STOCKS TELEGRAPH

Tag: DKS

  • Today’s Morning Alert: Top Movers, Analyst Ratings & Important Earnings

    Today’s Morning Alert: Top Movers, Analyst Ratings & Important Earnings

    On March 8, American stock exchanges finished trading mostly in the red zone. The S&P 500 index fell 0.54% to 3821 points, the Dow Jones added 0.97%, the NASDAQ lost 2.41%. The outsiders were the IT sector (-2.46%) and the communications sector (-1.47%). The “value” stocks continued to outperform the market: the finance, industrial, and raw materials sectors stood out. Treasury yield rises to 1.60%.

    Company News

    GameStop Corp. (GME: + 41.2%) announced the formation of a strategic commission as part of a business model change taking into account new technologies.

    McAfee (MCFE: + 12.7%) will sell corporate business to Symphony Technology Group to focus on consumer cybersecurity.

    Diversified corporation General Electric (GE: + 4.2%) announced that the company is close to a deal to sell a non-core aircraft leasing asset to the Irish group AerCap. The transaction value is more than $ 30 million. 

    Today, global stock markets are showing mixed dynamics. During this day, the focus of attention of investors will be directed to the vote of the House of Representatives on the stimulus package approved earlier by the Senate in the amount of $ 1.9 trillion. Markets are confident that the stimulus package will also be approved by the lower house of the US Congress. Earlier, President Joe Biden said that Americans will be able to receive payments under the program as early as this month.

    Despite the fact that Fed Chairman Jerome Powell and FOMC member Lael Brainard noted that further rate hikes could lead to a slowdown on the way to achieving the Fed’s goals, so far this risk remains moderate. Although the approval of the stimulus package has caused a lot of attacks in connection with the current dynamics of bond rates, however, representatives of the regulator do not express much concern about this trend. Janet Yellen noted that the economy will return to full employment in 2022. Speaking about the stimulus package, the US Treasury Secretary said she did not expect the economy to overheat amid injections of additional capital into the stock market.

    The Freedom Finance Sentiment Index remained at 78 out of 100. The indicator reflects the hope of market participants for a recovery in the global economy in 2021. Concerns about a new wave of the pandemic are balanced by the growing pace of vaccinations.

    Today Top Movers

    Vaccinex Inc. (VCNX) stock soared 3.83% to $2.98 in the pre-market trading. 

    INVO Bioscience Inc (INVO) is up 91.32% to $5.95 in the early morning trading session. The company recently revealed an amendment under its exclusive U.S. commercialization agreement with Ferring Pharmaceuticals. 

    GT Biopharma Inc. (NASDAQ: GTBP) shares are trading up 98.9% at $9.03 at the time of writing after declaring preclinical results for its ROR1 TriKE™ as a treatment for prostate cancer. The company’s 52-week ranged between $1.53 to $13.09. 

    Socket Mobile Inc. (SCKT) grew over 0.13% at $7.64 in pre-market trading today.

    Top Upgrades & Downgrades


    Goldman Sachs turned bullish on Nomura Holdings Inc. (NMR), upgrading the stock to “Buy”. 

    Extended Stay America Inc. (STAY) has won the favor of Baird’s equity research team. The firm upgraded the shares from Neutral to Outperform and moved their price target to $15. 

    Whiting Petroleum Corporation (WLL) received an upgrade from analysts at Wells Fargo, who also set their one-year price target on the stock to $40. They changed their rating on WLL to Overweight from Equal-Weight in a recently issued research note. 

    Earlier Tuesday Wells Fargo reduced its rating on Range Resources Corporation (RRC) stock to Equal-Weight from Overweight and assigned the price target to $14.

    Deutsche Bank analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Stitch Fix Inc. (SFIX) has been changed to Hold from Buy and the new price target is set at $54.

    Analysts at Wells Fargo downgraded SM Energy Company (SM)’s stock to Equal Weight from Overweight Tuesday.

    Latest Insider Activity


    Halliburton Company (HAL) Senior Vice Pres – Tax Jones Myrtle L announced the sale of shares taking place on Mar 05 at $23.50 for some 5,462 shares. The total came to more than $0.13 million. 

