|Bid||1.41 x 36200|
|Ask||0.00 x 2900|
|Day's Range||1.4500 - 1.5200|
|52 Week Range||0.6500 - 4.1500|
|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||1.54|
I feel like I'm a cat with nine lives when I'm dealing with Roku (NASDAQ:ROKU). Ever since its initial public offering (IPO) -- which are always risky, especially in the technology space -- I've been on both sides of the fence with Roku stock.Source: Shutterstock Back in early October of 2017, I recommended the streaming TV player despite the IPO risk. A few months prior, we witnessed another high-profile IPO in Blue Apron (NYSE:APRN). Although a different industry, Blue Apron, like Roku, leveraged technology to bring an old-school sector to the twenty-first century.As you can see through its chart, APRN failed miserably. Naturally, investors worried the same fate could also eviscerate Roku's stock price.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAfter an initial period of volatility, ROKU gained substantial momentum off its potential. While the company had several blue-chip competitors -- namely, Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) -- Roku enjoyed user-count dominance. That's a massive accomplishment considering that everyone, including traditional media firms, seeks to profit from the cord-cutting phenomenon.But in August last year, I felt that Roku's stock price moved ahead of itself. As evidence to support my shifting attitude, I cited somewhat disappointing user growth. With a relatively cheap sticker price for Roku players, user growth should have been more robust. I also didn't care for insiders selling their equity ownership. * 10 Smart Money Stocks to Buy Now In hindsight, I pulled the "sell" trigger a bit prematurely. Nevertheless, shares tumbled. A few months later, in October, I had the opportunity to recommend a discounted buying opportunity. I passed. While the bulls celebrated user growth on a nominal basis, users grew out of whack with the Roku stock price.But in December, I finally declared that ROKU was simply "too cheap to ignore," and I was right. Now, how do I call it? Roku Stock Could Jump Due to Strong EarningsI'm particularly anxious about the streaming company's fourth quarter fiscal 2018 earnings report for two reasons. First, earnings season always produces a few surprises, for better or for worse. Second, I'd like to keep my reputation as the "Roku whisperer" alive.That said, all indications suggest that Roku stock will deliver the goods. For earnings per share, consensus estimates called for a penny a share, although recent consensus aims for 2 cents. That's close to the higher end of the estimate spectrum, which is between -2 cents and 4 cents per share.On the revenue side, analysts anticipate $262.17 million, which would represent 39.26% year-over-year growth. In the prior-year Q4, the company rang up $188.26 million. The Street generally has high hopes, with sales estimates ranging from $257.5 million to $270 million.Aside from the record-breaking quarterly haul, most investors will likely focus on monthly active users (MAUs). Here again, we should see plenty of green. According to Roku's preliminary Q4 data, active accounts topped 27 million, up roughly 40% YoY. Click to EnlargeIf the TV streaming player hits its revenue target, we're looking at each MAU generating $9.69. Significantly, this would represent the highest such tally since Q4 2016, when each MAU generated $10.99. But back then, nominal MAUs totaled 13.4 million, while the revenue haul measured $147.3 million.Furthermore, the recent boost in revenue per MAU simultaneously addresses my concerns about user growth and engagement. Prior to Q4, both MAU growth and the growth in the revenues they generated slipped to single digits. But with the newfound spike in sales and streaming activity, both metrics are now firmly in double-digit territory.As a result, I wouldn't be surprised to see the Roku stock price jump off a resounding Q4 beat. Don't Chase Roku StockThanks to all the positives that the company has to offer, I don't blame folks for wanting to nimble. Previously, I worried that the streaming player either lost its charm or otherwise peaked. From the available information, shares are back on track.However, let me provide this word of caution: don't chase ROKU at this juncture.While shares will likely spike off Q4, I'm not sure if it can sustainably pivot off its potential earnings beat. On a year-to-date basis, the streaming firm has already gained over 65%. I'm not sure that management has anything new to bring to the table.Yes, they're partnering with traditional media outlets to stream premium cable TV content. That could entice on-the-fence consumers to take the plunge, but I don't see that alone as a gamechanger. Executives could also show better-than-expected bullish figures, but we've already seen the bulk of this enthusiasm priced in. * 15 Cybersecurity Stocks to Watch as the Industry Heats Up Ultimately, I'm cautious again due to timing concerns. Compared to other sectors, streaming-related companies run heavily on emotions. Again, I believe the good news is priced in. Unless management reports profoundly groundbreaking figures, I'd keep the powder-keg dry for the next discounted opportunity.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Cheap Stocks to Buy Right Now * 5 Stocks Under $5 to Buy Before They Soar * 5 Consumer Stocks to Cash Out Of Compare Brokers The post Roku Stock Will Beat Earnings … But Don't Chase It appeared first on InvestorPlace.
