Posts for Ticker ‘AUTH’

Top Pre-Market analyst Upgrades (AUTH, CBRL, CAKE, DRI, KR, LGF, PNRA, PMC, VLTR)

These are some of the top upgrades and positive calls we are seeing this Tuesday morning on Wall Street:

  • AuthenTec (AUTH) Started At Buy at Stanford Group.
  • CBRL Group (CBRL) Raised to Outperform at Raymond James.
  • Cheesecake Factory (CAKE) Raised to Outperform at Raymond James.
  • Darden Restaurants (DRI) Raised to Outperform at Raymond James.
  • Kroger (KR) Raised to Buy at Jefferies.
  • Lions Gate (LGF) Raised to Buy at Jefferies.
  • Panera Bread (PNRA) Raised to Outperform at Raymond James.
  • PharMerica (PMC) Started as Outperform at Oppenheimer.
  • Volterra Semiconductor (VLTR) Raised to Buy at Piper Jaffray.

Jon C. Ogg
October 21, 2008

Top Pre-Market Analyst Downgrades (AUTH, DD, HST, RNWK, RLH)

These are some of the top individual analyst downgrades we are seeing very early this Wednesday morning:

  • AuthenTec (AUTH) Cut To Neutral at JPMorgan
  • DuPont (DD) Cut to Hold at BB&T Capital
  • Host Hotels (HST) Cut To Market Perform at KBW
  • RealNetworks (RNWK) Cut to Sell at Piper Jaffray
  • Red Lions Hotels (RLH) Cut to Neutral at Baird

Jon C. Ogg
October 8, 2008

The 52-Week Low Club 9/8/2008 (FRE)(FNM)(BIOD)(AUTH)(CEGE)

Sad_clownFreddie Mac (FRE) is one sale at $.65. A day-trader’s dream, down from a 52-week high of $65.88.

Fannie Mae (FNM) Almost a better deal. Sells off to $.65 from 52-week high of $68.60.

Biodel (BIOD) Concerns over drug trial. Drops to $4.34 from $25.69.

Authentec (AUTH) Revises guidance. Plunges to $2.40 from 52-week high of $19.81.

Cell Genesys (CEGE) Still hurting a week after drug trial news. Slips to $.67 from 52-week high of $4.67.

Douglas A. McIntyre

Top Pre-Market Analyst Upgrades (ADS, AUTH, BRCM, EXC, NVLS, SAI, SNDA)

These are the top upgrades and positive analyst calls we are seeing this Thursday morning:

  • Alliance Data (ADS) Started as Buy at B of A.
  • AuthenTec (AUTH) Started as Buy at S&P Equity Research.
  • Broadcom Corp. (BRCM) Started as Outperform at Credit Suisse.
  • Excelon (EXC) Raised to Buy at Jefferies.
  • Novellus Systems (NVLS) Raised to Overweight at Morgan Stanley.
  • SAIC (SAI) Raised to Outperform at at Wachovia.
  • Shanda Interactive (SNDA) Raised to Outperform at Oppenheimer.

Jon C. Ogg
September 4, 2008

Top Pre-Market Analyst Upgrades (ACE, AUTH, CMCSA, IFX, LLTC, MCHP, SOLF, HOT)

These are not all of the upgrades and positive analyst calls affecting shares, but these are some of the calls impacting shares pre-market this Thursday morning:

  • Ace Limited (NYSE: ACE) Raised to Buy from Hold at Citigroup.
  • AuthenTec (NASDAQ: AUTH) Started as Overweight at JPMorgan.
  • Comcast (NASDAQ: CMCSA) raised to Buy at Goldman Sachs.
  • Infineon Tech (NYSE: IFX) Started as Buy at Jefferies.
  • Linear Tech (NASDAQ: LLTC) Raised to Buy from Neutral at UBS.
  • Microchip Technology (NASDAQ: MCHP) Raised to Buy from Neutral at UBS.
  • Solarfun Power (NASDAQ: SOLF) Started as Buy at Jefferies.
  • Starwood Hotels & Resorts (NYSE: HOT) Raised to Outperform at Wachovia.

