are going to be better than what was previously expected. They guided EPS to a range of $0.10 - $0.14 compared to an $0.08 estimate. Revenues are expected to be $95M - $99M compared to the $89.75M estimate.
Further, in the press release the company noted they plan to ship a record number of Diamondx systems during the current quarter.
Estimates
The beat is pretty fresh and all the reports are clearly not in yet. The Zacks Consensus Estimate for 2017 is holding still at $0.22 as is the estimate for 2018 at $0.56.
To me, this means that estimates have not yet moved and we could be in for a big surprise.
Bear of the Day :
Aaron's (NYSE: AAN - Free Report ) recently beat the Wall Street estimate when the company reported earnings on February 17. The company earned $0.50 per share and that was $0.05 ahead of the Wall Street consensus estimate of $0.45.
Revenues came in at $795M, down 3.2% from the year ago period and below the consensus estimate of $814.8M.
Taken together, the revenue miss and earnings beat would probably be a forgivable sin and it certainly would not make it a Zacks Rank #5 (Strong Sell). So why did the Rank fall?
Guidance
The company guided Wall Street below its expectations, and that means that estimates are going to fall. The company said they expect FY2017 EPS of between $2.15 - $2.40 when Wall Street was looking for $2.46.
The Zacks Consensus Estimate for 2017 slipped from $2.47 to $2.28 over the last seven days and there was also a big move lower for the 2018 number. It moved from $2.80 to $2.68.
Not all the estimates are in yet, with a few analysts yet to report back. This could mean that estimates move lower from their already beaten up position.
Company Description
Aaron's is engaged in the sales and lease ownership and specialty retailing of residential and office furniture, consumer electronics, home appliances and accessories. It is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and LCD televisions, computers, living room and bedroom furniture, and refrigerators The company offers products of various brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. Aaron's, Inc. is based in Atlanta, Georgia.
Closing Stores
The company noted that they closed 61 stores in the fourth quarter of 2016. On top of that they also see another 70 stores to close in 2Q17. Logically, the lower number of stores could lead to lower sales in the future.
Guidance for sales was inline, with the company projecting $3.1B - $3.31B when the Wall Street Estimate was calling for $3.26B.
Efficiency better increase per store if AAN is going to meet the sales goals.
Additional content:
Tesla Posts Strong Revenues Despite Q4 Loss, Global Net Orders Up 49%
Tesla Inc. (NASDAQ: TSLA - Free Report) just released its fourth quarter fiscal 2016 earnings results, posting earnings, before non-recurring items, of a loss of $1.25 per share and revenues of $2.28 billion. Currently, TSLA is a #4 (Sell) on the Zacks Rank, and is up 2.12% to $273.51 per share in trading shortly after its earnings report was released.
Missed earnings estimates. The company reported earnings of a loss $1.25 per share, beating the Zacks Consensus estimate of a loss of $1.19 per share. This number excludes 47 cents from non-recurring items.
Beats revenue estimates. The company saw revenues of $2.28 billion, topping our consensus estimate of $2.201 billion and gaining 88.4% year-over-year. Fiscal 2016 revenue came in at $7 billion, up 73% from fiscal 2015.
In Q4, Tesla received 49% more global net orders for Model S and Model X combined, compared to the same period in 2015. The company's Model 3 is on track for initial production to begin this July, and volume production by September.
Third-quarter to fourth-quarter cash grew by over $300 million to $3.4 billion.
Looking ahead, Tesla expects to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017, representing vehicle delivery growth of 61% to 71% compared to the yea-ago period.
Tesla is on track to generate $500 million in cash (including growth of non-recourse project financing) by 2019, and achieve the cost synergies they committed to upon acquiring SolarCity.
Get today's Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
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Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.
This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Xcerra Corporation (XCRA): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Tesla Motors, Inc. (TSLA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - February 23, 2017 - Zacks Equity Research highlights Xcerra (NASDAQ: XCRA - Free Report ) as the Bull of the Day Aaron (NYSE: AAN - Free Report ) as the Bear of the Day. Bear of the Day : Aaron's (NYSE: AAN - Free Report ) recently beat the Wall Street estimate when the company reported earnings on February 17. Efficiency better increase per store if AAN is going to meet the sales goals.
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For Immediate Release Chicago, IL - February 23, 2017 - Zacks Equity Research highlights Xcerra (NASDAQ: XCRA - Free Report ) as the Bull of the Day Aaron (NYSE: AAN - Free Report ) as the Bear of the Day. Click to get this free report Xcerra Corporation (XCRA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Tesla Motors, Inc. (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Bear of the Day : Aaron's (NYSE: AAN - Free Report ) recently beat the Wall Street estimate when the company reported earnings on February 17.
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Get the full Report on XCRA - FREE Get the full Report on AAN - FREE Get the full Report on TSLA - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Xcerra Corporation (XCRA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Tesla Motors, Inc. (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - February 23, 2017 - Zacks Equity Research highlights Xcerra (NASDAQ: XCRA - Free Report ) as the Bull of the Day Aaron (NYSE: AAN - Free Report ) as the Bear of the Day.
