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Major After-Hours Stocks On The Move (AMZN, AVL, ILMN, HHH, JNPR, CSCO, CIEN, KEYN, LVS, LLTC, QCOR, TPX)

Administrator — Tue, 26 Jul 2011 21:25:20 +0000

Most of the after-hours movers are on earnings reports this Tuesday evening. We have been tracking moves and added color on the after-market trading in shares of the following: Amazon.com, Inc. (NASDAQ: AMZN), Avalon Rare Metals Inc. (AMEX: AVL), Illumina, Inc. (NASDAQ: ILMN), Internet HOLDRs (NYSE: HHH), Juniper Networks, Inc. (NYSE: JNPR), Cisco Systems, Inc. (NASDAQ: CSCO), CIENA Corporation (NASDAQ: CIEN), Keynote Systems Inc. (NASDAQ: KEYN), Las Vegas Sands Corp. (NYSE: LVS), Linear Technology Corporation (NASDAQ: LLTC), Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR), and Tempur Pedic International Inc. (NYSE: TPX).

Amazon.com, Inc. (NASDAQ: AMZN) managed to blow past earnings and guide revenues higher. All this while margins continue to be overlooked. Shares were up and are up even more now at all-time highs… The gain is up 6.7% at $228.65 on nearly 3 million shares since the 4PM bell.

Avalon Rare Metals Inc. (AMEX: AVL) is getting squashed after a filing for the sale of 7 million shares of common stock “to complete a bankable feasibility study on the Thor Lake Project and for working capital and general corporate purposes.” Shares rose 6.9^ today to $6.81 and shares are almost giving it all back with a 6% drop to $6.81 in the after-hours.

Illumina, Inc. (NASDAQ: ILMN) fell 3.6% today to $69.65 ahead of earnings. It beat estimates but gave light guidance for 2011 after having seen such a big run before. Shares are down over 9% at $63.25 right before the closing bell.

Internet HOLDRs (NYSE: HHH) has traded an unusual 13,000 shares and is up 3.3% at $81.98 in the after-hours session. The reason is simple: the weighting is over 48.5% Amazon.com.

Networking equipment makers be damned! Juniper Networks, Inc. (NYSE: JNPR) is down over 13% at $27.04 on more than 3.4 million after-hours shares. The “little-Cisco” turned in light earnings for the second quarter and guidance for the third quarter looked light as well after blaming deployment timing delays of service provider.

Speaking of Cisco Systems, Inc. (NASDAQ: CSCO), if things are soft at Juniper the idea is that there is no way things are great before the company has even implemented a turnaround and restructuring yet. Cisco is down 1.7% at $16.01 on nearly 1 million shares since the 4PM bell. Elsewhere, CIENA Corporation (NASDAQ: CIEN) is down 5% at $16.70 after the closing bell.

Keynote Systems Inc. (NASDAQ: KEYN) beat earnings and raised its guidance for sales and earnings in Q3… Shares are up 10% at $24.00, above the 52-week range of $9.00 to $23.75.

Las Vegas Sands Corp. (NYSE: LVS) beat estimates, in part from Asian operations, and shares are up 5.4% at $48.75 on more than 1.8 million shares in the after-hours session.

Linear Technology Corporation (NASDAQ: LLTC) may have grown revenues 27% but the focus and emphasis is on light guidance for the next quarter. Shares are down right at 5% at $29.65 in the after-hours session this evening.

Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) managed to turn in above-estimate earnings sales after the close, sending shares up 8.8% at $28.30. Keep in mind that the 52-week range before this was $9.01 to $28.20.

Tempur Pedic International Inc. (NYSE: TPX) was halted, a fear, but the fear was unwarranted… The company beat earnings, raised guidance, and started a share buyback plan. Shares closed down 1% today but the after-hours session has shares up 6.4% at $66.02.

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JON C. OGG

Filed under: After-Hours Activity, Earnings, Trading Alert Tagged: AMZN, AVL, CIEN, CSCO, HHH, ILMN, JNPR, KEYN, LLTC, LVS, QCOR, TPX

52-Week High Club

247wallst — Fri, 16 Oct 2009 20:13:09 +0000

Tempur-pedic International Inc (NYSE: TPX) shares rallied over 3% to a yearly high of $22.29 after the company raised its FY09 estimates yesterday afternoon.

Columbia Sportswear (NASDAQ: COLM) hit a yearly high of $44.41 after the company was upgraded by analysts at Sterne Agee.

Google Inc (NASDAQ: GOOG) shares rallied over 3% to a yearly high of $554.34 after the company beat analysts’ earnings estimates.

Garrett W. McIntyre

Posted in Analyst Calls, Apparel, Earnings Tagged: COLM, GOOG, TPX

Top Analyst Upgrades (EAT, DFS, KWK, UHS, TPX, VPHM)

247wallst — Tue, 28 Apr 2009 11:54:43 +0000

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Tuesday morning:

Brinker International (EAT) Raised to Buy at Argus Research.
Discover Financial Services (DFS) Started as Buy at Jefferies.
Quicksilver Resources (KWK) Raised to Buy at Jefferies.
Universal Health (UHS) Raised to Buy at Deutsche Bank.
Tempur-Pedic (TPX) Raised to Buy at KeyBanc.
ViroPharma (VPHM) Started as Buy at ThinkEquity.

JON C. OGG

Posted in Analyst Calls Tagged: DFS, EAT, KWK, TPX, UHS, VPHM

Top 10 Pre-Market Analyst Calls (BMC, CNK, CTXS, CME, CTCM, DHT, RDEN, HOV, TPX, WLL)

247wallst — Tue, 17 Jun 2008 06:10:16 +0000

These aren’t going to be the only impact analyst calls this Tuesday morning, but these are ten of the calls we are focusing on very early this morning:

BMC Software (NYSE: BMC) Started as Neutral at UBS.
Cinemark (NYSE: CNK) cut to equal-weight at Morgan Stanley.
Citrix Systems (NASDAQ: CTXS) Cut to Market Perform from Outperform at FBR.
CME Group (NYSE: CME) Raised to Buy from Hold at Citigroup.
CTC Media (NASDAQ: CTCM) started as Overweight at Lehman Brothers.
Double Hull Tankers (NYSE: DHT) raised to Neutral at JPMorgan.
Elizabeth Arden (NASDAQ: RDEN) raised to Outperform at Oppenheimer.
Hovnanian Enterprises (NYSE: HOV) Raised to Neutral from Sell at UBS.
Tempur-Pedic (NYSE: TPX) cut to Perform at Oppenheimer.
Whiting Petroleum (NYSE: WLL) started as Outperform at Wachovia.

Jon C. Ogg
June 17, 2008

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

247wallst — Mon, 08 Oct 2007 11:33:43 +0000

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