192.25 -0.14 (-0.07%)
After hours: 6:12PM EST
|Bid||192.26 x 1000|
|Ask||192.54 x 1300|
|Day's Range||191.62 - 192.54|
|52 Week Range||158.09 - 215.43|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||21.04|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||4.12 (2.19%)|
|1y Target Est||203.07|
Big 5 Sporting (BGFV) is likely to incur loss in fourth-quarter 2018. Further, it witnesses weakness across its hardgoods category.
Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.The earnings calendar stays full next week, as the focus shifts to retail. And while earnings reports so far this year have been good enough -- the S&P 500 is up around 12% so far this year -- earnings next week could be a challenge.After all, expectations clearly are rising, but retail has been a choppy space over the last few years. Walmart (NYSE:WMT) got the sector off to a good start this week, but it remains to be seen whether its rivals can keep that momentum going with their own earnings next week.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, there are a few key earnings reports outside the sector as well. Several high-flying tech stocks will test the market's appetite for risk and valuation and a Chinese giant will try and reverse its fortunes. * 9 High-Growth Stocks to Buy Now for Monster Returns It has been "so far, so good" this earnings season, with the earnings calendar strong and the market responding in kind. If retail can continue that trend next week, the broad market gains should follow. If not, however, next week could signal an end to the initial bullishness that has greeted 2019.Source: Shutterstock Home Depot (HD)Earnings Report Date: Tuesday, Feb. 26, before market openOf all the reports on the earnings calendar next week, Home Depot (NYSE:HD) probably has the best chance of moving entire markets. Macy's (NYSE:M), whose earnings report is the same day as that of HD, traditionally had been the bellwether in retail -- but that's no longer the case. Given the multiyear traffic issues facing Macy's and other department stores, it might be Home Depot and rival Lowe's (NYSE:LOW), which reports on Wednesday morning, that give the best read on consumer confidence.Numbers from Home Depot and Lowe's, then, should move other retail stocks as well. But they'll also affect building products suppliers and distributors. That space has rallied in 2019 after an ugly second half of 2018. Good numbers from the home improvement leaders should signal more optimism ahead.But any stumble from HD in particular, combined with disappointing existing home sales this week, could raise alarm bells across the industry. And some investors might even take a broader view, and wonder if weakness from the home improvement giants is a sign that the U.S. consumer finally is starting to tighten up on spending.Source: Via Square Square (SQ)Earnings Report Date: Wednesday, Feb. 27, after market closeA simple look at the Square (NYSE:SQ) stock chart shows why Wednesday afternoon's report is important. SQ stock has been on quite the roller-coaster ride, moving from $100 at the beginning of October to $50 by late December. It's since regained half those losses in about two months. Obviously, a strong report is needed to keep that recent rally going.But Square is just one of the dearly-valued tech stocks with earnings next week. Veeva Systems (NYSE:VEEV) and Workday (NASDAQ:WDAY) -- both of which have higher price-to-revenue multiples than SQ's 10.3x -- release their earnings reports on Tuesday and Thursday, respectively. * 7 Healthy Dividend Stocks to Buy for Extra Stability The three reports could give a sense as to whether investors still are willing to pay 10x -- or in VEEV's case, 20x -- revenue for the best "cloud" stories. If that's not the case, that could suggest a market nearing a top, particularly with tax reform benefits being lapped in 2019.Source: Daniel Cukier via Flickr JD.com (JD)Earnings Report Date: Thursday, February 28, before market openLike housing stocks, Chinese stocks had a terrible second half of the year in 2018. The category, too, has rallied in 2019: online retailer JD.com (NASDAQ:JD) has benefited, gaining 17% YTD.Strong earnings reports are needed to assuage trade war fears. And given that JD is the second-largest online retailer behind Alibaba (NYSE:BABA), its report is a big one not just for JD stock, but for the entire market.Baidu (NASDAQ:BIDU) posted a solid Q4 in terms of revenue, though its shares are slipping amid worries about higher spending. It wouldn't be a surprise to see a similar result at JD, whose rising operating expenses have hurt margins and profits in recent quarters.But this is a stock that traded at $50 only a few months ago. If JD can show strong revenue growth and convince the market its investments are bearing fruit, there's plenty of room for the stock to rally. And good news from JD.com should be more good news for other Chinese stocks as well.As of this writing, Vince Martin had no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.
The home improvement retailers Home Depot Inc. and Lowe’s Cos. are scheduled to report fourth-quarter earnings on Tuesday and Wednesday, respectively, and while analysts expect difficult comparisons, 2019 is shaping up to be a good year for remodeling.
