Posts for Ticker ‘JBL’

52-Week High Club

Jabil Circuit (NYSE: JBL) hit a yearly high of $13.47 after beating both guidance and analyst estimates for its quarterly earnings.

Kohl’s Corporation (NYSE: KSS) hit a yearly high of $57.19 after the company announced the opening of 37 new stores.

Och-Ziff Capital Management (NYSE: OZM) hit a yearly high of $12.24 as the company continues to recover from a significant decline in assest under management.

Petrobras Energia Participaciones SA (NYSE: PZE) rallied over 180% to a yearly high of $17.97 after it announced that the company was completing reorganization moves.

TransDigm Group Incorporated (NYSE: TDG) hit a yearly high of $49.94 after announcing that it would offer $425 million of senior subordinated notes in order to fund a special dividend.

Virgin Media Inc. (NASDAQ: VMED) hit a yearly high of 13.97, capping off a monthly gain of 17%.

Yahoo! (NASDAQ: YHOO) hit a yearly  high of $17.80, capping off a monthly gain of nearly 20%.

Garrett W. McIntyre

Posted on: September 30, 2009 – 4:26 pm in Aerospace, Cable Companies, Defense, Dividend, Internet, Media, Oil & Gas, Technology Companies, Telecom, , , , , , ,

Top Day Trader Alerts (AEZS, KERX, AGCO, ACAS, CTIC, C, FLEX, CLS, SANM, JBL, OMTR, ADBE)

Money Stack ImageThese are this Wednesday morning’s top pre-market day trader alert and active trader alert stocks moving on unusual trading volume.  We have a link through to more color and analysis on price and volume over at VSInvestor.com on each stock:

AEterna Zentaris Inc. (NASDAQ: AEZS) and Keryx Biopharmaceuticals, Inc. (Nasdaq: KERX) are both ramping higher an FDA orphan-drug designation news.

Agco Corp. (AGCO) is trading lower by 7% on lower guidance.

American Capital Ltd. (NASDAQ: ACAS) is surging almost 20% after Corning Incorporated (NYSE: GLW) paid $400 million in cash for shares of another portfolio company.

Cell Therapeutics, Inc. (NASDAQ: CTIC) is up 5% on very active volume on more pixantrone for non-Hodgkin’s lymphoma news, but this is on positive data.

Citigroup, Inc. (NYSE: C) is up again on strong volume… we have color on prior day’s price levels here for inference.

Flextronics International Ltd. (NASDAQ: FLEX) is surging by almost 9% this morning after a Jim Cramer tout last night.. we are watching EMS rivals like Celestica Inc. (NYSE: CLS), Sanmina-SCI Corp. (NASDAQ: SANM) and Jabil Circuit Inc. (NYSE: JBL) on this.

Omniture, Inc. (NASDAQ: OMTR) is the biggest volume stock in the pre-market at NASDAQ after getting acquired by Adobe Systems, Inc. (NASDAQ: ADBE).

You can join our open email distribution list which goes out several times per week for top analyst upgrades and downgrades, top day trader alerts, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
SEPTEMBER 16, 2009

Posted on: September 16, 2009 – 9:15 am in After-Hours Activity, Pre-Market Activity, Trading Alert, , , , , , , , , , , ,

The 52-Week Low Club (FCXS)(DWA)(JBL)(LVS)

sad_clown13Las Vegas Sands (LVS) Too few gamblers, too much debt. Analyst lowering estimates. Falls to $2.13 from $90.28.

Jabil Circuit  (JBL) Planning more lay-offs. Drops to $4.38 from 52-week high of $18.78.

Dreamworks Animation (DWA) Tough quarter. Analyst downgrade. The daily double. Sells down to $17.32 from 52-week high of $32.73.

Fcstone Group  (FCSX) Trouble with debt provisions and analyst downgrades. Sells off to $1.52 from 52-week high of $50.68.