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Bear of the Day : Aaron's (NYSE: AAN - Free Report ) recently beat the Wall Street estimate when the company reported earnings on February 17. For Immediate Release Chicago, IL - February 23, 2017 - Zacks Equity Research highlights Xcerra (NASDAQ: XCRA - Free Report ) as the Bull of the Day Aaron (NYSE: AAN - Free Report ) as the Bear of the Day. Efficiency better increase per store if AAN is going to meet the sales goals.
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f7932723-7847-4f41-b7f5-d2cd5f42c114
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9197.0
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2017-02-23 00:00:00 UTC
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Bear Of The Day: Aaron's (AAN)
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AAN
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https://www.nasdaq.com/articles/bear-day-aarons-aan-2017-02-23
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nan
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nan
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Aaron's (AAN) recently beat the Wall Street estimate when the company reported earnings on February 17. The company earned $0.50 per share and that was $0.05 ahead of the Wall Street consensus estimate of $0.45.
Revenues came in at $795M, down 3.2% from the year ago period and below the consensus estimate of $814.8M.
Taken together, the revenue miss and earnings beat would probably be a forgivable sin and it certainly would not make it a Zacks Rank #5 (Strong Sell). So why did the Rank fall?
Guidance
The company guided Wall Street below its expectations, and that means that estimates are going to fall. The company said they expect FY2017 EPS of between $2.15 - $2.40 when Wall Street was looking for $2.46.
The Zacks Consensus Estimate for 2017 slipped from $2.47 to $2.28 over the last seven days and there was also a big move lower for the 2018 number. It moved from $2.80 to $2.68.
Not all the estimates are in yet, with a few analysts yet to report back. This could mean that estimates move lower from their already beaten up position.
Company Description
Aaron's is engaged in the sales and lease ownership and specialty retailing of residential and office furniture, consumer electronics, home appliances and accessories. It is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and LCD televisions, computers, living room and bedroom furniture, and refrigerators The company offers products of various brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. Aaron's, Inc. is based in Atlanta, Georgia.
Closing Stores
The company noted that they closed 61 stores in the fourth quarter of 2016. On top of that they also see another 70 stores to close in 2Q17. Logically, the lower number of stores could lead to lower sales in the future.
Guidance for sales was inline, with the company projecting $3.1B - $3.31B when the Wall Street Estimate was calling for $3.26B.
Efficiency better increase per store if AAN is going to meet the sales goals.
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Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aaron's, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's (AAN) recently beat the Wall Street estimate when the company reported earnings on February 17. Efficiency better increase per store if AAN is going to meet the sales goals. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Aaron's (AAN) recently beat the Wall Street estimate when the company reported earnings on February 17. Efficiency better increase per store if AAN is going to meet the sales goals. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Aaron's (AAN) recently beat the Wall Street estimate when the company reported earnings on February 17. Efficiency better increase per store if AAN is going to meet the sales goals. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Aaron's (AAN) recently beat the Wall Street estimate when the company reported earnings on February 17. Efficiency better increase per store if AAN is going to meet the sales goals. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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1bbbe36a-1bbd-46b8-906d-ce7e9beb1423
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9198.0
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2017-02-22 00:00:00 UTC
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YieldBoost AAN From 0.4% To 10.4% Using Options
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AAN
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https://www.nasdaq.com/articles/yieldboost-aan-04-104-using-options-2017-02-22
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nan
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nan
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Shareholders of Aaron's Inc (Symbol: AAN) looking to boost their income beyond the stock's 0.4% annualized dividend yield can sell the August covered call at the $30 strike and collect the premium based on the $1.30 bid, which annualizes to an additional 10% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 10.4% annualized rate in the scenario where the stock is not called away. Any upside above $30 would be lost if the stock rises there and is called away, but AAN shares would have to advance 12% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 16.8% return from this trading level, in addition to any dividends collected before the stock was called.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Aaron's Inc, looking at the dividend history chart for AAN below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.4% annualized dividend yield.
Below is a chart showing AAN's trailing twelve month trading history, with the $30 strike highlighted in red:
The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the August covered call at the $30 strike gives good reward for the risk of having given away the upside beyond $30. ( Do most options expire worthless? This and six other common options myths debunked ). We calculate the trailing twelve month volatility for Aaron's Inc (considering the last 252 trading day closing values as well as today's price of $26.93) to be 35%. For other call options contract ideas at the various different available expirations, visit the AAN Stock Options page of StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Below is a chart showing AAN's trailing twelve month trading history, with the $30 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the August covered call at the $30 strike gives good reward for the risk of having given away the upside beyond $30. Shareholders of Aaron's Inc (Symbol: AAN) looking to boost their income beyond the stock's 0.4% annualized dividend yield can sell the August covered call at the $30 strike and collect the premium based on the $1.30 bid, which annualizes to an additional 10% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 10.4% annualized rate in the scenario where the stock is not called away. Any upside above $30 would be lost if the stock rises there and is called away, but AAN shares would have to advance 12% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 16.8% return from this trading level, in addition to any dividends collected before the stock was called.