What to Expect from Lowe’s Fourth-Quarter Earnings(Continued from Prior Part)Analysts’ expectationsFor the fourth quarter, analysts are expecting Lowe’s (LOW) to post adjusted EPS of $0.79, which represents growth of 6.8% from $0.74 in the
The Container Store (NYSE:TCS), which is the pioneer of storage and organization products, went public in November 2013. And it turned out to be a red-hot offering. On the debut, the TCS stock doubled to $36. The company looked more like a tech startup - not a traditional retailer.Source: Shutterstock Then again, at the time TCS was growing at a fast clip. Consider that it had reported 13 consecutive increase in comparable store sales. It certainly helped that the company had loyal fans like Oprah Winfrey and Ellen DeGeneres. But the good times would soon fizzle. Fast forward to today: TCS stock is now trading at a lowly $6.50. * 9 High-Growth Stocks to Buy Now for Monster Returns So what now? Can TCS stock regain its former glory? Or should investors be cautious? To see, let's take a look at the pros and cons:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Container Store Stock ProsRestructuring: TCS is in the midst of making major changes to the organization. One of the main strategic initiatives is to put much more focus on Custom Closets, which have shown lots of traction with customers. Expect TCS to invest more marketing dollars in the category and add more items. What's more, TCS plans to focus more on private label offerings. This should help boost margins and differentiate itself from the competition.Next, the company is experimenting with new store formats, better layouts of the merchandise and value-based pricing. So far, there have been encouraging results from the Dallas flagship store.Oh, and TCS has revamped its marketing message. The new tag line: ""Where Space Comes From."According to TCS vice president of marketing Felipe Avila: "This campaign is designed to speak to consumers going through different life stages - whether that's buying a new home, growing their families or downsizing. We want to connect with them through stories they can relate to and identify with."Buzz: A hit show can move the needle for an industry. And this perhaps could be the situation with TCS. Nettflix (NASDAQ:NFLX) has a show called Tidying Up with Marie Kondo.In case you do not now who she is, Kondo is one of the world's foremost experts in dealing with clutter. Note that she is the author of the best seller, "The Life-Changing Magic of Tidying Up."No doubt, this is spot on for TCS. Actually, based on Twitter (NYSE:TWTR) posts, the show may be leading to jumps in store visits.Valuation: The Container Store Stock has definitely gotten more affordable. Since August, the shares have lost more than 40% of their value, with the market cap at only $320 million (this is despite a 37% increase this year!)Now the forward price-to-earnings ratio at a reasonable 14X. Container Store Stock also trades at a mere 0.37 times sales. Container Store Stock ConsExecution: The execution of TCS's management has been wanting. Just look at the fiscal third quarter. Despite the overall demand from the holiday spending season, the company had a terrible performance. As a result, TCS stock plunged.In the quarter, revenues dropped by 0.6% to $221.6 million and comparable sales were off by 0.8%. In fact, the holiday departments posted a grueling 15.8% drop on the top-line.Profits were also light. Earnings per share came to 7 cents a share, down from 11 cents in the same period a year ago.Niche: Even though TCS has been around since 1978, the company is still relatively small. It currently operates 92 stores. To put things into perspective, Home Depot (NYSE:HD) has 2,200 locations.In other words, TCS may ultimately be in a niche industry - which means that growth is limited. If anything, the company may have already reached the peak position. During the past five years, revenue growth has averaged 3.9%.And there are few signs that things will perk up any time soon.Competition: Nowadays consumers have more options to purchase TCS-style products. Some of the large rivals in the space include Ikea, Amazon.com (NASDAQ:AMZN), and Walmart (NYSE:WMT).True, their offerings may not be at premium quality levels. But then again, many consumers may not really care, especially if the prices are at affordable levels. How important is it to have a top-of-the-line item? Well, based on the sluggish sales of TCS, maybe not much. Bottom Line on Container Store StockThe restructuring efforts for TCS look to be on the right track. But it will probably take time for the changes to take hold. In the meantime, TCS faces tough challenges. The competitive environment is intense and the company continues to have issues with merchandising.So weighing the pros and cons, it's probably best to hold off on buying The Container Store stock for now.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post Should You Buy The Container Store Stock? 3 Pros, 3 Cons appeared first on InvestorPlace.
What to Expect from Lowe’s Fourth-Quarter Earnings(Continued from Prior Part)Analysts’ revenue expectation Analysts expect Lowe’s (LOW) to post revenue of $15.74 billion in the fourth quarter, which represents a rise of 1.6% from $15.49 billion
Investing.com - Wayfair shares hit a record high Friday as the online home furnishings company topped expectations on both the top and bottom lines.
What to Expect from Lowe’s Fourth-Quarter EarningsStock performanceLowe’s Companies (LOW) is scheduled to post its fourth-quarter earnings before the market opens on February 27. As of February 21, the company was trading at $105.52, which
What to Expect from Home Depot’s Fourth-Quarter Earnings(Continued from Prior Part)Analysts’ recommendations Of the 33 analysts that cover Home Depot (HD), 72.7% are favoring a “buy,” and 27.3% are favoring a “hold.” None of the analysts
AutoNation Inc, the largest U.S. auto retail chain, said on Friday Carl Liebert will succeed longtime Chief Executive Officer Mike Jackson. Jackson said last September that he will step down as CEO and will stay on as executive chairman of the board until 2021. Liebert is currently the chief operating officer at financial services company USAA and will assume charge on March 11.
Home Depot and Lowe's are both giants of the home improvement sector. Each operates more than 2,000 stores, with more than 100,000 square feet of retail space. Learn what sets them apart from each other.
What to Expect from Home Depot’s Fourth-Quarter Earnings(Continued from Prior Part)Fourth-quarter EPSAnalysts expect Home Depot (HD) to post adjusted EPS of $2.16 in the fourth quarter, which represents growth of 27.8% from $1.69 in the
Gap's (GPS) growth initiatives including expansion of omni-channel capabilities are encouraging. However, softness in its flagship brand is a concern.
What to Expect from Home Depot’s Fourth-Quarter Earnings(Continued from Prior Part)Analysts’ expectationsFor the fourth quarter, analysts expect Home Depot (HD) to post revenue of $26.57 billion, which represents a rise of 11.3% from $23.88
What to Expect from Home Depot’s Fourth-Quarter EarningsStock performanceHome Depot (HD) is scheduled to announce its fourth-quarter earnings before the market opens on February 26. As of February 20, the company was trading at $191.85, which
Investors in home-improvement companies should pay attention to moderating growth in the industry, writes JPMorgan’s Christopher Horvers.
Lowe's (LOW) undertakes a better customer-centric approach and explores market opportunities via merchandising efforts and omni-channel endeavors. These may favorably impact Q4.
The company said it was unable to successfully diversify after scanners reduced demand for paper-check courier services.
Lucrative risk/reward scenarios on charts in the consumer services sector are presenting active traders with the best buying opportunity in months.