Douglas A. McIntyre

Posted on: February 25, 2009 – 4:04 pm in HI/LOW, , , ,

Top Pre-Market Analyst Upgrades (AXL, ARCC, FSLR, F, GOOG, HOG, JBL, LEA, MYL, RYAAY, UL)

Money_stack_picThese are some of the top upgrades and positive calls we have seen from analysts on Wall Street this Wednesday morning:

  • American Axle (AXL) Raised to Hold from Sell at Deutsche Bank.
  • Ares Capital Corporation (ARCC) Raised to Neutral from Underweight at JPMorgan.
  • First Solar (FSLR) Started as Buy at Merriman Curhan Ford.
  • Ford (F) Raised to Hold from Sell at Deutsche Bank.
  • Google (GOOG) Started as Outperform at JMP Securities.
  • Harley Davidson (HOG) Raised to Hold from Sell at Citigroup.
  • Jabil Circuit (JBL) Raised to Hold from Sell at Citigroup.
  • Lear (LEA) Raised to Hold from Sell at Deutsche Bank.
  • Mylan Labs (MYL) Started as Buy at Citigroup.
  • Ryanair (RYAAY) Raised to Buy from Neutral at UBS.
  • Unilever (UL) Raised to Buy from Hold at Citigroup.

Jon C. Ogg
January 21, 2009

Posted on: January 21, 2009 – 7:43 am in Analyst Calls, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AAPL, GLW, FNM, FRE, JBL, KCI, LVLT, PCS, TWTC, WM)

These are the top individual analyst calls we are focusing on this Tuesday morning:

  • Apple (NASDAQ: AAPL) Cut to Underperform from Market Perform at Morgan Keegan.
  • Corning (NYSE: GLW) raised to Outperform at RBC Capital Markets.
  • Fannie Mae (NYSE: FNM) raised to Overweight at Lehman.
  • Freddie Mac (NYSE: FRE) raised to Overweight at Lehman.
  • Jabil Circuit (NYSE: JBL) Cut to Neutral from Buy at Goldman Sachs.
  • Kinetic Concepts (NYSE: KCI) Raised to Outperform at Wachovia.
  • Level 3 Communications (NASDAQ: LVLT) Started as Market Perform at FBR.
  • MetroPCS (NYSE: PCS) Raised to Outperform from Market Perform at Wachovia.
  • Time Warner Telecom (NASDAQ: TWTC) Started as Outperform at FBR.
  • Washington Mutual (NYSE: WM) downgraded to Underperform at KBW.

Jon C. Ogg
April 8, 2008

Posted on: April 8, 2008 – 7:10 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club (DSW)(JBL)(HURN)(BMTI)(TUNE)

DSW (DSW) Shoe retail company posts bad sales. Falls to $12.95 from 52-week high of $44.05.

Jabil Circuit (JBL) Still falling a day after putting up bad quarterly figures. Sells off to $9.05 from 52-week high of $25.80.

Huron Consulting Group (HURN) Weak estimates for current quarter drop shares to $37.59 from 52-week high of $84.

Biomimetic Therapeutics (BMTI) Rumor about problem with product candidate causes big sell-off starting mid-day. Down to $7 from 52-week high of $19.51.

Microtune (TUNE) Company issues revision to Q1 forecast. Stock runs off to $3.40 from 52-week high of $6.88.

Douglas A. McIntyre

Posted on: March 27, 2008 – 2:57 pm in HI/LOW, , , , ,

Other EMS Stocks Holding Up Better Than Jabil (JBL, BHE, CLS, FLEX, PLXS, SANM)

Jabil Circuit Inc. (NYSE: JBL) is one of the big losers today as sharesa are down and out due to missed earnings and forecasts.  This is a new 52-week low.  The electonic manufacturing services company posted quarter losses of $24 million last, compared to profits of $13.9 million this quarter last year. The losses were due to restructuring and impairment charges reaching $41 million.  EPS were -$0.12 on $3.1 billion in sales, compared to $0.07 EPS a year ago. Without the one-time charges, the company would have had $0.20 EPS. Thomson Financial analysts estimated an average of $0.18 EPS on $3.05 billion in sales, although one-time charges were excluded. The company also stated that third quarter results will undershoot analyst projections.

