Posts for Ticker ‘PETM’

Top Analyst Upgrades (BCSI, CVD, TRAK, DNDN, DISH, GYMB, HPQ, M, BTU, PETM, X)

These are this Tuesday morning’s top pre-market analyst upgrades and positive research calls seen from Wall Street:

Blue Coat Systems (BCSI) started as Buy at BofA/Merrill.
Covance (CVD) upgraded to Buy at Jefferies.
DealerTrack Holdings (TRAK) upgraded to Outperform at Cowen.
Dendreon (DNDN) Started as Outperform at Leerink Swann.
DISH Network (DISH) upgraded to Outperform at Wells Fargo.
Gymboree (GYMB) upgraded to Outperform at FBR Capital.
Hewlett-Packard (HPQ) upgraded to Outperform at Credit Suisse.
Macy’s (M) upgraded to Buy at Citigroup.
Peabody Energy (BTU) upgraded to Buy at Citigroup.
Petsmart (PETM) Started as Overweight at Thomas Weisel.
US Steel (X) upgraded to Neutral at BofA/Merrill.

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

Posted on: September 22, 2009 – 8:17 am in Analyst Calls, , , , , , , , , , ,

Top Day Trader Alerts (PETM, GOOG, STP, NTAP, SHLD, EDAP)

These are this Tuesday’s top day trader and active stock alerts.  We have more detailed data on volume and price analysis with links through to VSInvestor.com on each stock:

PetSmart Inc. (NASDAQ: PETM) was dropping worse than last night and down almost 12% after beating earnings but giving weak guidance.

Google Inc. (NASDAQ: GOOG) is trading up close to 2% after a Goldman Sachs upgrade this morning.

Suntech Power Holdings Co. Ltd. (NYSE: STP) was down but then traded up marginally despite a huge earnings drop and a weaker than prior target Megawatt shipment goal.

NetApp, Inc. (NASDAQ: NTAP) is one of the more active issues and down close to 5% after beating earnings.  Guidance was not very committed and its CEO being replaced sent shares scrambling.

Sears Holdings Corporation (NASDAQ: SHLD) is down over 10% as Wall Street does not want to see any more losses from Lampert and friends.

EDAP TMS SA (NASDAQ: EDAP) was an exponential runner late yesterday and is up another 20% this morning on what is already exponential volume.

-The 24/7 Wall Street Team

Posted on: August 20, 2009 – 9:06 am in Pre-Market Activity, Trading Alert, , , , , ,

Top 10 Analyst Upgrades & Downgrades (AZN, BDN, CHA, HURN, PRU, PETM, RF, SOL, RDS-B, TWB, UA)

These are Thursday’s top ten analyst research summary upgrades, downgrades, and initiations from Wall Street brokerage firms:

AstraZeneca (AZN) Cut to Hold at Citigroup.
Brandywine Realty (BDN) Cut to Neutral at BofA/Merrill Lynch.
China Telecom (CHA) Raised to Hold from Sell at Deutsche Bank.
Huron Consulting (HURN) Raised to Neutral from Underperform at at Baird.
Prudential (PRU) Raised to Outperform at FBR.
PetSmart (PETM) Cut to Neutral from Outperform at Credit Suisse.
Regions Financial (RF) Cut to Hold at Deutsche Bank.
ReneSola (SOL) Raised to Buy from Neutral at Goldman Sachs.
Royal Dutch Shell (RDS-B) Raised to Buy at Citigroup.
Tween Brands (TWB) Raised to Hold from Sell at Citigroup.
Under Armour (UA) Cut to Underweight from Hold at KeyBanc.

JON C. OGG
August 20, 2009

Posted on: August 20, 2009 – 7:48 am in Analyst Calls, , , , , , , , , , ,

PetSmart Gives Earnings Dogfight (PETM)

PetSmart Logo PetSmart Inc. (NASDAQ: PETM) is getting shelled in after-hours trading after the large pet products retail giant posted disappointing earnings and guidance.  It turns out that spending on Fido and Fifi might not be  entirely recession-proof.   The company reported a 3% gain in second quarter earnings of $0.31 EPS on 5.4% higher revenues of $1.31 billion.  So this was growth and was also ahead of the Thomson Reuters earnings figures of $0.29 EPS, but a tad under the consensus estimate of $1.32 billion in revenues.