B&G Foods (BGS) benefits from robust acquisitions and pricing initiatives. However, rising freight costs and high debt levels are worrisome.
Much of the gains have come after Blue Apron said a recent partnership with WW, formerly known as Weight Watchers, had seen “higher-than-expected demand to date.” Subsequently, the company reported a fourth-quarter loss that was narrower than expected. The results prompted Goldman Sachs to raise its price target by 10 cents to $1.40, though the firm said a “high degree of execution uncertainty” remained around the stock.
Blue Apron shareholders have been starved for good news, but the subscription meal company gave investors some promising updates last month.
The Zacks Analyst Blog Highlights: Stitch Fix, Snap, Spotify, Blue Apron and Weight Watchers
Blue Apron Holdings Inc. said Wednesday that it has launched a new line of "recipe solutions" called Knick Knacks that will provide the spices, sauces, grains, and dairy but leave the meat and produce to the diners. Knick Knacks will be available on Jet.com, a Walmart Inc. e-commerce site, which has an existing partnership with Blue Apron. Knick Knack recipe kits include creamy shrimp gnocchi and a Mexican-spiced chicken quinoa bowl. Blue Apron shares have lost more than 55% over the past year while the S&P 500 index is up 1.4% for the period.
Blue Apron is introducing a lower-cost version of its meal kits, initially only for Jet.com shoppers in the greater New York City metro area. The new recipe kits, called "Knick Knacks," still require refrigeration, but require customers to supply their own protein and produce to complete the meal. As you may recall, Walmart subsidiary Jet announced in October that it would begin selling Blue Apron's meal kits to its City Grocery customers.
Blue Apron Holdings, Inc. (APRN), known for creating incredible meal experiences, today introduced its most flexible culinary innovation to date: Blue Apron Knick Knacks™, a new line of recipe solutions that give consumers the flexibility to combine the protein and produce of their choice with specialty, pre-portioned, refrigerated ingredients and step-by-step recipes to enjoy a delicious meal for two.
Archer Daniels (ADM) posts lower-than-expected results in fourth-quarter 2018. However, management is confident about its strategic initiatives.
Estee Lauder's (EL) Q2 earnings and sales jump year over year and beat the Zacks Consensus Estimate. Most categories, regions and brands witness sales growth.
Sysco Corporation (SYY) Q2 earnings decline year over year, while sales grow. The company continues to make business investments, especially in the international unit.
Archer Daniels (ADM) completes the Neovia buyout, which is expected to help the company offer value-added products for production and companion animals.
Blue Apron Holdings Inc (NYSE: APRN), a company that delivers meal kits for customers to prepare in their homes, reported in line fourth-quarter results. Blue Apron's earnings report was mostly in line with expectations while cost management initiatives pushed the company closer towards break-even EBITDA as losses improved from negative $20 million last year to negative $8 million, Morgan Stanley's Brian Nowak said in a research report. Blue Apron's management laid out a strategy for 2019 and beyond in which the company will scale back on marketing that generated "unproductive revenue," KeyBanc Capital Markets' Edward Yruma said in a research report.
LOS ANGELES, CA / ACCESSWIRE / February 1, 2019 / LD Micro is pleased to announce that the LD Micro Index is being reconstituted as of February 1, 2019. Again. We have always held the belief that our industry ...
NEW YORK, Feb. 01, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Blue Apron's Better-than-Expected Results in the Fourth QuarterBetter-than-expected resultsBlue Apron (APRN) announced better-than-expected results for the fourth quarter of 2018 after the financial markets closed yesterday. The meal-kit delivery