Downgrades by Deutsche, JPMorgan, and Thomas Weisel have not softened the blow.  In mid-day trading, the stock is down by $1.77 per share, over 15%, to $9.61 compared to a high of $25.80.  This also has the other electronic manufacturing service players faring not so well today, although it interestingly enough isn’t hurting them nearly as much as Jabil took heat.  You will see with notes below:

  • Benchmark Electronics (NYSE: BHE) is also down today by over 5% to $18.49. The 52-week range is $14.90 to $27.01.
  • Celestica Inc. (NYSE: CLS) is down almost 6% today to $6.40, although only $1.00 away from its 52-week high of $7.35.
  • Flextronics International (NASDAQ: FLEX) is down by $0.45, 4%, to $9.71 today, only $0.65 from its 52 week low reached January 23. The 52-week high sits at a far $13.60.
  • Plexus Corp. (NASDAQ: PLXS) isn’t down by as much compared to the others. The stock is down only 2% today to $27.53, still very far from its 52-week low and high of $16.62 to $32.47, respectively.
  • Sanmina-SCI Corp. (NASDAQ: SANM) also down by 5% today to $1.71. The 52-week range is $1.15 to $3.88.

What is interesting about these is that Jabil has been by far the worst one of the group by far, although Sanmina-SCI has been in a turnaround that has taken longer than most should be happy with.  Many of the others have been down and out as well as an overall spending climate is probably slowing more orders.  The good news is that many are diversifying away from being pure technology outsourced manufacturers to more broad-based outsourced manufacturing companies.  The bad news is that the slowdown isn’t just limited to tech.  If Jabil’s trend is systematic rather than symptomatic, then the others in the group  might see more pressure after today.

Jon C. Ogg
March 26, 2008

Jon Ogg produces the Special Situation Investing Newsletter and can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers

Posted on: March 26, 2008 – 12:13 pm in Technology Companies, , , , , ,

The 52-Week Low Club (JBL)(MEG)(RFMI)(CKNN)

Jabil Circuit (JBL) Analyst does not like company’s prospects. Down to $11.34 from 52-week high of $26.10.

Media General (MEG) Part of general sell-off in newspaper stocks. Drops to $13. from 52-week high of $39.61.

RF Monolithics (RFMI) Awful earnings. Falls to $2.38 from 52-week high of $7.43.

Cash Systems (CKNN) Shares still selling off after bad quarter. Drops to $.46 from 52-week high of $7.46

Jupitermedia (JUPM) Sells off after quarterly loss. Falls to $1.61 from 52-week high of $8.38.

Douglas A. McIntyre

Posted on: March 24, 2008 – 3:02 pm in HI/LOW, , , , ,

The 52-Week Low Club (AMGN, AU, BGP, HB, IP, JBL, MOT, HOOK, RVBD, SLRY)

This week felt like a yo-yo of volatility, and frankly that makes it even better that it was a 4-day work week for the stock market.  Despite the huge rally today that was led by the financials, there were plenty of shares that hit the wall of shame on the 52-week low list.  Not all of these closed under their 52-week lows, but the list was far larger than one would guess for the way the market acted today.

