Janney Montgomery Scott Maintains a 'Buy' on bebe stores, inc. (BEBE); Cutting Estimates on Q3 Miss
Get Alerts BEBE Hot Sheet
Price: $2.90 +4.32%
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Janney Montgomery Scott maintains a 'Buy' on bebe stores, inc. (NASDAQ: BEBE) price target lowered from $11 to $9.
Analyst, Adrienne Tennant, said, "BEBE reported FY3Q12 EPS of $0.00 slightly below the Street at $0.01. Recall, on April 5, 2012, the company reported FY3Q12 comp of +7.2%, above Retail Metrics consensus of +5.6%. Sales trends have slowed since the end of the quarter (ending March 31, 2012)."
JMS cuts Q4 EPS estimate from $0.09 to $0.04, FY12 from $0.20 to $0.15 and FY13 from $0.33 to $0.22.
For an analyst ratings summary and ratings history on bebe stores, inc. click here. For more ratings news on bebe stores, inc. click here.
Shares of bebe stores, inc. closed at $8.04 yesterday.
Analyst, Adrienne Tennant, said, "BEBE reported FY3Q12 EPS of $0.00 slightly below the Street at $0.01. Recall, on April 5, 2012, the company reported FY3Q12 comp of +7.2%, above Retail Metrics consensus of +5.6%. Sales trends have slowed since the end of the quarter (ending March 31, 2012)."
JMS cuts Q4 EPS estimate from $0.09 to $0.04, FY12 from $0.20 to $0.15 and FY13 from $0.33 to $0.22.
For an analyst ratings summary and ratings history on bebe stores, inc. click here. For more ratings news on bebe stores, inc. click here.
Shares of bebe stores, inc. closed at $8.04 yesterday.
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