Posts for Ticker ‘SCSS’

Top 10 Analyst Upgrades and Downgrades (AMGN, AVY, COLM, DSGX, EJ, JASO, KG, SCSS, SPWRA, THC)

These are the ten top analyst upgrades,downgrades, and initiations we have seen early this Friday morning with roughly two hours until the market opens:

Amgen (AMGN) Cut to Hold at Citigroup.
Avery Dennison (AVY) Raised to Overweight at JPMorgan.
Columbia Sportswear (COLM) Raised toOverweight at Barclays.
Descartes Systems (DSGX) Started as Overweight at Thomas Weisel.
eHouse China (EJ) Raised to Outperform at Oppenheimer.
JA Solar (JASO) Cut to Equal Weight t Barclay.
King Pharma (KG) Cut to Hold at Needham.
Select Comfort (SCSS) Reinitiated as Buy at KeyBanc.
SunPower (SPWRA) Started as Buy at Needham.
Tenet Healthcare (THC) Raisd to Outperform at Baird.

JON C. OGG
August 14, 2009

Posted on: August 14, 2009 – 7:51 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club (SOV)(SCSS)(SBUX)(TSFG)

Sovereign Bancorp (SOV) Moody’s cuts rating. Drops to $6.48 from 52-week high of $24.71.

Select Comfort  (SCSS) Quarter short of expectation. Down to $2.45 from 52-week high of $19.03.

Taser (TASR) Misses estimates for quarter. Sells off to $7.30 from 52-week high of $19.36.

Starbucks (SBUX) What a mess. Misses every number imaginable. Drops to $15.39 from 52-week high of $32.30.

South Financial Group (TSFG) Posts a first quarter loss. Off to $6.02 from 52-week high of $24.79.

Douglas A. McIntyre

Posted on: April 24, 2008 – 2:52 pm in HI/LOW, , , ,

Top 10 Pre-Market Analyst Calls (CHTR, CTXS, DNE, LULU, MDTH, MSFT, PLX, SCSS, VNO, WY)

These are not the only analyst calls affecting shares this morning, but these are the first ones that 247WallSt.com is focusing on:

  • Charter Communications (NASDAQ: CHTR) Cut to Neutral at Credit Suisse.
  • Citrix Systems (NASDAQ: CTXS) cut to Hold at Jefferies.
  • Dune Energy (NYSE: DNE) Started as Buy at Jefferies.
  • lululemon athletica (NASDAQ: LULU) raised to Outperform at Credit Suisse.
  • MedCath Corp. (NASDAQ: MDTH) Raised to Outperform at Credit Suisse.
  • Microsoft (NASDAQ: MSFT) started as Buy at Jefferies.
  • Protalix Biotherapeutics (AMEX: PLX) started as Buy at UBS.
  • Select Comfort (NASDAQ: SCSS) Raised to Market Perform at Morgan Keegan.
  • Vornado Realty (NYSE: VNO) Raised to Buy at Goldman Sachs.
  • Weyerhaeuser (NYSE: WY) raised to Buy at UBS.

Jon C. Ogg
March 11, 2008

Posted on: March 11, 2008 – 6:42 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club (NT)(GSK)(IAR)(IFX)

Idearc (NYSE: IAR) Big earnings miss mugs shares, Down to $11.21 from 52-week high of $38.

Infineon Technologies (NYSE: IFX) German company posts weak numbers. Sells off to $7.89 from 52-week high of 18.74.

R H Donnelley  (NYSE: RHD) Printing operation has rough day. Falls to $21.10 from 52-week high of $84.49.

Prudential (NYSE: PRU) Joins other financials in the basement. Drops to $69.05 from 52-week high of $103.27.

Nortel Networks (NYSE: NT) Concerns about tech catch up to enterprise telecom equipment firm. Falls off to $10.95 from 52-week high of $31.79.

GlaxoSmithKline (NYSE: GSK) Drug maker has headache. Sells off to $41.71 on earnings from 52-wek high of $59.98.

Orion Energy Systems (NASD:OESX) Brutal quarter. Drops to $6.56 from 52-week high of $22.46.

Edge Petroleum  (NASD: EPEX) Company is selling some of its assets. Sells off to $4.05 from 52-week high of $15.78.

Select Comfort (NASD: SCSS) Bad quarter and downgrade. Drops to $4.94 from 2-week high of $20.17.

Douglas A. McIntyre

Posted on: February 7, 2008 – 4:04 pm in HI/LOW, , , , , , , , ,

Sealy and Tempur Pedic Sleeping Separately (ZZ, TPX, SCSS)

After looking at downgrades this morning and then after the stocks that hit 52-week lows, Sealy Corp. (NYSE:ZZ) showed up on the list.  Sealy saw its stock become broken last week after its $0.22 EPS was well short of $0.32 estimates.  It seems that soft housing is the obvious, but lower pricing power is also a factor here.  Its share buyback plan isn’t doing much to keep it off of lows either.  Banc of America’s downgrade from a Buy to Neutral is the extra catalyst for selling today.  The 52-week low of $13.000 from Friday was taken out today, and while shares are back within a few pennies of that level it appears that $12.52 was the new low put in today.  After this came public in early 2006 shares did drop down to $12.00 before coming back up to $18.00.

