|Bid||0.9735 x 800|
|Ask||0.9744 x 1300|
|Day's Range||0.9712 - 1.0200|
|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|
A Look at Amazon's Latest Moves to Refresh Its Strategy(Continued from Prior Part)Amazon Restaurants begins operation in RichmondEarlier this month, Amazon (AMZN) introduced its food delivery service, Amazon Restaurants, in Richmond, Virginia,
Blue Apron, LendingClub, and Avon may be trading at low prices, but they are already showing early signs of getting things right this year.
Adam Zbar chronicles his journey from grappling with a failing start-up to rebuilding his life "from the inside out."
Stocks under $5 usually aren't the best stocks. After all, almost every company prices their initial public offering at $10 per share or more. Thus, if a stock is trading under $5, that means the stock has most likely been subject to a 50%-plus sell-off, which is a sign that the company is having major trouble.For this reason alone, stocks under $5 should be classified as high-risk stocks by investors.But, some of them should also be classified as high-reward stocks. Again, stocks under $5 got there because investors sold them in bunches. That means investor sentiment surrounding these stocks is depressed, and expectations are low. If the company can top those low expectations and sentiment dramatically improves, these same really beaten up stocks can become huge overnight winners.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis has happened a lot recently. See Snap (NYSE:SNAP), which went from a $5 stock to a $10-plus stock in a few weeks thanks to user base stabilization. Or Pandora, which went from $4 to $8 on operational stabilization and a buyout offer. * 7 Chinese Stocks to Buy for the 2019 Rebound Those sorts of jumps aren't isolated. They happen all the time -- but only to the right cheap stocks. Which stocks are those? Let's take a look at seven high-risk, high-reward stocks under $5 that could soar on the right catalyst. Stocks Under $5 That Could Soar: Blue Apron (APRN)Meal kit maker Blue Apron (NYSE:APRN) went public at $10 per share in mid-2017. It's been nothing but downhill ever since for APRN stock. Competition stiffened up. Growth stalled out. The whole meal kit market was hit by demand headwinds. Overall, Blue Apron failed to grow in a way that satisfied investors, and APRN stock had dropped under $1 by late 2018.But Blue Apron shares have been injected with some life over the past few months as signs have emerged that a huge turnaround may be around the corner. Specifically, Blue Apron announced a big meal-kit partnership with Weight Watchers (NYSE:WTW), which management said would stabilize the customer base without the company having to spend big on marketing. Shortly thereafter, management said that WTW deal was seeing higher-than-expected demand, and that Blue Apron would be adjusted EBITDA profitable in Q1 and fiscal 2019.The dots here aren't hard to connect. Essentially, it appears that Blue Apron may be carving out a weight-loss niche for itself in the hyper-competitive meal kit marketplace with its Weight Watchers partnership. If so, growth will stabilize over the next several years without big expense growth, margins will improve, and profitability will become a real possibility.If all that happens, APRN stock could run way higher from here. Pier 1 (PIR)Home furnishings retailer Pier 1 (NYSE:PIR) has been an eyesore in the struggling retail industry for a long time now. In a nutshell, the emergence of online-only home furnishings retailers like Wayfair (NYSE:W) -- which often have lower prices -- have rapidly and dramatically stolen market share from Pier 1. The result? Sales and margins are down big. Profits have been wiped out. PIR stock has dropped from around $20 five years ago to 30 cents in late 2018.But, PIR stock has been on a tear recently, rising by five-fold from 30 cents to $1.50 in just three months. It's nearly impossible to pinpoint an exact catalyst behind this monstrous rally besides that the stock got way too cheap. At 30 cents per share, Pier 1 was being valued at a $25 million market cap, and yet sales over the past 12 months measure over $1.6 billion. Still, at $1.50, Pier 1 is being valued at a market cap of just $121 million, which is still anemic next to a $1.6 billion sales base.To be sure, profits are negative over that same stretch, the balance sheet isn't as clean as it could be, and the sales base