SolarCity (SCTY) PT Raised to $67 at Canaccord Genuity
Baird analyst Ben Kallo reiterated an Outperform rating on SolarCity (NASDAQ: SCTY) but lowered his price target to $76.00 (from $83.00) following Q4 results.
Kallo commented, "SCTY slightly missed its installation guidance largely driven by commercial project push-outs, but continued to reduce costs, maintained full-year installation guidance, has secured the majority of its 2015 financing requirements, and is seeing strong Q1 bookings. U.S. market demand and fundamentals remain strong, although shares could face pressure from concerns over the steep ramp needed to meet installation targets, additional metrics which complicate the story, and potential pressure on retained value."
The firm lowered FY 2015 EPS from ($4.75) to ($6.21
He drops earnigs big time, but keeps a buy rating on SCTY. Really?
February 19, 2015 7:59 AM EST
Roth Capital affirms SolarCity (Nasdaq: SCTY) at Buy with a price target of $98 following Q4 results and guidance.Analyst Philip
Shortfall of net cash of approximately $93 million for the fourth quarter 2014 (based on an annualized distribution of $2.90 per unit), compared to an excess of net cash of $32 million for the fourth quarter 2013; and an excess of net cash of approximately $24 million for the full-year 2014, compared to a shortfall of net cash of approximately $5 million for 2013
Net loss of approximately $155 million, or $0.47 per unit, for the fourth quarter 2014, which includes non-cash impairment charges of approximately $1.7 billion, or $5.16 per unit, and non-cash gains related to changes in fair value of unsettled commodity derivatives of approximately $1.2 billion, or $3.70 per unit. For the full-year 2014, the Company reported a net loss of approximately $452 million, or $1.40 per unit, which includes non-cash impairment charges of approximately $2.3 billion, or $7.00 per unit, and non-cash gains related to changes in fair value of unsettled commodity derivatives of approximately $1 billion, or $3.13 per unit
How's that $25 pt working out for you? LOl.. Keep buying those dips, you dips. LOl.....
The latest report from API showed crude oil inventories rose by 14.3 million barrels last week against an increase of 1.6 million the week earlier
SolarCity sees Q1 EPS of ($1.75)-($1.65), versus the consensus of ($1.25). SCTY said, "With regard to Q1 2015 GAAP guidance, we expect Operating Lease and Solar Energy Systems Incentive Revenue of $47 million - $52 million with solar electricity production remaining lower in the winter months at the start of the year and a higher mix of deployments in the more wintry Northeast states leading to greater seasonality than we have experienced historically. Solar Energy System and Component Sale Revenue is expected to range between $6 million and $8 million."
The company also said, “At the high end of our 2015 guidance, we would achieve our overarching goal to maintain our historical pace of roughly doubling MW every year. This would imply cumulative MW Deployed at the end of the year generating an annualized run rate of between 2.5 and 3.0 TWh of clean solar energy per year. While this would represent significant growth from ~0.25 TWh generated in 2012, our solar systems would still represent a small fraction of less than 0.1% of total U.S. electricity consumption of ~4,000 TWh per year.”
Just think if investors thought that AAL was a cyber attack, cloud storage soft ware airline this would be trading above $10,000.with a market cap of 1 Trillion. So I think AAl should rename it self Cyber Cloud Advantage. LOl...Dang thing estimate to earn $10 plus & it can't even get over $49. Depressing!!!! As u can see I'm bore!!
Fossil (FOSL) PT Cut to $130 at Jefferies Post Q4; 'Buy' Maintained
February 18, 2015 7:40 AM EST
Jefferies analyst Randal Konik lowered his price target on Fossil (NASDAQ: FOSL) to $130.00 (from $150.00) following Q4 results and ...
You would have to be insane to think Fosl is worth $130. Just saying.....
BofA/Merrill Lynch Slashes Estimates, PT on Fossil (FOSL) Amid Weak 2015 Outlook
February 18, 2015 6:45 AM EST
BofA/Merrill Lynch lowered estimates and its price target on Fossil (NASDAQ: FOSL) to $80.00 (from $95.00) following Q4 results
Fossil Group (NASDAQ: FOSL) reported Q4 EPS of $3.00, $0.07 worse than the analyst estimate of $3.07. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.12 billion.
Wholesale net sales decreased 4%; decreased 1% in constant currency, with increases in Europe and Asia Pacific offset by a decline in North America
Direct to consumer net sales increased 12%; increased 16% in constant currencyGlobal comparable store sales increased 7.7%, with increases in Europe, North America and Asia Pacific
Fossil Group sees Q1 2015 EPS of $0.59-$0.69, versus the consensus of $1.21.
Fossil Group sees FY2015 EPS of $5.45-$6.05, versus the consensus of $7.54.
No $10 earning with oil at $80, more like $5 to $6 which makes AAL a $30 stock.
Oil is going back to $80 by May. Short airlines, go long oil & oil stocks.