Canaccord Genuity Maintains a 'Buy' on Headwaters (HW); Q2 Preview
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Price: $24.24 --0%
Rating Summary:
3 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Buy' on Headwaters (NYSE: HW) price target of $5.00.
Analyst, John Quealy, said, "HW will report Q2/12 (March) results before the open on April 26 (call at 11am ET). We model $111.0M/$(0.28) for this seasonally weaker period vs. the Street at $113.1M/$(0.25). We remain comfortable with our estimates given continued uneven demand dynamics in several end-markets...With contribution margins of 40%+, we find HW very well positioned to outperform in a housing/construction market recovery."
For an analyst ratings summary and ratings history on Headwaters click here. For more ratings news on Headwaters click here.
Shares of Headwaters closed at $3.72 yesterday.
Analyst, John Quealy, said, "HW will report Q2/12 (March) results before the open on April 26 (call at 11am ET). We model $111.0M/$(0.28) for this seasonally weaker period vs. the Street at $113.1M/$(0.25). We remain comfortable with our estimates given continued uneven demand dynamics in several end-markets...With contribution margins of 40%+, we find HW very well positioned to outperform in a housing/construction market recovery."
For an analyst ratings summary and ratings history on Headwaters click here. For more ratings news on Headwaters click here.
Shares of Headwaters closed at $3.72 yesterday.
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