Notable 52-Week Highs and Lows of the Day 05/03: (SIRI) (PCS) (T) High; (LEE) (ANAD) (OMX) Low
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:
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52-Week High:
- SIRIUS XM Radio Inc. (Nasdaq: SIRI) high of $2.09. Though slumping pre-market today, Sirius has rebounded to a new 52-week high today. Sirius reported first-quarter earnings of $0.01 per share, on revenues of $723.8 million. The consensus was looking for EPS of $0.01 and revs pf $736.34 million. Despite the results, Sirius affirmed its FY11 outlook. Ending subs in the quarter were up 9 percent year-over-year.
- MetroPCS Communications, Inc. (NYSE: PCS) high of $18.00. MetroPCS is moving higher following its first-quarter earnings report. MetroPCS produced EPS of $0.15 on revs of $1.19 billion, versus consensus EPS of $0.19 and revs of $1.13 billion. ARPU increased 1.5 percent to $40.42, with 725.95K in net subscriber additions.
- AT&T, Inc. (NYSE: T) high of $31.85. AT&T may be seeing some gains following MetroPCS results. AT&T reported its frist-quarter earnings report on April 20th. AT&T shares are up 4.7 percent since then.
- Molycorp, Inc. (NYSE: MCP) high of $79.16. The metal miner is seeing some upside today following an analyst price target boost. Dahlman Rose raised its price target Molycorp from $85 to $125, which is a new Street high, while reiterating their Buy rating on the stock. Molycorp shares moved 10.6 percent to the new high today.
- Lee Enterprises (NYSE: LEE) low of $1.10. Shares continuing lower from yesterday's dismal earnings report, showing Lee swinging to a first quarter loss. Our calculations have Lee not closing in positive territory over the last month.
- Anadigics, Inc. (Nasdaq: ANAD) low of $3.13. Anadigics is slumping following tepid second-quarter guidance. Anadigics reported a first-quarter loss of $0.07 on revs of $43.5 million, both flat to the consensus. However, Anadigics sees a second-quarter loss of $0.17 - $0.16 per share and revs of $35 - $37 million, both missing consensus views calling for a loss of $0.01 per share and revs of $50.08 million.
- OfficeMax Incorporated (NYSE: OMX) low of $9.60. Continuing lower from bleak first-quarter earnings results last Thursday. Yesterday, Credit Suisse lowered its price target and estimates on OfficeMax. Shares are down an additional 4 percent today.
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