Morning Movers 02/16: (AEA) (ITRI) (BDSI) (TRW) Higher; (HDY) (BBW) (ACOM) (PMFG) Lower
Up)
Advance America, Cash Advance Centers, Inc. (NYSE: AEA) 32.5% HIGHER; Advance America and Grupo Elektra, S.A.B. de C.V. announced that Advance America and subsidiaries of Grupo Elektra have entered into a definitive agreement under which Grupo Elektra will acquire control of all of the outstanding shares of Advance America, a leading U.S. short-term lender, for $10.50 per share in cash.
Hyperdynamics Corporation (NYSE: HDY) 29.7% LOWER; today announced disappoint well data. The Hyperdynamics-operated Sabu-1 exploration well reached the planned total depth of 11,844 feet in a water depth of 2,329 feet, approximately 90 miles southwest of Conakry, Guinea. The well encountered oil shows while drilling the targeted Upper Cretaceous section. Petrophysical analysis of electric logs indicates the presence of hydrocarbons in non-commercial concentrations in multiple layers of sandstones distributed throughout a 1,300-foot interval of Santonian to Turonian age sediments. The indicated oil saturation appears to be residual, suggesting that larger volumes of oil formerly were present in the reservoirs but subsequently leaked out or that these rocks lay on a hydrocarbon migration pathway.
Build-A-Bear Workshop (NYSE: BBW) 22.8% LOWER; reported Q4 EPS of $0.34, $0.18 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $117.1 million versus the consensus estimate of $128.13 million. Consolidated comparable store sales declined 4.9%.
Itron, Inc. (NASDAQ: ITRI) 20.6% HIGHER; reported Q4 EPS of $1.19, $0.20 better than the analyst estimate of $0.99. Revenue for the quarter came in at $642.5 million versus the consensus estimate of $582.14 million. Sees FY2012 EPS of $3.80-$4.20, versus the consensus of $3.87. Sees FY2012 revenue of $2.1-$2.3 billion, versus the consensus of $2.26 billion. The stock was upgraded at Baird and ThinkEquity this morning.
BioDelivery Sciences International, Inc. (Nasdaq: BDSI) 19% HIGHER; announced the U.S. Patent and Trademark Office has issued a Notice of Allowance of BDSI's patent application (No. 13/184306) that, once formally granted, will extend the exclusivity of the BioErodible MucoAdhesive drug delivery technology for BEMA Buprenorphine and BEMA Buprenorphine/Naloxone from 2020 to 2027.
Ancestry.com, Inc. (NASDAQ: ACOM) 18.8% LOWER; reported Q4 EPS of $0.40, $0.06 better than the analyst estimate of $0.34. Revenue for the quarter came in at $104.2 million versus the consensus estimate of $104.09 million. Gross subscriber additions were 220,000 in the fourth quarter of 2011, compared to 203,000 in the fourth quarter of 2010 and 274,000 in the third quarter of 2011. Sees Q1 2012 revenue of $106-$108 million, versus the consensus of $108.9 million. Sees FY2012 revenue of $455-$470 million, versus the consensus of $464.3 million.
DG FastChannel, Inc. (NASDAQ: DGIT) 17.5% LOWER; reported Q4 EPS of $0.40, $0.14 better than the analyst estimate of $0.26. Revenue for the quarter came in at $108.3 million versus the consensus estimate of $118.39 million. The stock was downgraded at Janney and Oppenheimer.
PMFG, Inc. (Nasdaq: PMFG) 16.5% LOWER; has priced its previously announced public offering of 2,600,000 shares of its common stock at a price to the public of $16.00 per share.
BioSante Pharma (Nasdaq: BPAX) 15.4% LOWER; traders continuing to take profits following a massive 54 percent jump at the open yesterday following FDA approval for its Bio-T-Gel. The stock closed yesterday's session up about 27 percent.
Avis Budget Group, Inc. (NASDAQ: CAR) 14.8% LOWER; reported Q4 EPS of ($0.14), which may not compare to the analyst estimate of $0.06. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.66 billion.
