They had a great report. They'll be fine when this market takes off. That might be awhile though. But they're up $4 after hours and $10 on the day. Up $13 yesterday when I mentioned it.
eBay expects revenue to grow 0%-3% year-over-year in 2022 14:14 EBAY eBay expects to exit the year 2%-3% volume growth. "The investment we're making should carry that momentum into 2023 when we expect GMV to grow 3%-4% year-over-year. We anticipate volume will accelerate further in 2024, with GMV growing approximately 5% year-over-year. We expect revenue to grow between 0%-3% year-over-year, constant currency, in 2022, with faster growth during the second half of the year. That momentum should carry into 2023 with revenue growing 5%-6% year-over-year or two points faster than volume." Anticipates revenue growth of 7%-8% in 2024. Expects to double ads business to over $2B by 2025. Expects managed payments to add $300M in cumulative incremental revenue, independent of volume growth over the next 3 years. Comments taken from eBay Investor Day. Show Related Items >> eBay anticipates EPS to grow 10% year-over-year in 2023 14:19 EBAY eBay expects volume leverage and operational efficiency to lead to margin expansion beyond 2022. Expects margins to expand by a total of 100 basis points across the following two years. This outlook implies operating income will grow at CAGR between 8%-9% from 2022 to 2024. Plans to return 125% of free cash flow to shareholders over the next 3 years through repurchases and dividends. Anticipates EPS to grow 10% year-over-year in 2023. Expects EPS to accelerate to mid-teens growth in 2024. Comments taken from eBay Investor Day. eBay announces launch of company's 'first digital wallet' and eBay Vault 14:37 EBAY In conjunction with its investor day event, eBay said: "eBay's tech-led reimagination continues to underpin future growth plans. Since eBay completed the migration to its new payments platform, the company has been improving the user experience and creating value for customers. Now, eBay is launching its first digital wallet where customers can use proceeds from their sales to conveniently purchase their next item or pay their selling expenses." In addition, the company stated: "The market for trading cards and collectibles continues to accelerate, and eBay is the biggest trading platform for these investment categories. Today eBay announced the eBay Vault - a 31 thousand square foot, secure storage facility and digital marketplace for trading cards and collectibles, with plans to expand into luxury goods. The eBay Vault will launch in the U.S. next quarter, and will provide peace of mind and convenience for the company's millions of buyers and sellers. Once an item is in the eBay Vault, customers know their valuables are secure and "instant sale" becomes the new reality. Ownership can transfer from seller to buyer in a matter of seconds - without the need to re-authenticate, re-package or ship the item anywhere. Keeping high-value inventory within the eBay ecosystem is significant for both buyers and sellers - and the Vault will make other planned features, like fractionalization and live commerce, possible for a wider audience. eBay is the only marketplace that can deliver this full suite of capabilities at scale, and signals the future of collecting. Within a few years, eBay expects the Vault will hold up to $3 billion in assets, making it one of the largest stores of non-governmental assets in the world." Seems a little Meh to me.....
Ulta Beauty sees FY2 EPS $18.20-$18.70, consensus $17.84 16:12 ULTA Sees FY22 revenue $9.05B-$9.15B, consensus $9.14B. Sees FY22 SSS up 3%-4%. Van-- looks ok but I think we can get a more powerful stock in here what do you think? It's so expensive anyway maybe take a look at one of these two-- They are both pre approved by GBA- 1-Clearside Biomedical reports Q4 EPS 31c, consensus 16c 16:40 CLSD Reports Q4 revenue $25.69M, consensus $17.77M. "Our suprachoroidal injection platform is a proven approach for ocular drug delivery that offers potential advantages over other types of administration," said George Lasezkay, Clearside's president and CEO. "Following the approval and launch of XIPERE(TM), the first product approved for suprachoroidal delivery, there is a growing base of retinal specialists trained to use our proprietary SCS Microinjector(R). With more than 1,200 clinical injections to date and six clinical trials underway using our technology, we have established our leadership in this space." 2-Beauty Health initiated with an Overweight at JPMorgan 04:46 SKIN JPMorgan analyst Allen Gong initiated coverage of Beauty Health with an Overweight rating and $24 price target. The company's signature HydraFacial technology serves as a "differentiated platform that bridges the gap" between professional medical treatments and "more approachable" consumer skincare, Gong tells investors in a research note. The analyst says this gives Beauty Health exposure to $200B-plus of global markets with a focus on higher-growth sub-segments like domestic med spa and specialist skin-care growing in the double digits. Chewy initiated with a Buy at Deutsche Bank 17:22 CHWY Deutsche Bank analyst Lee Horowitz initiated coverage of Chewy with a Buy rating and $55 price target. Despite near-term cost pressures, the analyst believes the market is "under appreciating the sustainability of Chewy's long-term growth profile from a total user, per user spend, and gross profit perspectives," and sees the stock as a "compelling" growth investment at current levels.