    The Gap Inc. (GPS) Brand President & CEO Green Nancy sold on Mar 05 a total of 62,693 shares at $27.00 on average. The insider’s sale generated proceeds of almost $89991.0. 

    The Wendy’s Company (WEN) Chief Legal Ofcr & Secretary Wunsch E.J. declared the purchase of shares taking place on Mar 05 at $18.98 for some 7,500 shares. The transaction amount was around $0.14 million. 

    Dominion Energy Inc. (D) Director Kington Mark J bought on Mar 04 a total 81,089 shares at $69.29 on average. The purchase cost the insider an estimated $138,578.

    Important Earnings

    Top US earnings releases scheduled for today include InspireMD Inc. (AMEX: NSPR). It will announce its Mar 2021 financial results. The company is expected to report earnings of -$0.08 per share from revenues of $1M in the three-month period.

    Analysts expect DICK’S Sporting Goods Inc. (NYSE:DKS) to report a net income (adjusted) of $2.28 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Jan 2021 is predicted to come in at $3.07B. 

    Clean Energy Fuels Corp. (CLNE), due to announce earnings after the market closes today, is expected to report revenues of $71.3M recently concluded three-month period.

  • Top 15 Retail Stocks You Should Tune Into Now

    Top 15 Retail Stocks You Should Tune Into Now

    2020 is the year of unprecedented challenges for many industries including the retail industry. In this period of the pandemic, some retailers will grow vigorously while others strive to survive. The forward-thinking retailers are setting high expectations for the rest of the industry. The adoption of new evolving trends is the main reason behind the prosperity of some retail businesses.

    There are four important trends that are influencing this industry. Those trends include cost reduction, increased power of the consumer, business model evolution, and the value of purpose. The retail industry is implementing new strategies to improve the customer experience. To gain a competitive edge, retailers must invest in modern business strategies and new technologies.

    Let take a quick look at the top 15 leading companies in the specialty retail industry and see how these companies are implementing the new strategies to improve the experience of their customers:

    Bed Bath & Beyond Inc. (NASDAQ: BBBY)

    Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares were trading up 25.13% at $18.75 at the time of writing on Thursday. Bed Bath & Beyond Inc. (NASDAQ: BBBY) share price went from a low point around $3.43 to briefly over $17.79 in the past 52 weeks, though share has since pulled back to $18.75. BBBY market cap has remained high, hitting $2.26B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Bed Bath & Beyond Inc. has shared the financial results for the second quarter of fiscal 2020 ended August 29, 2020. If we look at the recent analyst rating BBBY, Robert W. Baird upgraded coverage on BBBY shares with an Outperform rating and an $11.92 price target, which implies room for -6.83% downside momentum this year.

    Sally Beauty Holdings Inc. (NYSE: SBH)

    Sally Beauty Holdings Inc. (NYSE: SBH) last closed at $9.29, in a 52-week range of $6.28 to $21.98. Analysts have a consensus price target of $14.44. Sally Beauty Holdings Inc. (SBH) has earlier confirmed its commitment to the Canadian stylist community and to the Canadian hair color, hair care, nail, and beauty consumer. The company has also announced the acquisition of La Maison Ami-Co Inc., a professional beauty products distributor in the Canadian province of Quebec, by its subsidiary BSG.

    The Michaels Companies Inc. (NASDAQ: MIK)

    The Michaels Companies Inc. (NASDAQ: MIK) stock soar by 8.34% to $10.46. The most recent rating by Credit Suisse, on September 04, 2020, is at an Outperform. The Michaels Companies Inc. (MIK) has earlier hosted its 2020 Virtual Investor Day to provide an overview of its strategic plan and an update on the Company’s go-to-market transformation to better serve the needs of its Maker customers.