  • Amgen (NASDAQ: AMGN) just keeps going and going.  This broke under $40.00 today as life gets uglier and uglier for anemia drugs. Got back above $40.00 late in the day so it doesn’t look like a low close.
  • Anglogold Ashanti (NYSE: AU) bit the dust with gold prices lower again.  Under $31.00 late in the day; prior range $31.88 to $51.35.
  • Borders Group (NYSE: BGP) bit the dust.  Shares fell sharply after its earnings report.  It’s killing the dividend and "reviewing strategic alternatives." Down 35% late in day at $4.56; prior range $6.90 to $24.15.
  • Hillenbrand (NYSE: HB) hit the list too, although this is sellers unloading before it breaks itself into two at the end of the month.  This is likely just sellers getting out ahead of what they think may be an uncertain event.  Shares down close to $48.00 late in day; prior range $48.40 to $69.45.
  • International Paper (NYSE: IP) is now down to under $27.00. Wasn’t this just at $40.00 a few months ago?  Cyclical business, down 2% late at $26.87; prior range $27.44 to $41.57.
  • Jabil Circuits (NYSE: JBL) looked pretty bad today down almost 6% to $11.51 late in day with prior range $12.02 to $26.18.  Trailing P/E still high.
  • Motorola (NYSE: MOT) wouldn’t be fair to leave off the list… again.. shares traded under $9.00.  Carl Icahn has to be furious that he stayed here.  The good news is that croaker-granola got back above prior $9.12 low to $9.20 at 3:30 PM EST.
  • Redhook Ale (NASDAQ: HOOK) fell over 10% and $5.00 is getting farther and farther away with shares at $4.35 late in day; prior low was $4.55… Maybe we should have some Redhook ale this long weekend to help[ them out.
  • Riverbed Tech (NASDAQ: RVBD) traded down to under $15.00 today before recovering.  Shares were at $15.20 late in the day and the prior 52-week trading range was $15.16 to $52.81.
  • Salary.com (NASDAQ: SLRY) is one we should have stuck with on our short-sell call in "10 Stocks Under $10" as it came back down.  Shares down to $6.32 late in day with prior 52-week trading range of $6.37 to $16.32.

Next week is a full week, and you know there will be more 52-week lows being put in regardless of what the market does.  Stay tuned!

Jon C. Ogg
March 20, 2008

Posted on: March 20, 2008 – 2:41 pm in HI/LOW, , , , , , , , , ,

Media Digest 6/22/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, the IPO for Blackstone priced at the high end of its range, raising $4.13 billion.

Reuters writes that GE (GE) and Pearson (PSO) have dropped their potential bid for Dow Jones (DJ).

Reuters reports that Pfizer (PFE) got permission to market its drug Lyrica for treating fibromyalgia.

The Wall Street Journal reports that BP (BP) is near a deal to turn over its ownership in a $20 billion Russian natural-gas project to state-controlled Gazprom.

The Wall Street Journal writes that ADM (ADM) is going to enter Brazil’s sugarcane-ethanol market, backing a rival to corn-based ethanol made by most U.S. companies.

The Wall Street Jounal also writes the NYSE Euronext (NYX) is making a bid for the Italian stock exchange which will compete with one from the London exchange.

The Wall Street Journal also reports that investor Nelson Peltz has taken a 3% piece of Kraft (KFT) and want the company to sell certain assets.

The New York Times reports that Ebay (EBAY) will re-enter the Chinese markter this summer.

FT reports that Bear Stearns (BSC) will call of its IPO of Everquest, a company associated with two hedge funds that have collapsed.

Barron’s reports that Jabil Circuit (JBL) reported earnings in line with estimates.

Douglas A. McIntyre

Posted on: June 22, 2007 – 3:16 am in Uncategorized, , , , , , , , , , ,

Earlybird Analyst Calls (MAY 15, 2007)

AMGN cut to Neutral at Baird.
AOG cut to Hold at Jefferies.
BEAS cut to Neutral at Credit Suisse.
BHE started as Neutral at Credit Suisse.
CLS started as Underperform at Credit Suisse.
COGO started as Overweight at Lehman.
DCX raised to Buy at UBS.
EPIC started as Buy at UBS.
FLEX started as Outperform Credit Suisse.
GLP cut to Equal Weight at Lehman.
GM raised to Equal Weight at Lehman.
ICFI cut to Hold at Jefferies.
JAH started as Overweight at Lehman.
JBL started as Neutral at Credit Suisse.
MRO raised to Buy at B of A.
PGR started as Reduce at UBS.
PLXS started as Neutral at Credit Suisse.
SANM started as Neutral at Credit Suisse.
SLR started as Underperform at Credit Suisse.
SOFO started as Buy at Cantor Fitzgerald.
STEC cut to Hold at Deutsche Bank; cut to Sector Perform at CIBC.
TIBX cut to Neutral at Credit Suisse.
TSO cut to Neutral at B of A.
VRAZ started as Equal Weight at Lehman.
VLO cut to Neutral at B of A.

Jon C. Ogg
May 15, 2007

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

Posted on: May 15, 2007 – 6:19 am in Analyst Calls, , , , , , , , , , , , , , ,