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Shareholders of Aaron's Inc (Symbol: AAN) looking to boost their income beyond the stock's 0.4% annualized dividend yield can sell the August covered call at the $30 strike and collect the premium based on the $1.30 bid, which annualizes to an additional 10% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 10.4% annualized rate in the scenario where the stock is not called away. Any upside above $30 would be lost if the stock rises there and is called away, but AAN shares would have to advance 12% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 16.8% return from this trading level, in addition to any dividends collected before the stock was called. Below is a chart showing AAN's trailing twelve month trading history, with the $30 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the August covered call at the $30 strike gives good reward for the risk of having given away the upside beyond $30.
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Shareholders of Aaron's Inc (Symbol: AAN) looking to boost their income beyond the stock's 0.4% annualized dividend yield can sell the August covered call at the $30 strike and collect the premium based on the $1.30 bid, which annualizes to an additional 10% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 10.4% annualized rate in the scenario where the stock is not called away. Any upside above $30 would be lost if the stock rises there and is called away, but AAN shares would have to advance 12% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 16.8% return from this trading level, in addition to any dividends collected before the stock was called. Below is a chart showing AAN's trailing twelve month trading history, with the $30 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the August covered call at the $30 strike gives good reward for the risk of having given away the upside beyond $30.
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Shareholders of Aaron's Inc (Symbol: AAN) looking to boost their income beyond the stock's 0.4% annualized dividend yield can sell the August covered call at the $30 strike and collect the premium based on the $1.30 bid, which annualizes to an additional 10% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 10.4% annualized rate in the scenario where the stock is not called away. Below is a chart showing AAN's trailing twelve month trading history, with the $30 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the August covered call at the $30 strike gives good reward for the risk of having given away the upside beyond $30. For other call options contract ideas at the various different available expirations, visit the AAN Stock Options page of StockOptionsChannel.com.
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2be27da5-e013-428b-a5fd-555dfa2bd40e
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9199.0
|
2017-02-22 00:00:00 UTC
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New Strong Sell Stocks for February 22nd
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AAN
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https://www.nasdaq.com/articles/new-strong-sell-stocks-for-february-22nd-2017-02-22
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
Abaxis, Inc.ABAX develops, manufactures and markets portable blood analysis systems. The Zacks Consensus Estimate for its current year earnings has been revised 0.4% downward over the last 30 days.
Aaron's, Inc.AAN is retailer of residential and office furniture, consumer electronics, home appliances and accessories. The Zacks Consensus Estimate for its current year earnings has been revised 3.6% downward over the last 30 days.
BT Group plcBT is one of the world's leading providers of communications services and solutions. The Zacks Consensus Estimate for its current year earnings has been revised 4.3% downward over the last 30 days.
Bio-Rad Laboratories, Inc.BIO engages in the manufacture and supply of products for the life science research and healthcare. The Zacks Consensus Estimate for its current year earnings has been revised 19.2% downward over the last 30 days.
Buckle, Inc.BKE is a retailer of medium to better-priced casual apparel for the young population. The Zacks Consensus Estimate for its current year earnings has been revised 7.9% downward over the last 30 days.
View the entire Zacks Rank #5 List .
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
BT Group PLC (BT): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
ABAXIS, Inc. (ABAX): Free Stock Analysis Report
Bio-Rad Laboratories, Inc. (BIO): Free Stock Analysis Report
Buckle, Inc. (The) (BKE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's, Inc.AAN is retailer of residential and office furniture, consumer electronics, home appliances and accessories. Click to get this free report BT Group PLC (BT): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report ABAXIS, Inc. (ABAX): Free Stock Analysis Report Bio-Rad Laboratories, Inc. (BIO): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Abaxis, Inc.ABAX develops, manufactures and markets portable blood analysis systems.
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Click to get this free report BT Group PLC (BT): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report ABAXIS, Inc. (ABAX): Free Stock Analysis Report Bio-Rad Laboratories, Inc. (BIO): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is retailer of residential and office furniture, consumer electronics, home appliances and accessories. The Zacks Consensus Estimate for its current year earnings has been revised 0.4% downward over the last 30 days.
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Click to get this free report BT Group PLC (BT): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report ABAXIS, Inc. (ABAX): Free Stock Analysis Report Bio-Rad Laboratories, Inc. (BIO): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is retailer of residential and office furniture, consumer electronics, home appliances and accessories. The Zacks Consensus Estimate for its current year earnings has been revised 0.4% downward over the last 30 days.
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Aaron's, Inc.AAN is retailer of residential and office furniture, consumer electronics, home appliances and accessories. Click to get this free report BT Group PLC (BT): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report ABAXIS, Inc. (ABAX): Free Stock Analysis Report Bio-Rad Laboratories, Inc. (BIO): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Abaxis, Inc.ABAX develops, manufactures and markets portable blood analysis systems.
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8185372c-0722-48a7-ba9d-0356e3999a58
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