    Blink Charging Co. (NASDAQ: BLNK)

    Blink Charging Co. (NASDAQ: BLNK) Shares headed rising, higher as much as 3.49%. The most recent rating by H.C. Wainwright, on August 14, 2020, is at a Neutral. Blink Charging Co. (BLNK) has disclosed the sale and planned deployment of 14 IQ 200 charging stations at five locations in the City of Richmond, California. Funds have been awarded to the City of Richmond by the Bay Area Air Quality Management District through the Transportation Fund for Clean Air program making this public EV access expansion project possible.

    Party City Holdco Inc. (NYSE: PRTY)

    Party City Holdco Inc. (NYSE: PRTY) rose 3.08% after gaining more than $0.08 on Thursday. Party City Holdco Inc. (PRTY) disclosed that it has decided to hire approximately 20,000 temporary employees and open approximately 25 Halloween City pop-up stores for the Halloween season to support consumers’ needs however they choose to celebrate and shop this year.

    DICK’S Sporting Goods Inc. (DKS)

    DICK’S Sporting Goods Inc. (DKS) last closed at $60.25, in a 52-week range of $13.46 to $59.67. Analysts have a consensus price target of $62.33. DICK’S Sporting Goods Inc. will expand its footprint nationwide with the opening of six DICK’S Sporting Goods stores, two combination DICK’S and Golf Galaxy locations, and three DICK’S Sporting Goods Warehouse Sale locations in October.

    KAR Auction Services Inc. (NYSE: KAR)

    KAR Auction Services Inc. (NYSE: KAR) shares headed rising, higher as much as 5.07%. The most recent rating by Stephens, on October 01, 2020, is at an Overweight. KAR Auction Services Inc. (KAR) has earlier signed a definitive agreement to buy BacklotCars Inc., subject to certain regulatory approvals and other customary closing conditions.

    Williams-Sonoma Inc. (NYSE: WSM)

    Williams-Sonoma Inc. (NYSE: WSM) stock soar by 3.67% to $93.76. The most recent rating by Telsey Advisory Group, on August 27, 2020, is at an Outperform. Williams Sonoma, a member of the Williams-Sonoma, Inc. portfolio of brands, disclosed the launch of a new collaboration with Ghetto Gastro in partnership with kitchen design and manufacturing company, CRUX.

    GameStop Corp. (NYSE: GME)

    GameStop Corp. (NYSE: GME) last closed at $9.77, in a 52-week range of $2.57 to $11.17. Analysts have a consensus price target of $6.20. GameStop Corp. (GME) has moved up 280.16% from its 52-weeks low and has moved down-12.53% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.10. This company market capitalization has remained high, hitting $580.73 million at the time of writing.

    The Container Store Group Inc. (NYSE: TCS)

    The Container Store Group Inc. (NYSE: TCS) stock soar by 25.44% to $7.79. The most recent rating by Goldman, on August 04, 2020, is at a Sell. The Container Store Group Inc. (TCS) share price went from a low point around $1.80 to briefly over $7.82 in the past 52 weeks, though share has since pulled back to $7.79. TCS market cap has remained high, hitting $400.09 million at the time of writing.

    At Home Group Inc. (NYSE: HOME)

    At Home Group Inc. (NYSE: HOME) shares headed rising, higher as much as 2.29%. The most recent rating by Wolfe Research, on September 30, 2020, is at an Outperform. At Home Group Inc. (HOME) share has fluctuated between the low range of $1.20 and a high range of $23.92. It has moved up 1166.67% from it 52-weeks low and moved down -36.45% from its 52-weeks high.

    Best Buy Co. Inc. (NYSE: BBY)

    Best Buy Co. Inc. (NYSE: BBY) rose 2.52% after gaining more than $I2.8 on Thursday. Best Buy Co. Inc. (BBY) share price went from a low point around $48.10 to briefly over $119.48 in the past 52 weeks, though share has since pulled back to $119.48. Best Buy Co. Inc.’s market cap has remained high, hitting $29.20 billion at the time of writing.

    Big 5 Sporting Goods Corporation (NASDAQ: BGFV)

    Big 5 Sporting Goods Corporation (NASDAQ: BGFV) stock soar by 4.95% to $7.85. The most recent rating by Deutsche Bank, on August 02, 2017, is at a Hold. Big 5 Sporting Goods Corporation (BGFV) share has fluctuated between the low range of $0.65 and a high range of $8.47. It has moved up 1107.69% from it 52-weeks low and moved down -7.32% from its 52-weeks high.