TRW Automotive (NYSE: TRW) 14.7% HIGHER; reported Q4 EPS of $1.84, $0.29 better than the analyst estimate of $1.55. Revenue for the quarter came in at $3.99 billion versus the consensus estimate of $3.96 billion. Sees Q1 sales of about $4.1 billion, which compares to the Street estimate of $4.15 billion. Sees FY2012 revenue of $16.0-$16.4 billion, versus the consensus of $16.6 billion.
Myers Industries, Inc. (NYSE: MYE) 13.2% HIGHER; reported Q4 EPS of $0.19, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $195.4 million versus the consensus estimate of $190.4 million.
Syntel, Inc. (NASDAQ: SYNT) 12.8% HIGHER; reported Q4 EPS of $1.05, $0.22 better than the analyst estimate of $0.83. Revenue for the quarter came in at $172.4 million versus the consensus estimate of $169.14 million. Sees FY2012 EPS of $3.10-$3.35, versus the consensus of $3.31. Sees FY2012 revenue of $720-$750 million, versus the consensus of $735 million.
Altra Holdings, Inc. (NASDAQ: AIMC) 12.1% LOWER; reported Q4 EPS of $0.24, $0.09 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $171.7 million versus the consensus estimate of $172.9 million. Sees Q1 2012 EPS of $0.35-$0.39. Sees Q1 2012 revenue of $180-$190 million, versus the consensus of $181.6 million. Sees FY2012 EPS of $1.50-$1.60, versus the consensus of $1.63. Sees FY2012 revenue of $740-$760 million, versus the consensus of $743.86 million.
Blue Nile, Inc. (NASDAQ: NILE) 11.9% LOWER; reported Q4 EPS of $0.30, $0.12 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $112.3 million versus the consensus estimate of $123.17 million. Sees FY2012 EPS of $0.04-$0.07, versus the consensus of $0.17. Sees FY2012 revenue of $81-$84 million, versus the consensus of $86.32 million. Sees FY12 EPS of 70-85 cents on sales of $384-$417 million. Street looking for EPS of $1.09 on sales of $388.04 million.
Vasco Data Security (NASDAQ: VDSI) 11% LOWER; reported Q4 EPS of $0.29, $0.16 better than the analyst estimate of $0.13. Revenue for the quarter came in at $48.5 million versus the consensus estimate of $42.92 million.
Commercial Vehicle Group, Inc. (NASDAQ: CVGI) 10.7% HIGHER; reported Q4 EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $225.8 million versus the consensus estimate of $220.1 million.
Protalix (NYSE: PLX) 10.4% LOWER; prices 4.5 million shares at $5.25/share.
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Hyperdynamics Corporation (NYSE: HDY) 29.7% LOWER; today announced disappoint well data. The Hyperdynamics-operated Sabu-1 exploration well reached the planned total depth of 11,844 feet in a water depth of 2,329 feet, approximately 90 miles southwest of Conakry, Guinea. The well encountered oil shows while drilling the targeted Upper Cretaceous section. Petrophysical analysis of electric logs indicates the presence of hydrocarbons in non-commercial concentrations in multiple layers of sandstones distributed throughout a 1,300-foot interval of Santonian to Turonian age sediments. The indicated oil saturation appears to be residual, suggesting that larger volumes of oil formerly were present in the reservoirs but subsequently leaked out or that these rocks lay on a hydrocarbon migration pathway.
Build-A-Bear Workshop (NYSE: BBW) 22.8% LOWER; reported Q4 EPS of $0.34, $0.18 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $117.1 million versus the consensus estimate of $128.13 million. Consolidated comparable store sales declined 4.9%.
Itron, Inc. (NASDAQ: ITRI) 20.6% HIGHER; reported Q4 EPS of $1.19, $0.20 better than the analyst estimate of $0.99. Revenue for the quarter came in at $642.5 million versus the consensus estimate of $582.14 million. Sees FY2012 EPS of $3.80-$4.20, versus the consensus of $3.87. Sees FY2012 revenue of $2.1-$2.3 billion, versus the consensus of $2.26 billion. The stock was upgraded at Baird and ThinkEquity this morning.
BioDelivery Sciences International, Inc. (Nasdaq: BDSI) 19% HIGHER; announced the U.S. Patent and Trademark Office has issued a Notice of Allowance of BDSI's patent application (No. 13/184306) that, once formally granted, will extend the exclusivity of the BioErodible MucoAdhesive drug delivery technology for BEMA Buprenorphine and BEMA Buprenorphine/Naloxone from 2020 to 2027.
