Nike (NKE) released earnings last week that sparked disagreements whether the athletic-shoe company had turned a corner or still faced continued competitive pressures from the likes of Under Armour (UA) and Adidas. Count Credit Suisse analyst Christian Buss and team among the former:
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We adjust our estimates following Nike’s earnings release given: 1) North America and European business performing better than expected; 2) gross margin degradation moderating as the company stabilizes its challenged North America business more quickly than previously anticipated; and 3) tighter SG&A expense control. We believe the company is managing competitive challenges better than feared and as a result, we believe that a return to mid- to high-single digit constant currency revenue growth is likely to occur sooner than anticipated. Unfortunately, currency is moving against the company, suggesting that underlying reported earnings growth is not likely to re-accelerate faster than anticipated. As a result, we maintain our Target-Price of $60.
Hot Performing Stocks To Watch Right Now: Peak Resorts, Inc.(SKIS)
Advisors’ Opinion:
- [By Ethan Ryder]
Shares of Peak Resorts Inc (NASDAQ:SKIS) have been given a consensus recommendation of “Buy” by the six analysts that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $6.13.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Peak Resorts (SKIS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on Peak Resorts (SKIS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Performing Stocks To Watch Right Now: InfraREIT, Inc.(HIFR)
Advisors’ Opinion:
- [By Joseph Griffin]
Citadel Advisors LLC increased its position in shares of InfraREIT Inc (NYSE:HIFR) by 335.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,755 shares of the real estate investment trust’s stock after acquiring an additional 56,809 shares during the quarter. Citadel Advisors LLC owned about 0.17% of InfraREIT worth $1,635,000 at the end of the most recent quarter.
- [By Joseph Griffin]
InfraREIT Inc (NYSE:HIFR) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $21.00.
- [By Shane Hupp]
Reaves W H & Co. Inc. trimmed its holdings in InfraREIT (NYSE:HIFR) by 18.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,342,026 shares of the real estate investment trust’s stock after selling 303,392 shares during the quarter. Reaves W H & Co. Inc. owned approximately 3.05% of InfraREIT worth $26,076,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on InfraREIT (HIFR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Performing Stocks To Watch Right Now: S&W Seed Company(SANW)
Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on S&W Seed (SANW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on S&W Seed (SANW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Alico (NASDAQ: ALCO) and S&W Seed (NASDAQ:SANW) are both small-cap consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, profitability, earnings, dividends, institutional ownership, analyst recommendations and risk.
Hot Performing Stocks To Watch Right Now: Guggenheim S&P MidCap 400 Pure Gr ETF (RFG)
Advisors’ Opinion:
- [By Max Byerly]
Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) announced a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Investors of record on Tuesday, September 25th will be given a dividend of 0.5521 per share on Friday, September 28th. This represents a $2.21 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Monday, September 24th. This is a boost from Invesco S&P MidCap 400 Pure Growth ETF’s previous quarterly dividend of $0.26.
Hot Performing Stocks To Watch Right Now: Banner Corporation(BANR)
Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Banner (BANR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Here are some of the news articles that may have impacted Accern’s rankings:
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Banner Year for Asset Managers Could Be Catalyst for Change (markets.financialcontent.com) Zacks: Analysts Anticipate Banner Co. (BANR) to Announce $0.86 EPS (americanbankingnews.com) Banner Bank signs long lease for highly visible Sacramento site (finance.yahoo.com) Steven W. Rust Sells 511 Shares of Banner Co. (BANR) Stock (americanbankingnews.com) FY2018 Earnings Estimate for Banner Co. (BANR) Issued By DA Davidson (americanbankingnews.com)
NASDAQ BANR opened at $57.47 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.92 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1,896.48, a P/E ratio of 19.22, a PEG ratio of 1.66 and a beta of 0.96. Banner has a 1 year low of $52.07 and a 1 year high of $62.75.
- [By Logan Wallace]
Rhumbline Advisers cut its position in shares of Banner Co. (NASDAQ:BANR) by 1.3% in the 2nd quarter, Holdings Channel reports. The firm owned 86,918 shares of the financial services provider’s stock after selling 1,154 shares during the period. Rhumbline Advisers’ holdings in Banner were worth $5,226,000 at the end of the most recent reporting period.
- [By Max Byerly]
BidaskClub cut shares of Banner (NASDAQ:BANR) from a buy rating to a hold rating in a research note published on Wednesday morning.
Several other equities analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Banner from a hold rating to a sell rating in a research report on Tuesday, March 27th. Stephens reiterated a hold rating and set a $60.00 price objective on shares of Banner in a research report on Tuesday, April 24th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Banner currently has an average rating of Hold and an average price target of $60.25.
Hot Performing Stocks To Watch Right Now: First Bank(FRBA)
Advisors’ Opinion:
- [By Joseph Griffin]
First Bank (NASDAQ: FRBA) and Marlin Business Services (NASDAQ:MRLN) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, valuation, earnings, institutional ownership, analyst recommendations, risk and dividends.
- [By Shane Hupp]
Media coverage about First Bank (NASDAQ:FRBA) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Bank earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 43.7118873805192 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.