    Kirkland’s Inc. (NASDAQ: KIRK)

    Kirkland’s Inc. (NASDAQ: KIRK) rose 11.69% after gaining more than $0.96 on Thursday. Kirkland’s Inc. (KIRK) has earlier shared financial results for the 13 and 26-week periods ended August 1, 2020. Looking at its liquidity, this company has a current ratio of 1.00. It has moved up 1537.50% from it 52-weeks low and moved down -32.47% from its 52-weeks high. This company has a market capitalization of $127.74 million at the time of writing.

    Stitch Fix Inc. (NASDAQ: SFIX)

    Stitch Fix Inc. (NASDAQ: SFIX) last closed at $28.29, in a 52-week range of $10.90 to $31.60. Analysts have a consensus price target of $29.00. Stitch Fix Inc. (SFIX) has traded up 159.54% from its 52-weeks low and traded down -10.47% from its 52-weeks high. This company market capitalization has remained high, hitting $7.29 billion at the time of writing.

     

  • 20 Trending Stocks In Specialty Retail Industry To Watch

    20 Trending Stocks In Specialty Retail Industry To Watch

    If we take a quick look at the marketplace there are many types of retail stores that exist across the globe. Those retail stores are engaged in providing a wide variety of products to consumers but the specialty retail industry is different. It focused on specific products. The global specialty Retail Market is expected to witness modest growth in the coming years with the increase in demands. But there are also immense challenges for the retail industry in the coming years.

    The retail industry is known for its flexibility and adaptability. There are various trends the retail the industry is following to keep pace with the fast-growing marketplace. The use of technology makes it easier for retailers to operate. Technologies such as 5G will enable retailers to move faster and operate leaner. Changing consumer preferences, shifting retail models, and enhanced technical capabilities will drive change in global retailing in 2020.

    Let see the 20 leading companies in the specialty retail industry which are following new trends to grow their business.

    Blink Charging Co. (NASDAQ: BLNK)

    Blink Charging Co. (NASDAQ: BLNK) shares were trading up 13.33% at $9.01 at the time of writing on Tuesday. Blink Charging Co. (NASDAQ: BLNK) share price went from a low point around $1.25 to briefly over $14.58 in the past 52 weeks, though shares have since pulled back to $9.01. BLNK market cap has remained high, hitting $258.50M at the time of writing, giving it a price-to-sales ratio of more than 60.

    Blink Charging Co. has revealed that it has sold or installed 539 EV charging stations in the US and internationally during the summer Covid-19 lockdowns of June, July, and August 2020. If we look at the recent analyst rating BLNK, H.C. Wainwright downgraded coverage on BLNK shares with a Neutral rating and a $6.50 price target, which implies room for -2.51% downside momentum this year.

    GameStop Corp. (NYSE: GME)

    GameStop Corp. (NYSE: GME) last closed at $10.56, in a 52-week range of $2.57 to $9.77. Analysts have a consensus price target of $6.20. GameStop Corp. (GME) has revealed that it has decided to take pre-orders for the Sony PlayStation5 and Sony PlayStation5 Digital Edition consoles. Pre-orders for the Xbox Series X and Xbox Series S started on Sept. This company market capitalization has remained high, hitting $668.55 million at the time of writing.

    Bed Bath & Beyond Inc. (NASDAQ: BBBY)

    Bed Bath & Beyond Inc. (NASDAQ: BBBY) stock soar by 12.36% to $13.90. The most recent rating by Odeon, on May 26, 2020, is at a Buy. Bed Bath & Beyond Inc. (BBBY) has named Scott Lindblom as Chief Technology Officer of Bed Bath & Beyond. This decision is effective on September 28, 2020. Mr. Lindblom will be responsible for the company’s enterprise technology transformation. If we look at its liquidity, it has a current ratio of $1.78 billion at the time of writing.