Agco initiated with an Overweight at Wells Fargo 05:48 AGCO Caterpillar initiated with an Equal Weight at Wells Fargo 05:49 CAT Wells Fargo analyst Seth Weber initiated coverage of Caterpillar with an Equal Weight rating and $231 price target. The company is well positioned for strength in the construction, energy, and mining markets, but the move deeper into the cycle limits its valuation upside, Weber tells investors in a research note. Deere initiated with an Overweight at Wells Fargo 05:50 DE Wells Fargo analyst Seth Weber initiated coverage of Deere with an Overweight rating and $455 price target. While farm equipment has moved into the midcycle territory and farmer expense pressures combined with lower government subsidies will weigh on 2022 industry net farm income, Deere continues to "distance itself from the rest" in embracing secular tailwinds around technology and sustainability, Weber tells investors in a research note. H&E Equipment initiated with an Overweight at Wells Fargo 05:51 HEES
Sunworks reports Q4 EPS (47c), two est. (17c) Well that does not look good-- Sunworks, Inc. (SUNW) 3.4400-0.0300(-0.86%) At close: March 10 04:00PM EST 3.1700-0.27(-7.85%)<---------- Pre-Market:07:53AM EST Lets hope there some reason. And they can paint a prettier picture I really want exposure to Solar in the NE here- Limelight Networks price target raised to $8 from $5 at Raymond James 06:26 LLNW Raymond James analyst Frank Louthan raised the firm's price target on Limelight Networks to $8 from $5 and keeps a Strong Buy rating on the shares following the Edgecast deal announcement. After spending time with management this week, Louthan is confident in the opportunity that Limelight has before it with the Edgecast deal and thinks this combination can drive higher sales and a stronger valuation over the next several quarters, the analyst tells investors in a research note. Avid readers will know our long history with LLNW I have always liked this co has been very frustrating... Qualtrics added to 'SMID-Cap Best Ideas' list at Evercore ISI 07:25 XM Evercore ISI analyst Kirk Materne is adding Qualtrics to the firm's "SMID-Cap Best Ideas" list after having hosted an upbeat meeting with the Qualtrics management team last week that focused on Qualtrics' differentiated tech platform. When combined with the company's strong execution post IPO, he remains "very upbeat" about Qualtrics' opportunity over the next few years, said Materne, who has an Outperform rating and $40 price target on the shares. I am not 100% sure but I believe the CEO here is this really cool dude. I saw him interviewed about helping with AirB&B to get rooms to refuges from Ukraine really smart use of the AirB&B tech and app and this CEO jumped right in to help. Young guy. Very impressed with his manner. Qualtrics International Inc (XM) 28.89-0.45(-1.53%) At close: March 10 04:00PM EST 28.58-0.31(-1.07%) Pre-Market:07:00AM EST A word on Blackstone Inc. (BX)-- I sent the idea in yesterday to short BX and was rejected. I keep hearing they have a huge Billion dollar problem with Russia nobody seems to care stock was up yesterday and up today? 116.86+0.72(+0.62%) At close: March 10 04:00PM EST 118.86+2.00(+1.71%) Pre-Market:07:38AM EST
Opportunity-? One of the most heavily shorted stocks there is has stumbled- Blink Charging(NASDAQ:BLNK) slides in early trading after missing the consensus EPS mark with its Q4 earnings report. Needham kept a bullish stance on the electric vehicle charging station stock as it focused on some positive reports from the report. Analyst Vikram Bagri: "Importantly, the revenue beat was driven by recurring charging services revenues exceeding expectations by ~43%. However, the beat in revenues was more than offset by higher than expected Opex which drove the earnings miss. Bagri and team expect BLNK's margins to recover later this year with new products and the eventual easing of logistical issues. They also believe the company's 2022 revenue outlook has upside. Shares of Blink Charging (BLNK) are down7.40%in premarket actin to $23.67
Atm, ULTA is up 8.5% from Weds close. Not sure how much more powerful you want. You said this thread is for quality stocks so... SKIN is currently $20 on the ask, no volume and CLSD is already up 25%. it was $1.76bid/$1.77ask when you posted this. $1.70 now. A 10% move is a 10% move so yeah, if you buy it now and it goes to $1.87 and you sell, thats 10%. You have to buy 10,000 shares ($17K ) to make any money on these penny stocks. What if it goes down? It's already down 3% from that post. At $17K invested you're underwater $510 already. That's why you get in/out fast with these Robinhood/wsb/reddit penny stocks.
What about Funko? Are you gonna hodl that one? Didn't I tell you to sell CRSR on that news it was getting added to the S&P small-cap. Look where its at now. $20.50 That's almost a 20% drop from $24. We know CRSR stays in a range, when news like that comes out, you sell into it. It would be like that news hitting FNKO today and it going to $21 again. You get out. It trades in a range too. Why park money where it's dead. RH>>>> closed at $340 yesterday. Down 10% from $380, but this is not a range-bound stock. Now when they drop like that, it got as low as $320ish the other day, the climb back up will be choppy as buyers will sell and take the quick profit, but again RH is a long term hold. When it was at $375 a week or so ago I wrote to be careful buying it and said to wait for $335. Bingo. As I said, it's volatile as all get out, but RH is a multi-year hold. Target $600+ in two years. How boring.
Hey Van someone called RH the best of breed in that space the other day-! Yea Index move on CRSR we don't hold it of course. > Someone upgraded SNAP today yada yada... Next Week I think will be very interesting. Russia debt due wed? > Some D Day on Russia they will have to go belly up- The smart folks are telling me everything is priced in I'm not so sure.- I mean it's 20 cents in the dollar now so in a way they are right..but headlines are headlines and Russia default can that be good? > SHORT THE BANKS?