The increase in net sales was partially impacted by $8.6 million in unfavorable foreign currency fluctuations, while comparable store sales rose by 0.8%.  Pet services sales were $154.2 million, a gain of 10.2% from a year ago. But then the good news stops.
Read More »

Posted on: August 19, 2009 – 5:05 pm in Earnings, Entertainment, Retail,

Top 10 Analyst Upgrades/Downgrades (AMGN, CELL, ELON, SATS, KR, QLGC, MBI, PETM, S, YUM)

These are the top  10 pre-market analyst upgrades and downgrades in Wall Street research calls this Tuesday morning:

Amgen (AMGN) Started as Buy at RBC.
Brightpoint (CELL) Raised to Buy at Citigroup.
Echelon (ELON) Raised to Neutral at Piper Jaffray.
Echostar Holdings (SATS) Raised to Buy at Citigroup.
Kroger (KR) Started as Buy at Deutsche Bank.
QLogic (QLGC) Raised to Outperform at RBC.
MBIA Inc. (MBI) Cut to Underweight at JPMorgan.
PETsMART (PETM) Cut to Neutral at JPMorgan.
Sprint Nextel (S) Cut to Underweight at Piper Jaffray.
YUM! Brands (YUM) Cut to Neutral at UBS.

JON C. OGG
AUGUST 11, 2009

Posted on: August 11, 2009 – 7:58 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Upgrades (GSK, JPM, LEAP, MS, NLS, PSO, PETM, TOT)

Money_stack_picThese are some of the top pre-market analyst upgrades we have seen early this Monday morning with more than two and a half hours to the market open:

  • GlaxoSmithKline (GSK) Started as Buy at Jefferies.
  • JPMorgan Chase (JPM) Started as Buy at Goldman Sachs.
  • Leap Wireless (LEAP) Raised to Outperform at Baird.
  • Morgan Stanley (MS) Raised to Buy at Goldman Sachs.
  • Nautilus (NLS) Raised to Neutral at Merriman Curhan Ford.
  • Pearson (PSO) Raised to Neutral at JPMorgan.
  • PETsMART (PETM) Raised to Buy at Goldman Sachs.
  • Total (TOT) Raised to Buy at Bank of America Merrill Lynch.

Jon C. Ogg
January 26, 2009

Posted on: January 26, 2009 – 7:06 am in Analyst Calls, , , , , , , ,

Top Pre-Market Analyst Downgrades (AZO, CX, FNM, ISIL, MHK, NVDA, PETM, POR, TSCO, UST)

These are some of the larger impact calls from analysts with downgrades or negative calls we are seeing this Monday morning with more than two hours to the open:

  • AutoZone (AZO) Cut to Neutral at Goldman Sachs.
  • Cemex (CX) Cut to Hold at Deutsche Bank.
  • Fannie Mae (FNM) and Freddie Mac (FRE) Cut to Sell from Buy at Citigroup.
  • Intersil (ISIL) Cut to Neutral at UBS.
  • Mohawk Industries (MHK) Cut to Underweight at JPMorgan.
  • NVIDIA (NVDA) Cut to Sell at UBS.
  • PetSmart (PETM) Cut to Neutral at Goldman Sachs.
  • Portland General Electric (POR) Cut to Neutral at Goldman Sachs.
  • Tractor Supply (TSCO) Cut to Neutral at UBS.
  • UST (UST) Cut to Neutral at UBS.