Ancestry.com, Inc. (NASDAQ: ACOM) 18.8% LOWER; reported Q4 EPS of $0.40, $0.06 better than the analyst estimate of $0.34. Revenue for the quarter came in at $104.2 million versus the consensus estimate of $104.09 million. Gross subscriber additions were 220,000 in the fourth quarter of 2011, compared to 203,000 in the fourth quarter of 2010 and 274,000 in the third quarter of 2011. Sees Q1 2012 revenue of $106-$108 million, versus the consensus of $108.9 million. Sees FY2012 revenue of $455-$470 million, versus the consensus of $464.3 million.
DG FastChannel, Inc. (NASDAQ: DGIT) 17.5% LOWER; reported Q4 EPS of $0.40, $0.14 better than the analyst estimate of $0.26. Revenue for the quarter came in at $108.3 million versus the consensus estimate of $118.39 million. The stock was downgraded at Janney and Oppenheimer.
PMFG, Inc. (Nasdaq: PMFG) 16.5% LOWER; has priced its previously announced public offering of 2,600,000 shares of its common stock at a price to the public of $16.00 per share.
BioSante Pharma (Nasdaq: BPAX) 15.4% LOWER; traders continuing to take profits following a massive 54 percent jump at the open yesterday following FDA approval for its Bio-T-Gel. The stock closed yesterday's session up about 27 percent.
Avis Budget Group, Inc. (NASDAQ: CAR) 14.8% LOWER; reported Q4 EPS of ($0.14), which may not compare to the analyst estimate of $0.06. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.66 billion.
TRW Automotive (NYSE: TRW) 14.7% HIGHER; reported Q4 EPS of $1.84, $0.29 better than the analyst estimate of $1.55. Revenue for the quarter came in at $3.99 billion versus the consensus estimate of $3.96 billion. Sees Q1 sales of about $4.1 billion, which compares to the Street estimate of $4.15 billion. Sees FY2012 revenue of $16.0-$16.4 billion, versus the consensus of $16.6 billion.
Myers Industries, Inc. (NYSE: MYE) 13.2% HIGHER; reported Q4 EPS of $0.19, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $195.4 million versus the consensus estimate of $190.4 million.
Syntel, Inc. (NASDAQ: SYNT) 12.8% HIGHER; reported Q4 EPS of $1.05, $0.22 better than the analyst estimate of $0.83. Revenue for the quarter came in at $172.4 million versus the consensus estimate of $169.14 million. Sees FY2012 EPS of $3.10-$3.35, versus the consensus of $3.31. Sees FY2012 revenue of $720-$750 million, versus the consensus of $735 million.
Altra Holdings, Inc. (NASDAQ: AIMC) 12.1% LOWER; reported Q4 EPS of $0.24, $0.09 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $171.7 million versus the consensus estimate of $172.9 million. Sees Q1 2012 EPS of $0.35-$0.39. Sees Q1 2012 revenue of $180-$190 million, versus the consensus of $181.6 million. Sees FY2012 EPS of $1.50-$1.60, versus the consensus of $1.63. Sees FY2012 revenue of $740-$760 million, versus the consensus of $743.86 million.
Blue Nile, Inc. (NASDAQ: NILE) 11.9% LOWER; reported Q4 EPS of $0.30, $0.12 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $112.3 million versus the consensus estimate of $123.17 million. Sees FY2012 EPS of $0.04-$0.07, versus the consensus of $0.17. Sees FY2012 revenue of $81-$84 million, versus the consensus of $86.32 million. Sees FY12 EPS of 70-85 cents on sales of $384-$417 million. Street looking for EPS of $1.09 on sales of $388.04 million.
Vasco Data Security (NASDAQ: VDSI) 11% LOWER; reported Q4 EPS of $0.29, $0.16 better than the analyst estimate of $0.13. Revenue for the quarter came in at $48.5 million versus the consensus estimate of $42.92 million.
Commercial Vehicle Group, Inc. (NASDAQ: CVGI) 10.7% HIGHER; reported Q4 EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $225.8 million versus the consensus estimate of $220.1 million.
Protalix (NYSE: PLX) 10.4% LOWER; prices 4.5 million shares at $5.25/share.
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