Select Comfort (NASDAQ:SCSS) shares are up almost 1% today, although it hasn’t done much better in general.  At $14.55, shares are close to the bottom of its $13.85 to $25.25 trading range over the last 52-weeks.  The standout is Tempur-Pedic (NYSE:TPX).  Its shares are down marginally today at $38.91, but its 52-week trading range is $17.12 to $37.87. 

These companies are all profitable and are expected to remain that way.  Market caps are all somewhat low: Sealy $1.4 Billion; Tempur-Pedic $2.9 Billion; Select Comfort $637 million.  These all have straight forward business models where competitors might not want to come into an established industry, and in the past each one of these have been thought of that under the right conditions could become targets of private equity.  Those thoughts are probably long gone for the current buyout climate.  But if they get too cheap it may be too hard not to look at.

Jon C. Ogg
October 8, 2007

Posted on: October 8, 2007 – 11:33 am in HI/LOW, , ,

Massive List of 52-Week Lows (June 20, 2007)

Stock Tickers: AVR, BCRX, CACH, CHCI, COLY, CTIC, FSII, HOV, HR, INFS, LEG, MTH, PEIX, RSYS, SCSS, SEPR, SNY, STAA, USBE, UTSI, VSE, YSI

Once again, many many more losers…..This list is larger than most of recent note.  There is just about any given day where there are fresh 52-week lows:

Aventine Renewable (AVR)…-3.9% to $14.09; $14.60 prior low.  Watch the renewable energy names as they are plentiful on 52-week lows.

BioCryst Pharma (BCRX)…-3.3% at $6.92; prior 52-week low $7.13; follow-on weakness from Peramivir Monday.

Cache (CACH)…-2.7% to $13.92; not lowest intraday but low close.

Comstock Homebuilders (CHCI)…-4.4% to $2.83; another stinking homebuilder.

Coley Pharma (COLY)….-59% to $3.46; $8.00 prior lows; intra-day implosion as Pfizer ditches its cancer drug.

Cell Therapeutics (CTIC)…-9.4% to $3.09; prior 52-week low was $3.38.

FSI International (FSII)….-13% to $3.43; $3.91 was prior low; weak guidance; hedge fund pressures CEo.

Hovnanian Enterprises (HOV)…-3% to $19.08; prior 52-week low $19.53; another stinking homebuilder.

Healthcare Realty (HR) -2.2% to $28.34; prior 52-week low was $28.57; this one goes lower and lower each week it feels like.

InFocus (INFS) -4% to $2.33; follow-on weakness after CFO quit; stock imploding….

Leggett & Platt (LEG)…-0.7% to $21.92; not tru 52-week low but low close; continued weakness after estimates cut from housing.

Meritage Homes (MTH)..-1.5% to $28.75; another stinking homebuilder.

Pacific Ethanol (PEIX)…-2.35 to $12.35; lowest close of late; and we thought ethanol was king…..

Radisys (RSYS)…-3.8% to $12.80; not true low but low close and hit intraday lows; no news today.

Select Comfort (SCSS)…-2.1% to $16.03; prior low $16.09; weak housing must mean weak bed sales; maybe hamocs are the new rage?

Sepracor (SEPR)…-2.5% to $43.67; prior 52-week low $43.84; insiders exercising stock options this week; P/E ratio drifting lower and lower; now down 33% from highs.

Sanofi-Aventis (SNY)…-1.8% to $40.84; prior low $41.09; drug woes continue; worries they’ll dilute to buy Bristol-Myers.

Staar Surgical (STAA)…-2.85% to $4.09; $4.14 prior 52-week lows; no news, but not a ’staar’ after all.

US Bioenergy (USBE)…-2.6% to $10.67; $10.78 prior low; busted IPO looks like worse getting even worse.

UTSarcom (UTSI)…-3.8% to $5.28; $5.43 was prior 52-week low; down more than 50% in last year; the beatings will continue until leadership improves AND until they actually report and open the books.

VeraSun (VSE)…-4.7% to $13.08; $13.69 was prior 52-week low; ethanol slide continues.

u_Store-It Trust (YSI)…-2.9% to $16.97; $17.05 was prior intra-day low; no news, but they obviously aren’t storing enough.

Jon C. Ogg
June 20, 2007

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

Posted on: June 20, 2007 – 3:38 pm in HI/LOW, , , , , , , , , , , , , , , , , , , , , ,