is shrinking. Nonetheless, all Pier 1 needs is 2% profit margins margins on a $1 billion sales base to net $20 million in profits. Even a super depressed 10x multiple on that implies a $200 million market cap under such scenarios. Further, if profit margins hit 2% on a $1.5 billion sales base, the same math implies a $300 million market cap. * 7 March Madness Stocks to Consider for the Big Dance It's a tall order for management to cut costs and stabilize sales at the same time. But, if they manage to pull it off, this stock could keep soaring in a big way. Big 5 Sporting Goods (BGFV)Much like Pier 1, sporting goods retailer Big 5 Sporting Goods (NASDAQ:BGFV) has been an especially large victim of the e-commerce revolution. With respect to Big 5, the negative catalyst has been the widespread emergence and popularity of direct athletic retail channels, the sum of which has taken market share from Big 5, and caused sales, margins, and profits to drop. Concurrently, BGFV stock has dropped from $20 to $2.50 in a few years.But, also much like Pier 1, shares of Big 5 have been injected with life over the past few months. Since late 2018, BGFV stock has popped from $2.50 to near $4. The catalyst? Comparable sales trends improved during the holiday season. Comps actually hit positive territory in December. Margins stabilized. Losses narrowed. Overall, Big 5's numbers simply got better. BGFV stock reacted positively in response.Importantly, this improvement isn't isolated. Fellow sporting goods retailers Dick's Sporting Goods (NYSE:DKS) and Foot Locker (NYSE:FL) have also reported improving numbers over the past several quarters. In other words, it increasingly appears that the worst is over for sporting goods retailers, and that this market will stabilize over the next several years.As it does, Big 5's growth rates should likewise stabilize, and that should allow BGFV stock to stay in rally mode. Groupon (GRPN)The market consensus on savings and coupons platform Groupon (NASDAQ:GRPN) is that the company's time has come and gone, and that the digital economy is evolving to a point where consumers simply don't need Groupon anymore. That is largely why GRPN stock has dropped from $20-plus in 2011, to under $3 in late 2018.This overarching bear thesis doesn't make much sense to me. Sure, Groupon's customer base isn't growing. But it's not dropping by a material amount, either, and those slight drops are happening against a stiff competitive backdrop wherein e-commerce giants like Amazon (NASDAQ:AMZN) and Walmart(NYSE:WMT) are already aggressively discounting everything. Thus, competition is about as big as it will ever get, and Groupon's user base is still largely stable. Consequently, the data seems to support the thesis that Groupon has long-term staying power.Staying power doesn't equal growth, though, and without growth, it will be tough for GRPN stock to rally here. Fortunately, there is a pathway for growth for Groupon. Specifically, Groupon has to execute on three initiatives over the next several years: deliver exceptional discounts on local-oriented experiences, pivot to voucherless transactions and improve the mobile, on-the-go customer experience. * 9 Best Stocks to Buy on U.S.-China Trade Optimism If Groupon executes on those three growth initiatives, then GRPN stock will soar from current levels over the next several years. Francesca's (FRAN)Much like Pier 1 and Big 5, women's clothing retailer Francesca's (NYSE:FRAN) has been a outsized loser in the e-commerce revolution. As that revolution has become more widespread, Francesca's pain has only grown. Comps have gone more negative. Margins are have been eviscerated. Profits are all gone. And, FRAN stock has gone from $20-plus in late 2016, to under $1 today.But, there's reason to believe that a big rally could be around the corner. Specifically, the company has essentially put itself up for sale after all other options have been exhausted. On one hand, that means hopes for this stock to get back to $20 have been axed. On the other hand, a potential buyout means that buyers here could be in for a big payday soon.Fortunately, there should be suitors. FRAN stock currently has a market cap of just $31 million, and enterprise value of $20 million thanks to a cash-heavy balance sheet. Sales over the past 12 months measure about $450 million. At one point in time, this company had 10%-plus profit margins. Thus, it isn't hard to