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Pro: Netflix's Infamy As IPTV Sector Killer Could Continue
Thursday, September 21, 2017 - 10:29am | 529Read More...Buckingham Research said in a note Wednesday Netflix, Inc. (NASDAQ: NFLX) is likely to remain the global category killer for Internet-Protocol TV. Accordingly, the firm initiated coverage of the company with a Buy rating and a $214 price target, which suggests 16-percent upside from current...
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Was The Foot Locker Sell-Off Overdone?
Monday, August 21, 2017 - 12:14pm | 515Read More...Foot Locker, Inc. (NYSE: FL)’s being benched. Four analysts reiterated and five downgraded the stock to a Hold rating after its Friday earnings whiff, which prompted a 32-percent sell-off. But even as shares continue downward, some see an opportunity for redemption. “We are buyers after...
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Sell-Side Sees Opportunity To Bag Shares Of Coach On Post-Earnings Pullback
Wednesday, August 16, 2017 - 1:31pm | 551Read More...Investors turned their backs on Coach Inc (NYSE: COH) after Tuesday’s mixed earnings report, but Wall Street stood loyally by. The Buckingham Research Group called the 15-percent, $7.50 sell-off “overdone,” while UBS and Baird Equity Research tagged the pullback a buying...
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Dick's Sporting Goods Hit With A Slew Of Downgrades After Record Drop
Wednesday, August 16, 2017 - 1:20pm | 570Read More...Dicks Sporting Goods Inc (NYSE: DKS) experienced its greatest single day share decline after reporting weaker sales and earnings and cutting guidance in its second-quarter earnings report this week. The sporting goods leader was hit with a slew of downgrades, with increasing fears that defending...
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2 Things We Learned About Michael Kors
Tuesday, August 8, 2017 - 11:04am | 476Read More...Michael Kors Holdings Ltd (NYSE: KORS) was up nearly 20 percent on Tuesday after the fashion accessories maker beat quarterly earnings. Buckingham Research Group analyst Scott Krasik had two takeaways from the 2018 first-quarter earnings report: "The Michael Kors brand still has a loyal...
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Wayfair Excels By Any Measure After 'Blowout' Q2
Tuesday, August 8, 2017 - 9:01am | 358Read More...Thanks to a “blowout” second quarter, an analyst reiterated a Buy rating for Wayfair Inc (NYSE: W) after the household goods e-commerce company beat both top- and bottom-line expectations with revenue growth of 46 percent. Wayfair had $1.1 billion in revenues for the quarter, beating...
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4 Reasons Sell-Side Is Questioning Under Armour's Long-Term Story
Thursday, August 3, 2017 - 8:40am | 574Read More...Under Armour Inc (NYSE: UAA)'s fall from grace has really become apparent after delivering disappointing second-quarter results this week. The company lowered 2017 sales guidance and announced a restructuring plan that will see a 2 percent cut in its workforce. Under Armour recently hit a new 52-...
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Hawaiian Holdings Competitive Concerns Are 'Overblown'
Wednesday, July 26, 2017 - 3:10pm | 323Read More...Hawaiian Holdings, Inc. (NYSE: HA) shares plummeted after a second-quarter earnings miss. The miss didn't deter imperial Capital, however, maintaining its Outperform rating and $74 price target, while raising its Q3 EPS estimates on higher unit revenues and lower jet fuel prices. According to...
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United Airlines' Q2 Earnings Fly Over Estimates, But Q3 Forecast Downs Stock
Wednesday, July 19, 2017 - 2:12pm | 425Read More...United Continental Holdings Inc (NYSE: UAL) has had quite the year from a PR perspective, facing some difficult highly public incidents that appeared to tarnish the brand, if not only temporary. These PR disasters didn't stop the airline from delivering a significant second-quarter earnings...
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Skechers' New Product Cycle Earns An Upgrade
Thursday, December 1, 2016 - 1:44pm | 318Read More...Shares of Skechers USA Inc (NYSE: SKX) rose 16 percent after Buckingham upgraded the stock to Buy on the emergence of a new product cycle, which will debut at retail beginning in the second quarter of 2017. Skechers has updated its men's and women's products with new materials and...
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V.F. Corp's Sales Fell Short In Q3, But Not For The Reason Analysts Expected
Tuesday, October 25, 2016 - 4:04pm | 299Read More...Quintessential American brand VF Corp(NYSE: VFC) has been having a tough year. Shares are down nearly 15 percent year-to-date, and several analysts have downgraded the stock and lowered their price targets. Buckingham Research has reiterated its Neutral rating on V.F. Corp but lowered its price...
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Why Are Paper Stocks Higher This Morning?
Monday, October 24, 2016 - 9:42am | 248Read More...Paper stocks are on a tear in Monday's pre-market trading after a decent run up thus far this year. Reason For Movement Buckingham Research raised its estimates and price targets for International Paper Co (NYSE: IP), Packaging Corp Of America (NYSE: PKG) and WestRock Co (NYSE: WRK). Related...
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Buckingham Sees 17% Upside In E*Trade Financial
Saturday, October 22, 2016 - 6:25pm | 241Read More...E*TRADE Financial Corp (NASDAQ: ETFC) shares reacted positively on Friday after posting a strong third-quarter report earlier in the week. E*Trade traded up nearly 6 percent on the day. Management has highlighted some aggressive growth targets for the company that have impressed Buckingham Research...
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Chipotle's Q3 Results Should Show If Promotions Helped Customers Forgive And Forget
Thursday, October 20, 2016 - 3:29pm | 315Read More...Is it possible to forgive and forget when it comes to a tarnished restaurant's reputation? Buckingham research analysts believe that investors will do both when it comes to Chipotle Mexican Grill, Inc. (NYSE: CMG)'s recent food safety issues that heavily weighed on its stock for months. "This...
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Shake Shack In The Early Innings Of Its Growth Story
Thursday, October 20, 2016 - 3:12pm | 355Read More...Buckingham Research Group believes Shake Shack Inc (NYSE: SHAK) is still in its initial growth phase. However, that did not prevent the firm from reducing its comps expectations for the third quarter from 0.5 percent to flat to reflect the soft market conditions. While retaining a Buy rating,...
















