What to Watch: March 9th, 2011
By · CommentsMid-week, we can expect earnings reports on Wednesday, March 9th from Molycorp Inc. (MCP), H&R Block (HRB), J. Crew Group (JCG), Children’s Place (PLCE), and American Eagle Outfitters (AEO). At 10AM ET, look out for data on Wholesale Inventories.
“What to Watch: March 9th, 2011″ is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of analysts’ ratings for some of the largest publicly traded companies in the world. We cover news surrounding large-cap U.S. financial companies, including Citigroup, Bank of America, Wells Fargo and JPMorgan Chase and discuss the fledgling industry of peer to peer lending. American Banking & Market News publishes hundreds of press releases per day and is part of the American Consumer News, LLC network. We would invite you to consider following our ‘AmericanBanking’ account on Twitter and subscribing to our RSS Feed. You can always view our latest articles and video content by visiting our home page.
This article (What to Watch: March 9th, 2011) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
A number of equity research firms have modified their stock ratings and price targets on shares of Williams Sonoma Inc (NYSE: WSM) in the last week:
RBC Capital analysts raised their price target on shares of Williams Sonoma Inc from $35.00 to $37.00. They now have a “sector perform” rating on the stock.
Goldman Sachs analysts raised their EPS on shares of Williams Sonoma Inc. They now have a “neutral” rating and a $42.00 price target on the stock. They previously had a $37.00 price target on the stock.
Deutsche Bank analysts raised their price target on shares of Williams Sonoma Inc from $34.00 to $38.00. They now have a “hold” rating on the stock.
About Williams Sonoma Inc:
Williams-Sonoma, Inc. is a specialty retailer of products for the home. The retail segment of the Company’s business sells its products through its five retail store concepts (Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Williams-Sonoma Home). The direct-to-customer segment of its business sells similar products through its seven direct-mail catalogs (Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Bed and Bath, PBteen, West Elm and Williams-Sonoma Home) and six e-commerce Websites (williams-sonoma.com, potterybarn.com, potterybarnkids.com, pbteen.com, westelm.com and wshome.com). During the fiscal year ended January 31, 2010 (fiscal 2009), retail net revenues accounted for 60.5% of the Company’s business and direct-to-customer net revenues accounted for 39.5% of its business.
Williams Sonoma Inc last announced its quarterly results on Tuesday, March 15th. The company reported $1.08 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.98 EPS by $0.10. During the same quarter in the prior year, the company posted $0.86 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. On average, analysts predict that Williams Sonoma Inc will post $0.36 EPS next quarter.
Shares of Williams Sonoma Inc opened at 38.03 on Monday. Williams Sonoma Inc has a 52 week low of $23.34 and a 52 week high of $39.75. The stock’s 50-day moving average is $36.03 and its 200-day moving average is $33.75. The company has a market cap of $3.997 billion and a price-to-earnings ratio of 24.35.
This article (Analysts’ Weekly Ratings Changes for Williams Sonoma Inc (NYSE: WSM)) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
Upgrades & Downgrades: March 9th, 2011
By · CommentsTransocean (RIG) initiated with a Market Perform rating at Morgan Keegan with a price target of $87. Shares are up 1.48% to $85.13 in pre-market trading. Demand Media (DMD) initiated with an Outperform rating at JMP Securities with a price target of $30. Citigroup downgraded Potash (POT) to Hold from Buy. The firm cited valuation and the company’s lack of near-term catalysts. Its price target was dropped to $60 from $67. Citigroup also downgraded Mosaic (MOS) to Hold from Buy. The firm cited valuation and the company’s lack of near-term catalysts. It dropped its price target for MOS to $84 from $92.
“Upgrades & Downgrades: March 9th, 2011″ is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of analysts’ ratings for some of the largest publicly traded companies in the world. We cover news surrounding large-cap U.S. financial companies, including Citigroup, Bank of America, Wells Fargo and JPMorgan Chase and discuss the fledgling industry of peer to peer lending. American Banking & Market News publishes hundreds of press releases per day and is part of the American Consumer News, LLC network. We would invite you to consider following our ‘AmericanBanking’ account on Twitter and subscribing to our RSS Feed. You can always view our latest articles and video content by visiting our home page.
This article (Upgrades & Downgrades: March 9th, 2011) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.