imagine Francesca's getting back to 2% profit margins on a $400 million sales base. That math implies $8 million in net profits, which realistically equates to an $80 million market cap, based on a depressed 10x multiple.In other words, FRAN stock looks like a cheap stock here -- cheap enough to attract some serious M&A interest. Blink (BLNK)Volatility is an inherent feature of stocks under $5, since the fundamentals on these stocks can often change dramatically and quickly. This is especially true for EV charging company Blink Charging (NASDAQ:BLNK). As the fundamentals underlying this company have dramatically changed multiple times over the past several years, BLNK stock has gone from over $30 to under $2, back to $8, and then back to $3. Thus, you can't really trust any move higher in BLNK stock as sustainable.Having said that, the secular growth narrative here is promising. The EV revolution is in the early stages of a massive growth narrative. Within the next ten to fifteen years, most cars on the road will be electric powered. As such, within the next ten to fifteen years, there will be a mass proliferation of EV charging stations, too.Blink makes such charging stations. Thus, the only real concern here is competition. Unfortunately, there's plenty of competition -- enough to cloud the long-term bull thesis. Nonetheless, if Blink can successfully out-execute that competition and take home just a fraction of what promises to be a huge global EV charging station market, then BLNK stock could fly higher from current levels. * 7 IPOs to Get Excited for in 2019 All things considered, BLNK stock is the archetype of a high-risk, high-reward stock under $5. Sirius XM (SIRI)Unlike other stocks on this list, broadcasting company Sirius XM (NASDAQ:SIRI) has been on a long term uptrend. The company was essentially left for dead in the aftermath of the 2008 Financial Crisis. Since then, despite secular headwinds from the growth of music streaming, Sirius has been able to grow its user base, revenues, and profits at a steady and consistent rate. Consequently, SIRI stock has gradually climbed from 10 cents in 2009, to $8 in mid-2018.SIRI stock has flattened out over the past year. Subscriber growth has slowed. So has revenue growth, and average revenue per user growth. Margin are dropping. Profit growth is stalling out.In other words, it increasingly appears as though Sirius is starting to the feel the heat from streaming music competition. But, that doesn't mean the Sirius growth narrative is over. Instead, given that the likes of Spotify (NYSE:SPOT) and Apple Music are already everywhere in the U.S., it simply means that the Sirius growth narrative is slowing going forward. Sirius won't lose subs. They simply won't add that many more.In such a world, SIRI stock will head higher, given its ability to raise prices and grow profits even with stalled out sub growth.As of this writing, Luke Lango was long WTW, DKS, FL, AMZN, SIRI, and SPOT. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Big Data Stocks That Deserve a Closer Look * 7 Best Energy Funds to Outperform the Market * 5 Blue-Chip Stocks Ready to Rise Compare Brokers The post 7 Cheap Stocks Under $5 That Could Soar appeared first on InvestorPlace.
Let's see what to expect from Kroger's fourth-quarter financial results that are due out Thursday, with Amazon (AMZN) set to roll out its own branded grocery store-style offerings.
Investors need to pay close attention to Blue Apron (APRN) stock based on the movements in the options market lately.
The at-home meal-kit delivery company has lost more than a quarter of its value over the past six sessions. The offering was priced at $1.15 a share, according to Bloomberg, which cited a person familiar with the matter. Separately, Weight Watchers International late Tuesday gave a full-year forecast that was sharply below expectations.
In addition to leasing towers downtown and in The Domain — often called Austin's second downtown — Facebook is taking part of a building at this sprawling suburban business park near Tech Ridge where 500 3M employees are about to move in. Facebook and 3M are just a couple of the Fortune 500 companies fond of the Parmer Innovation Center, which has nearly 900,000 square feet under construction. Facebook is taking the space off the hands of Blue Apron.
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.
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.