    Party City Holdco Inc. (NYSE: PRTY)

    Party City Holdco Inc. (NYSE: PRTY) Shares headed rising, higher as much as 5.92%. The most recent rating by Telsey Advisory Group, on March 13, 2020, is at a Market perform. Party City Holdco Inc. (PRTY) has disclosed that it has decided to hire approximately 20,000 temporary employees and open approximately 25 Halloween City pop-up stores for the Halloween season to fulfill consumers’ needs however they choose to celebrate and shop this year.

    Stitch Fix Inc. (NASDAQ: SFIX)

    Stitch Fix Inc. (NASDAQ: SFIX) rose 7.98% after gaining more than $2.32 on Tuesday. Stitch Fix has announced the fourth quarter and full Fiscal Year 2020 financial results. Stitch Fix Inc. (SFIX) has reported the net revenue of $443.4 million and its active clients of 3.5 million. Stitch Fix Inc has reported the net revenue per active client of $486. This company’s net loss was $44.5 million.

    The Michaels Companies Inc. (NASDAQ: MIK)

    The Michaels Companies Inc. (NASDAQ: MIK) last closed at $10.73, in a 52-week range of $1.00 to $11.70. Analysts have a consensus price target of $4.96. Michaels Companies Inc. (MIK) earlier revealed that its indirect, wholly-owned subsidiary, Michaels Stores, Inc. has priced its offering of $375 million in aggregate principal amount of Senior Secured Notes due 2027. The Michaels Companies Inc. has a market capitalization of $1.59 billion at the time of writing.

    Advance Auto Parts Inc. (NYSE: AAP)

    Advance Auto Parts Inc. (NYSE: AAP) Shares headed rising, higher as much as 1.13%. The most recent rating by DA Davidson, on August 14, 2020, is at a Neutral. Advance Auto Parts Inc. (AAP) has revealed that it has started a cash tender offer for any and all of its outstanding 4.50% senior unsecured notes due December 1, 2023. This company market capitalization has remained high, hitting $10.44 billion at the time of writing.

    The RealReal Inc. (NASDAQ: REAL)

    The RealReal Inc. (NASDAQ: REAL) shares headed rising, higher as much as 4.10%. The most recent rating by BTIG Research, on June 09, 2020, is at a Buy. Shuman Glenn & Stecker has revealed that it has started an investigation against The RealReal Inc. Shuman Glenn & Stecker is investigating the potential shareholder claims against certain officers and directors of The RealReal, Inc. RealReal purports to work as an online marketplace for consigned luxury goods.

    Tractor Supply Company (NASDAQ: TSCO)

    Tractor Supply Company (NASDAQ: TSCO) rose 2.95% after gaining more than $4.06 on Tuesday. Tractor Supply Company (TSCO) has earlier revealed that it has been included on Forbes’ 2020 “America’s Best Employers for New Graduates” list. This is Tractor Supply’s first time to be named to the annual list.

    Genuine Parts Company (NYSE: GPC)

    Genuine Parts Company (GPC) last closed at $96.43, in a 52-week range of $49.68 to $108.58. Analysts have a consensus price target of $97.13. Genuine Parts Company (GPC) has announced   that it has decided to release Third Quarter Earnings on October 22, 2020.  Management will also conduct a conference call on this date at 11:00 a.m. Eastern time.

    Sally Beauty Holdings Inc. (NYSE: SBH)

    Sally Beauty Holdings Inc. (NYSE: SBH) stock drop by -2.80% to $10.07. The most recent rating by Oppenheimer, on June 04, 2020, is at an Outperform. Sally Beauty Holdings Inc. (SBH) has earlier gave an update on its liquidity. If we look at its liquidity, it has a current ratio of 1.90. This company market capitalization has remained high, hitting $1.17 billion at the time of writing.

    DICK’S Sporting Goods Inc. (NYSE: DKS)

    DICK’S Sporting Goods Inc. (NYSE: DKS) shares headed falling, lower as much as -2.09%. The most recent rating by Morgan Stanley, on August 27, 2020, is at an Overweight. DICK’S Sporting Goods Inc. (DKS) share price went from a low point around $13.46 to briefly over $59.67 in the past 52 weeks, though shares have since pulled back to $56.13. DKS market cap has remained high, hitting $5.01 billion at the time of writing.

