Investing

5 Key After-Hours Movers on Monday

Earnings season has by and large passed its zenith, but this week will mark a massive number of companies which are still trickling their earnings out. 24/7 Wall St. has tracked 5 key after-hours movers in the after hours session on Monday, May 4, 2015. We have included a synopsis of the news causing the move on each. Also covered was a reaction versus the trading history, and color has been added on each.

AcelRx Pharmaceuticals, Inc. (NASDAQ: ACRX) may have risen 4% during regular trading, but that was then. It reported earnings and gave a regulatory update after the close. AcelRx submitted a request on April 21 to the FDA’s Division of Anesthesia, Analgesia, and Addiction Products for a Type B meeting, but the company said that the request for a meeting was denied this last Friday and that the FDA restated its view that a clinical study is required. in short, this means redoing tests for safety and efficacy, or other issues — shares were at $4.20 at the close, but the stock was down 30% at $2.91. if this drop holds, it will be a 52-week low as the prior range was $3.58 to $11.65.

Chuy’s Holdings, Inc. (NASDAQ: CHUY) managed to beat earnings expectations after the close. the Tex-Mex restaurant chain reported earnings of $0.19 per share and gave guidance of $0.76 to $0.79 per share. Thomson Reuters had estimates of $0.16 EPS for the quarter and $0.76 EPS for the year. Chuy’s also expects to open 10 to 11 new stores in 2015. The stock was down 1.7% to $22.15 in regular trading, but the shares were up over 8% to $24.00 in the after-hours — versus a 52-week range of $18.40 to $36.71.

InvenSense, Inc. (NYSE: INVN) is known for its intelligent sensor system on chips for Motion and Sound, but shares were selling off after the company reported its fourth quarter earnings. Net revenue fell 14% sequentially to $99.3 million in its fourth quarter of fiscal 2015 was $99.3 million, but this was actually up 68% from a year ago. Non-GAAP earnings was $0.12 per diluted share. Thomson Reuters had estimates of $0.12 EPS and $97.2 million in revenue. InvenSense shares were up almost 3% to $15.53 ahead of earnings, but the stock was down over 6% at $14.55 in the after-hours session on Monday. The company has a 52-week range of $13.19 to $26.78.

Nautilus Inc. (NYSE: NLS) reported its first-quarter financial results in after-hours trading Monday. The company had $0.34 in EPS on $96.2 million in revenue. There are consensus estimates of $0.24 in EPS on $82.86 million in revenue. The previous year had $0.18 in EPS and $71.90 million in revenue. Nautilus shares closed Monday down 0.5% at $17.21 on a 52-week trading range of $8.22 to $17.94. However in after-hours trading, shares jumped over 10% to $19.00, pushing a new high. The stock has a consensus analyst price target of $18.10.

ALSO READ: 5 Big Stocks Expected to Outperform Apple

Qualys, Inc. (NASDAQ: QLYS) released its first-quarter earnings Monday after the markets closed as $0.15 in earnings per share (EPS) and $37.5 million in revenue compared to Thomson Reuters consensus estimates of $0.11 in EPS on $37.99 million in revenue. The same quarter from the previous year had $0.05 in EPS on $30.36 million in revenue. Shares of Qualys closed Monday up 5.6% at $55.08. Following the release of the earnings report, shares were down about 24% at $41.95 in after-hours trading. The stock has a consensus analyst price target of $45.42 and a 52-week trading range of $18.01 to $55.47.

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.