Posts for Ticker ‘KDE’

The 52-Week Low Club

bear104 Kids Entertainment (KDE) Big Q4 loss. Drops to $1.01 from 52-week high of $25.30.

Nanogen (NGEN) Delisting notice. Drops to $.07 from 52-week high of $.59.

Data Domain (DDUP) Lazard downgrade. Sells off to $10.25 from 52-week high of $25.16.

Sinclair Broadcasting (SGBI) No news. Just another media company out of favor. Drops to $.90 from 52-week high of $10.03.

Douglas A. McIntyre

Posted on: March 16, 2009 – 3:16 pm in HI/LOW, , , ,

Coal for Christmas: Stocks on 52-Week Lows (APL, KDE, HNSN, IPCM, LUFK, SYNA, THO, TRAC, RIG)

It almost never matter what the markets do anymore.  Some stocks just can’t get it right.  Most of these lows that we chose to outline did not even have real news out themselves today.  We decided to include the closing bell levels.

  • DJIA          8,468.48 (+48.99; +0.58%)
  • NASDAQ   1,524.90 (+3.36; +0.22%)
  • S&P500     868.15 (+4.99; +0.58%)

Here are some of today’s 52-week low stocks and brief comments:

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Posted on: December 24, 2008 – 4:05 pm in HI/LOW, Trading Alert, , , , , , , , ,

The 52-Week Low Club (EVVV)(GLS)(RVBD)

4 Kids Entertainment Inc. (NYSE: KDE) not looking so hot, hitting new low of $8.97 today. The 52-week range is $9.33 to $19.90.  Shares bottomed at  $8.94

ev3, Inc. (NASDAQ: EVVV) decreased its quarter outlook today, hitting a new all-time low of $7.32. The medical device maker has a 52-week range of $7.36 to $21.54. Shares bottomed at $7.32

Genesis Lease Limited (NYSE: GLS) down to a new low of $13.39 today. This aircraft leasing company isn’t flying so high. The 52-week range is $13.91 to $28.61. Shares bottomed at $13.39

Lincare Holdings Inc. (NASDAQ: LNCR) down on with the rest on no new developments. Shares hit a new low of $27.03. The 52-week range is $27.31 to $40.91. Shares bottomed at $27.

Riverbed Technology, Inc. (NASDAQ: RVBD) hit a new low today on no news. This wide-area distributed computing solution provider needs to look for better solutions. Shares closed down by $12.33 on a 52-week range of $12.71 to $52.81.

Salary.com (NASDAQ: SLRY) also feeling the market woes. With so many losing jobs, no wonder a people aren’t buying compensation software.  The company hit a new low of $5.27 on a 52-week range of $5.35 to $16.32. Shares closed down at $5.35.

Douglas A. McIntyre

Posted on: April 7, 2008 – 3:02 pm in HI/LOW, , , , , ,

THe 52-Week Low Club (DGX, ED, KDE, SIRF, TWPG, FRNT, PNCL)

Quest Diagnostics Inc. (NYSE: DGX). Cost pressure strains on the health care sector hurting this stock. New low of $43.65 compared to a 52-week high of $58.63.

Consolidated Edison Inc. (NYSE: ED). Poor reaction to volatile fuel prices slid this stock to $39.78 from a 52-wek range of $40.10 to $52.90.

4 Kids Entertainment Inc. (NYSE: KDE). The new low keeps getting lower after a quarter losses posted last week and the economy slows. Down 7% to a new low of $9.56. The 52-week range is $10.19 to $19.90.

SiRF Technology Holdings Inc. (NASDAQ: SIRF). Tuesday’s announcement that job cuts will result from lower sales and UBS analyst predictions that Sirf’s competitive edge will continue to decline dropped the company to a new low of $4.71 from a 52-week range of $4.90 to $30.61

Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG). The bank may have upgraded its security software today, but share prices are anything but secure. New low of $6.81 from a previous 52-week range of $6.99 to $20.80

Huge gains in oil and more FAA inspections not helping any airlines, but these were on lows: Frontier Airlines Holdings, Inc. (NASDAQ: FRNT) Down to $2.05 from a previous range of $2.10 to $7.46. Pinnacle Airlines Corp. (NASDAQ: PNCL) New low of $8.94 from range of $9.13 to $20.34/

Douglas A. McIntyre.