    The Container Store Group Inc. (NYSE: TCS)

    The Container Store Group Inc. (NYSE: TCS) rose 7.75% after gaining more than $0.51 on Tuesday. In the past 52-weeks of trading, this company’s stock fluctuated between the low range of $1.80 and a high range of $6.85. It has moved up 293.89% and 3.50% from its 52-weeks low and high, respectively. Looking at its liquidity it has a current ratio of 1.20. This company’s market capitalization has remained high, hitting $365.28 million at the time of writing.

    Best Buy Co. Inc. (BBY)

    Best Buy Co. Inc. (BBY) last closed at $107.63, in a 52-week range of $48.10 to $119.48. Analysts have a consensus price target of $118.02. Best Buy Co. Inc. (BBY) has moved up 123.74% from its 52-weeks low and moved down -9.92% from its 52-weeks high. Looking at its liquidity it has a current ratio of 1.10. This company’s market capitalization has remained high, hitting $27.87 billion at the time of writing.

    At Home Group Inc. (NYSE: HOME)

    At Home Group Inc. (NYSE: HOME) stock soar by 3.41% to $15.15. The most recent rating by Monness Crespi & Hardt, on September 08, 2020, is at a Buy. At Home Group Inc. (HOME) share price went from a low point around $1.20 to briefly over $23.92 in the past 52 weeks, though shares have since pulled back to $15.15. At Home Group Inc. market cap has remained high, hitting $994.60 Million at the time of writing.

    Big 5 Sporting Goods Corporation (NASDAQ: BGFV)

    Big 5 Sporting Goods Corporation (NASDAQ: BGFV) fall -3.76% after losing more than -$0.24 on Tuesday. In the past 52-weeks of trading, this company’s stock fluctuated between the low range of $0.65 and a high range of $8.47. It has moved up 844.62% from its 52-weeks low and moved down -27.51% from its 52-weeks high. Looking at its liquidity it has a current ratio of 1.50. This company’s market capitalization has remained high, hitting $124.70 million at the time of writing.

    KAR Auction Services Inc. (NYSE: KAR)

    KAR Auction Services Inc. (NYSE: KAR) last closed at $15.18, in a 52-week range of $9.41 to $26.63. Analysts have a consensus price target of $22.13. KAR Auction Services Inc. (KAR) has moved up 61.32% from its 52-weeks low and moved down -42.99% from its 52-weeks high. Looking at its liquidity it has a current ratio of 1.60. This company’s market capitalization has remained high, hitting $1.98 billion at the time of writing.

    Kirkland’s Inc. (NASDAQ: KIRK)

    Kirkland’s Inc. (NASDAQ: KIRK) stock soar by 1.82% to $8.40. The most recent rating by B. Riley FBR, on May 15, 2019, is at a Neutral. In the past 52-weeks of trading, this company’s stock fluctuated between the low range of $0.56  and a high range of $13.58. It has moved up 1400.00% from its 52-weeks low and moved down -38.14% from its 52-weeks high. Looking at its liquidity it has a current ratio of 1.00. This company’s market capitalization has remained high, hitting $117.26 million at the time of writing.

    Williams-Sonoma Inc. (NYSE: WSM)

    Williams-Sonoma Inc. (WSM) stock soar by 2.06% to $87.88. The most recent rating by Telsey Advisory Group, on August 27, 2020, is at an Outperform. Looking at its liquidity it has a current ratio of 1.40. This company’s market capitalization has remained high, hitting $7.03 Billion at the time of writing.

    Ulta Beauty Inc. (NASDAQ: ULTA)

    Ulta Beauty Inc. (NASDAQ: ULTA) Shares headed falling, lower as much as -0.85%. The most recent rating by UBS, on August 28, 2020, is at a Buy. Ulta Beauty Inc. (ULTA) market capitalization has remained high, hitting $12.78 Billion at the time of writing.