Jon C. Ogg
July 17, 2008

Pre-Market Analyst Calls (August 6, 2007)

AMTD raised to Buy at UBS.
ANN raised to Hold at Citigroup.
AUTH started as Overweight at Lehman; started as Outperform at Bear Stearns.
CVH raised to Neutral at B of A.
CFR raised to Outperform at RBC.
CKFR cut to Neutral at JPMorgan.
CSE cut to Outperform at JMP.
DFC cut to Mkt Perform at JMP.
ERTS raised to Outperform at Bear Stearns.
IMH cut to Hold at Deutsche Bank.
LUM cut to Underweight at JPMorgan.
MER raised to Buy at UBS.
MMR raised to Overweight at JPMorgan.
O raised to Outperform at Credit Suisse.
PRSP raised to Outperform at RBC.
PVG cut to Sector Perform at RBC.
SCOR started as Outperform at Credit Suisse; started as Hold at Jefferies; started as Mkt Perform at FBR; started as Buy at Deutsche Bank.
SEP started as Overweight at Lehman; started as Buy at Citigroup.; started as Outperform at Wachovia.
SPG raised to Outperform at Credit Suisse.
SPRD started as Overweight at Lehman; started as Outperform at Piper Jaffray.
TTWO raised to Peer Perform at Bear Stearns.
VOD raised to Buy at Citigroup.

Jon C. Ogg
August 6, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

AuthenTec Prices IPO (AUTH)

AuthenTec (AUTH-NASDAQ) priced its 7.5M share IPO at $11.00, at the top of the $9.00 to $11.00.  Lehman Brothers was the lead manager, with co-managers listed as Bear Stearns, Montgomery & Co., Cowen & Co., and Raymond James. The company is offering 5,625,000 shares of our common stock and the selling stockholders are offering 1,875,000 shares of common stock.

Authentec is a Florida-based fabless biometric company that designs fingerprint authentication sensors for PC’s and mobile devices. The company shipped 6.9 million sensors in 2006 and revenue increased from $19.2 million in 2005 to $33.2 million in 2006.  During the three months ended March 30, 2007, it shipped 1.9 million sensor units and generated revenue of $9.3 million, an increase of 32.0% and 25.7%, respectively, over the three months ended March 31, 2006.

The company claims more than 100 customers including ASUSTek Computer, Inc., Fujitsu Ltd., Hewlett-Packard Company, High Tech Computer Corp., Hitachi, Ltd., Lenovo Group Limited, LG Electronics Inc., Samsung Electronics Co., Ltd. and Toshiba Corporation. In 2006, AuthenTec derived 59% of revenue from two customers, and 80.7% and 83.9% of revenues from its top five customers in 2006 and the three months ended March 30, 2007, respectively.

More can be found on the company web site at www.authentec.com

Jon C. Ogg
June 27, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Pre-Market Stock News (June 27, 2007)

(ANDW) Andrew Corp being acquired for $15.00 per share.
(APOG) Apogee Enterprises $0.34 EPS vs $0.23e; unsure if comparable.
(AUTH) AuthenTec priced its 7.5M share IPO at the top of the $9.00 to $11.00 range for 7.5 million shares.
(BAY) Bayer AG and Onyx submit supplemental new drug application for Nexavar to treat liver cancer.
(CTV) Commscope raised guidance.
(GTRC) Guitar Center being acquired by Bain Capital for $63.00 per share.
(ISTA) ISTA Pharmaceuticals will raise $36.75 million in private placement.
(JSDA) Jones Soda announced exclusive formula use pact in Japan.
(KVHI) KVH Industries announced that Monaco Coach will add the KVH TracVision R-series of mobile satellite TV systems to their new 2008 vehicles.
(NKE) Nike $0.86 EPS vs $0.86e.
(NUVO) Nuvelo lost Bayer as R&D partner in stroke trials.
(ORCL) Oracle $0.37 EPS vs $0.35e.
(PAYX) Paychex reports earnings after close: $0.36 EPS and $496.3M revenue expected.
(RYAAY) Ryanair blocked by EU in bid to buy Aer Lingus.
(SCOR) comScore priced its 5.3 million share IPO at $16.50 per share.
(SMSC) $0.29 EPS vs $0.25e.
(SQNM) Sequenom announced it will develop HPVtest and other diagnostics with SensiGEn LLC.
(TASR) Taser announced a suit in St. Louis against the company was voluntarily dismissed.
(TOPP) Topps Co. said Upper Deck has initiated a $10.75 per share tender.
(YMI) YM BioSciences received FDA Clearance for an IND for its fentanyl-based pain product.
(YUM) Yum! Brands trades ex-split to reflect a 2-1 stock split.

Jon C. Ogg
June 27, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.