Posted on: March 26, 2008 – 3:00 pm in HI/LOW, , , , , , ,

The Week of Stock Buybacks (DELL, KDE, IBM, ACL, WU, IAAC, HBIO, PMRY, EDGW, KNXA, TRF, MT, CLDN, HGRD, FUL, PNSN)

This was an active week in share repurchases, and many key stocks announced new buyback plans or gave updates to their buyback plans.  Below are the key buybacks 247WallSt.com reviewed:

  • Kenexa (Nasdaq: KNXA) announced on November 8, 2007 that it authorized the repurchase of up to 2 million shares of the company’s common stock, and it has already completed the repurchase of over 1 million shares since the approval of the repurchase program.  It only has about 25.5 million shares outstanding.
  • Edgewater Technology, Inc. (NASDAQ: EDGW) announced that its Board of Directors authorized the purchase of up to $5.0 million of the Company’s common stock; approximate market cap is $87 million.
  • Harvard Bioscience, Inc. (NASDAQ: HBIO) has authorized the repurchase of up to $10 million of its common stock over the next 24 months; shares rose 5% Friday and its market cap is $130 million.
  • Pomeroy IT Solutions, Inc. (NASDAQ:PMRY) authorized a somewhat unusual program to repurchase up to $5 millionof its outstanding common stock.  In addition, the Board adopted awritten trading plan under Rule 10b5-1 of the Act to facilitate therepurchase of its common stock. Rule 10b5-1 allows the Company topurchase its shares at times when the Company would not ordinarily bein the market because of the Company’s trading policies or thepossession of material non-public information. Pomeroy’s market cap is$86 million.
  • Alcon, Inc. (NYSE:ACL) approved a new share repurchase program that allows for the purchase of up to $1.1 billionof shares of outstanding common stock targeted over a twelve monthperiod.  The $1.1 billion share repurchase program provides for a purchase of shares from the company’s majority shareholder,Nestle, S.A. Specifically at a rate of three shares fromNestle for every share acquired by the company in the market. This new program is in addition to thecompany’s existing repurchase program, under which, as of December 5,2007, the company has remaining authorization to repurchase up to 2.8million shares. It is anticipated that the new repurchase program willcommence in the first quarter of 2008.
  • The Western Union Company (NYSE: WU) authorized an additional $1 billionfor purchases of its common stock through 2009, and this is in additionto the approximately $300 million remaining under previous sharerepurchase authorization. With a $1.3 Billion total plan, it has $17Billion market cap.
  • International Assets Holding Corp. (NASDAQ:IAAC) renewed the Company’sshare repurchase authorization for an increased amount of $5,000,000 in shares of common stock.  The renewal will be effective January 1, 2008. IAAC’s market cap is $226 million.
  • 4Kids Entertainment (NYSE:KDE) saw its shares rise on a 1 million share buyback of around $11 million; market cap is $157 million.  FULL REVIEW with value investor synopsis.
  • Dell (NASDAQ:DELL) was the biggy of the week, but you wouldn’t haveknown it if you saw the stock trades.  It is reinstating its sharerepurchase plan and will spend up to $10 Billion in share buyback.  Its market cap is $55.8 Billion.  FULL COVERAGE.

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Posted on: December 7, 2007 – 1:54 pm in Stock Buybacks, The Week, , , , , , , , , , , , , , , ,

Yu-Gi-Oh Starts Buying 4Kids Stock (KDE, SCHL)

4Kids Entertainment, Inc. (NYSE: KDE) must have gotten tired of seeing its stock hitting new near-term lows in its stock prices.  The entertainment company which has the US rights to Yu-Gi-Oh ™ and rights to TMNT ™, Cabbage Patch Kids ™, and more has approved a share buyback plan of up to 1 million shares of its common stock through December 31, 2008.  This only represents $11.5 million dollars or so today, but the market cap for the company is only $154 million.

Interestingly enough, this one just recently started coming through on certain value investing stock screens based upon its balance sheet and the stock recently hitting 52-week lows making the company’s market cap closer and closer to its tangible book value.

4Kids still has spotty earnings, so using a hard book value isn’t the greatest measurement out there.  That being said, as of its September 30 balance sheet it only has $23.6 million in total liabilities and its total assets were listed as $172.5 million.  Normally we’d back out the goodwill and other intangibles and look at this with having real assets of roughly $135 million, but because of the name kid franchises it has we actually think the goodwill and intangibles are possibly understated.

We were briefly evaluating this one as a candidate in recent days for our Special Situation Investing Newsletter, but the fairly low trading volume may keep this at bay.  24/7 Wall St. does believe that it has an under-leveraged balance sheet, although the spotty earnings and cash flows currently and expected ahead are the reasons for that.

For the right buyer this would offer some extreme value under the rightcircumstances.  But it is definitely not a given that the company’sstock will be the assured beneficiary.  4Kids stock is up over 4% today at $11.75 after the news, and its 52-week trading range is $11.18 to $20.31.  This did hit a new 52-week low this morning at $10.72 before recovering and this has a short interest of 815,000 shares as of the latest data.

Jon C. Ogg
December 4, 2007

Posted on: December 4, 2007 – 2:22 pm in Entertainment, Stock Buybacks, , , , , ,