Jon C. Ogg
September 8, 2008

Posted on: September 8, 2008 – 6:34 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AA, ACAS, NLY, ARRS, BYD, CCJ, INTU, ISRG, MCHP, PETM)

These are ten of the analyst calls we are focusing on this Wednesday morning in the early pre-market hours:

  • Alcoa (NYSE: AA) cut to Neutral at JP Morgan.
  • American Capital (NASDAQ: ACAS) started as Neutral at Robert W. Baird.
  • Annaly Mortgage (NYSE: NLY) cut to Neutral at JPMorgan.
  • Arris (NASDAQ: ARRS) cut to Perform at Oppenheimer.
  • Boyd Gaming (NYSE: BYD) raised to Neutral at Banc of America.
  • Cameco (NYSE: CCJ) raised to Buy at UBS.
  • Intuit (NASDAQ: INTU) started as Neutral at Goldman Sachs.
  • Intuitive Surgical (NASDAQ: ISRG) started as Outperform at William Blair.
  • Microchip (NASDAQ: MCHP) cut to Neutral at JPMorgan.
  • PETsMART (NASDAQ: PETM) raised to Overweight at JPMorgan.

Jon C. Ogg
June 11, 2008

Posted on: June 11, 2008 – 6:31 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ABB, CAH, EV, FAST, GE, MMC, PETM, SPW, V)

These are not the only analyst calls being seen this Monday in pre-market hours, but these are the top calls that 247WallSt.com is focusing on so far this morning:

  • ABB (NYSE: ABB) cut to Equalweight From Overweight at Lehman.
  • Cardinal Health (NYSE: CAH) removed from Conviction Buy List but maintained Buy at Goldman Sachs.
  • Eaton Vance (NYSE: EV) Raised to Neutral from Underweight at JPMorgan.
  • Fastenal (NASDAQ: FAST) Cut to Neutral from Buy at Piper Jaffray.
  • General Electric (NYSE: GE) downgraded to Perform from Outperform at Oppenheimer; cut to Peer Perform from outperform at Bear Stearns.
  • Marsh & McLennan (NYSE: MMC) Raised to Outperform at KBW.
  • PETsMART (NASDAQ: PETM) raised to Buy from Neutral at Banc of America.
  • SPX Corp (NYSE: SPW) cut to Hold at Deutsche Bank.
  • Visa (NYSE: V) started as Outperform at KBW.

Jon C. Ogg
April 14, 2008

Posted on: April 14, 2008 – 6:11 am in Analyst Calls, , , , , , , , ,

The 52-Week Low Club (MS)(LEH)(WB)(FNM))(MER)(C)(JPM)

Thornburg Mortgage (NYSE: TMA) Fear of Chapter 11. Falls to $1.26 from 52-wek high of $28.40.

CIT Group (NYSE: CIT) Lehman Brothers cuts price target. Drops to $15 from 52-week high of $61.47.

iStar Financial (NYSE: SFI) Price target cut by Citigroup. Falls to $12.71 from 52-week high of $49.84.

JP Morgan (NYSE: JPM) Worries about more write-offs. Sells down to $37.15 from 52-week high of $53.25.

Citigroup (NYSE: C) Concerns about need to raise more capital. Down to $21.11 from 52-week high of $55.55.

Merrill Lynch (NYSE: MER) Another candidate for big write-downs. Down to $45.73 from 52-week high of $95.

Fannie Mae (NYSE: FNM) Mortgage business slightly out of favor. Falls to $21.21 from 52-week high of $70.57.

Wachovia (NYSE: WB) Money center banks all dropping. Sells down to $27.36 from 52-week high of $57.45.

Lehman Brothers (NYSE: LEH) Joins investment banking low club. Drops to $45.20 from 52-week high of $82.05.

Morgan Stanley (NYSE: MS) Ditto. Down to $39.46 from 52-week high of $90.95.

Omrix Biopharmaceuticals (NASDAQ: OMRI) Misses on earnings. Falls to $13.88 from 52-week high of $40.90.

PETsMART (NASDAQ: PETM) Pets stop shopping. Earnings off. Drops to $19.64 from 52-week high of $35.48.

