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Notable 52-Week Highs and Lows of the Day 03/10: (GMCR) (SBUX) (IRM) High; (JTX) (CWTR) (REVU) Low

March 10, 2011 1:47 PM EST
GMCR Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

Revenue Growth %: +36.7%
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:
  • Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) high of $62.37. Up almost 43% at one point to the new high today, inked a deal to begin selling Starbucks (Nasdaq: SBUX) K-Cups for use in GMCR’s Keurig Single-Cup brewing system.

  • Starbucks Corp. (Nasdaq: SBUX) high of $37.94. Higher earlier in the week as CEO Howard Schultz mentioned more M&A for the company, shares are climbing as they as Green Mountain have entered into a K-Cup relationship. The deal with provide Starbucks with another revenue outlet.

  • Iron Mountain Inc. (NYSE: IRM) high of $30.57. Moved sharply higher earlier on news that Elliott Management has submitted a proposal calling for the strategic review of "Iron Mountain’s capital allocation and operational efficiency."

  • Semtech Corp. (Nasdaq: SMTC) high of $25.72. About 14.3% higher following a fourth quarer 2010 report that saw EPS of $0.47 on revs of $116.3 million, versus consensus EPS of $0.41 on revs of $113.29 million. Looking ahead, Semtech sees Q111 sales of $117 - $121 million with EPS of $0.41 - $0.44. The Street is currently looking for Q1 sales of $114.40 million with EPS of $0.40.
52-Week Low:
  • Jackson Hewitt Tax Service Inc. (NYSE: JTX) low of $0.71. Down today after reporting third quarter EPS of $0.19 on revs of $82.45 million, versus consensus EPS of $0.32 and revs of $76.5 million. JTX canceled their Q311 conference call. Shares dropped 43.2% to the new low today.

  • Coldwater Creek Inc. (Nasdaq: CWTR) low of $2.37. Had fourth quarter loss of $0.40 on revs of $252.1 million, and versus consensus loss of $0.26 per share on revs of $282.75 million.

  • Princeton Review Inc. (Nasdaq: REVU) low of $0.52. Down over 36% following fourth quarter loss of $0.28 per share on revs of $40.64 million, missing the consensus marks calling for a loss of $0.18 per share and revs of $46.16 million. Looking for FY11 revs of $200 - $210 million, compared to the consensus revs of $224.45 million.



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