|Bid||1.03 x 800|
|Ask||1.04 x 27000|
|Day's Range||1.0300 - 1.0600|
|52 Week Range||1.0200 - 4.5600|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.59|
The broad-based market decline can be attributed to lingering tariff related conflicts with China, plummeting crude oil prices, several geopolitical problems and yield curve inversion of sovereign bonds.
United Natural (UNFI) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Simply put, Snap (NYSE:SNAP) and Snap stock are unmitigated disasters. On a year-to-date basis, SNAP stock price has hemorrhaged nearly 61%. When the youth-centric company settled into its first horizontal trading range, several analysts recommended buying Snap stock on weakness because, unlike rivals Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR), the Snapchat platform resonated deeply with Generation Z.
Personalized online apparel company Stitch Fix (NASDAQ:SFIX) reported largely better than expected first-quarter numbers after the bell on Monday. For all intents and purposes, it was a double-beat-and-raise report that sent SFIX stock 10% higher in after-hours trade. Also, the company isn’t expecting its client base to grow at all during the holiday quarter.
If you’ve followed Blue Apron (NYSE:APRN) since its ill-fated initial public offering, I have nothing new to report: APRN stock still stinks. In fact, you can easily make the argument that at no point has APRN looked worse than it does now. Since opening at $10, Blue Apron stock has lost nearly 90% of its market capitalization.
In the first quarter, Blue Apron delivered adjusted EPS of -$0.17, easily besting analysts’ consensus estimate of -$0.24. Recently, Blue Apron announced that it was also slashing 4% of its workforce. For the fourth quarter, analysts expect Blue Apron to deliver adjusted EPS of -$0.17.
In the trailing five quarters, Blue Apron Holdings (APRN) has missed estimates on three occasions while reporting beats twice. In 2018, Blue Apron missed analysts’ sales estimate by 0.3% in the first quarter and by 4.7% in the second quarter. In the third quarter, Blue Apron’s customer base decreased 24.5% YoY to 646,000.
Blue Apron Holdings (APRN) is facing the blues. A pioneer in the meal kit space, the company is now facing numerous challenges. A shrinking customer base and stiff competition in the meal kit space are two of its major concerns. The meal kit arena now boasts many big and small players, including HelloFresh, Marley Spoon, Amazon (AMZN), and Kroger (KR).
Roughly a month ago, I cautioned that while cannabis name Canopy Growth (NYSE:CGC) may have been an indirect winner on Election Day, CGC stock was still held hostage by sentiment. Macquarie downgraded Constellation Brands (NYSE:STZ) late last week almost entirely because of its sizeable investment in Canopy Growth. The beer, wine and spirits company bought $4 billion worth of CGC stock in April, setting the stage for product-development partnerships, but loading it with what could be a losing equity stake.
NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
CEO Brad Dickerson will attend the Barclays Global Technology, Media and Telecommunications Conference on Dec. 6.
Blue Apron Holdings, Inc. announced today that members of its management team will participate in the following upcoming investor conferences:
Blue Apron Holdings Inc (NYSE: APRN ) shares are nearing 52-week lows after the meal kit service reported a second-quarter sales miss last week. The subscription service is undergoing a restructuring ...