Douglas A. McIntyre

Posted on: March 6, 2008 – 4:03 pm in HI/LOW, , , , , , , , , , , ,

52-Week Low Club (December 28, 2007)

Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close.  But these did all touch or breach the 52-week lows.  At the end we also broke out retail stocks, financial stocks, airlines & transports, and hotels.  A separate report could have been compiled for REIT’s as well, but many of those were left off because of room or volume. There were enough 52-week lows today that you might even wonder if there had been a mini-crash in the markets.  Here are the 52-week lows for December 28, 2007:

  • Advanced Micro Devices (NYSE: AMD)… imagine if the company got Hector Ruiz to leave.
  • American Greetings (NYSE: AM)…again.
  • AstraZeneca (NYSE:AZN)… new entrant.
  • Carmike Cinemas (NASDAQ:CKEC)
  • ChipMOS (NASDAQ:IMOS)
  • Corp. Office Property (NYSE: OFC)
  • Cryptologic (NASDAQ: CRYP)
  • Diebold (NYSE:DBD)
  • Fortune Brands (NYSE:FO)
  • Group 1 Auto (NYSE: GPI)
  • Infinera Corp. (NASDAQ: INFN)
  • Introgen (NASDAQ:INGN)
  • Japan Smaller Cap Fund (NYSE: JOF)
  • Lamar Advertising (NASDAQ: LAMR)
  • Legget & Platt (NYSE: LEG)
  • Martha Stewart (NYSE: MSO)
  • Marvell Tech (NASDAQ:MRVL)
  • Mattel (NYSE:MAT)
  • McClatchy (NYSE:MNI)
  • Micron Tech (NYSE:MU)
  • NGAS Resources (NASDAQ:NGAS)
  • Nortel Networks (NYSE:NT)
  • Owens Corning (NYSE:OC)
  • Omnicare (NYSE:OCR)
  • Prestige Brand (NYSE: PBH)
  • PC-Tel (NASDAQ:PCTI)
  • Ruth’s Chris (NASDAQ:RUTH)
  • SanDisk (NASDAQ: SNDK)
  • Theravance (NASDAQ:THRX)
  • Tractor Supply (NASDAQ:TSCO)
  • Wendy’s (NYSE: WEN)
  • World Fuel Services (NYSE:INT)
  • U-Store-It (NYSE:YSI)

Retail Stocks on 52-week lows: Ann Taylor (NYSE:ANN), Big Lots (NYSE:BIG), Borders Group (NYSE:BGP), Bon Ton Stores (NASDAQ:BONT), Chico’s FAS (NYSE:CHS), Finish Line (NASDAQ:FINL), Liz Claiborne (NYSE: LIZ), Macy’s (NYSE: M), Office Max (NYSE:OMX), Petsmart (NASDAQ:PETM), Stage Stores (NYSE:SSI)

Financial stocks on 52-week lows: Bear Stearns (NYSE: BSC), Citigroup (NYSE:C), Canseco (NYSE: CNO), Discover Financial (NYSE: DFS), Fifth Third Bancorp (NASDAQ:FITB), Fortress Investment (NYSE: FIG), MBIA Inc. (NYSE: MBI), Washington Mutual (NYSE:WM)… urgh!  When does it stop?

Airlines/Transports on 52-week lows:  Airtran Holdings (NYSE: AAI)…again.  Did they launch a Friends Die Free rewards plan?  Continental Airlines (NYSE:CAL), Fedex (NYSE:FDX), Mesa Air (NASDAQ:MESA), Northwest Airlines (NYSE: NWA)… near $100 oil is a real pain.

Hotels Hitting 52-week lows: Host Hotels (NYSE: HST), Lasalle Hotel (NYSE: LHO), Starwood Hotels (NYSE:HOT), Sunstone Hotel (NYSE: SHO), Wydham Worldwide (NYSE:WYN).  Maybe these all wish they could get the private equity buyers back in the sector.  If only they could still borrow.

These CEO’s new year’s resolutions are all the same: "In 2008 I want to keep my stock off the 52-week low lists."

Jon C. Ogg
December 28, 2007

Posted on: December 28, 2007 – 3:01 pm in HI/LOW, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,