BE Aerospace (BEAV) a Top Pick in Its Space
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Get Alerts BEAV Hot Sheet
Price: $62.76 +1.03%
Rating Summary:
9 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
9 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade BEAV Now!
Yesterday BE Aerospace, Inc. (NASDAQ: BEAV) reported Q4 EPS of $0.73, $0.01 better than the average analyst estimate of $0.72.
Commenting on the news, analyst Ken Herbert of Imperial Capital said, "Relative to our expectations, the company saw revenue upside in its Business Jet and Commercial Aircraft segments, and performance in the Consumables segment consistent with our estimates."
Herbert expects more upside in the consumable segment, and he said the first lavatory retrofit order from United (NYSE: UAL) should announced the first half of 2013, which could help boost shares.
"BEAV remains our top pick for commercial aftermarket exposure, where we see upside to expectations and several potential catalysts," concluded the analyst.
Imperial Capital has an Outperform rating on BE Aerospace with a revised price target of $60.00 (from $56.00).
For an analyst ratings summary and ratings history on BE Aerospace (NASDAQ: BEAV) click here. For more ratings news on BE Aerospace click here.
Shares of BE Aerospace closed at $51.49 yesterday, with a 52 week range of $36.51-$51.99.
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Commenting on the news, analyst Ken Herbert of Imperial Capital said, "Relative to our expectations, the company saw revenue upside in its Business Jet and Commercial Aircraft segments, and performance in the Consumables segment consistent with our estimates."
Herbert expects more upside in the consumable segment, and he said the first lavatory retrofit order from United (NYSE: UAL) should announced the first half of 2013, which could help boost shares.
"BEAV remains our top pick for commercial aftermarket exposure, where we see upside to expectations and several potential catalysts," concluded the analyst.
Imperial Capital has an Outperform rating on BE Aerospace with a revised price target of $60.00 (from $56.00).
For an analyst ratings summary and ratings history on BE Aerospace (NASDAQ: BEAV) click here. For more ratings news on BE Aerospace click here.
Shares of BE Aerospace closed at $51.49 yesterday, with a 52 week range of $36.51-$51.99.
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