Piper Jaffray Raises Price target as Whole Foods Market (WFM) Benefits From a Better than Expected Tax Rate

BMO Capital Reiterates Underperform on Whole Foods Market (WFM); Sees Risk to Valuation in Multi-year Transition

February 11, 2016 7:51 AM EST

BMO Capital reiterated an Underperform rating and $23.00 price target on Whole Foods Market (NASDAQ: WFM) following the company's 1Q earnings report. WFM reported F1Q16 EPS of $0.46, above the consensus estimate of $0.40. BMO expects WFM to remain an innovation leader in food retail,... More

Whole Foods Market (WFM) Sentiment Likely to Improve Going Forward - RBC

February 11, 2016 7:17 AM EST

RBC Analyst William Kirk, thinks Whole Foods Market (NASDAQ: WFM) showed just enough progress in its 1Q report to start a sentiment swing. He believes that comps sequentially improve and SG&A savings begins to fund major price investments. Consensus is modeling a continued two-year comp deceleration until 2Q'17 even though he saw an acceleration over the last 11wks of 1Q16.... More

After-Hours Stock Movers 02/10: (HUBS) (EXPE) (TSLA) Higher; (PPC) (MYL) (ZNGA) Lower (more...)

February 10, 2016 6:10 PM EST

HubSpot (NYSE: HUBS) 13.3% HIGHER; reported Q4 EPS of ($0.12), $0.06 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $53.1 million versus the consensus estimate of $50.34 million. GUIDANCE: HubSpot sees FY2016 EPS of ($0.78)-($0.66), versus the consensus of ($0.73). HubSpot sees FY2016 revenue of $248-251 million, versus the consensus of $241.0 million.

Expedia (NASDAQ: EXPE) 11.9% HIGHER; reported Q4 EPS of $0.77, $0.23 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.71... More

Whole Foods Market (WFM) Tops Q1 EPS by 6c, Offers Guidance

February 10, 2016 4:12 PM EST

Whole Foods Market (NASDAQ: WFM) reported Q1 EPS of $0.46, $0.06 better than the analyst estimate of $0.40. Revenue for the quarter came in at $4.83 billion versus the consensus estimate of $4.81 billion.

Comparable store sales on a constant currency basis decreased 1.8%.

GUIDANCE:

Whole Foods Market sees Q2 2016 EPS of $1.53, versus the consensus of $1.53.

The Company remains focused on the metrics it believes are key to the long-term health of its business and is targeting:

Sales growth of 3% to 5%Approximately 30 new... More

Trading Radar for 2/10: Twitter (TWTR), Time Warner (TWX), Tesla (TSLA), Cisco (CSCO), Humana (HUM) Report

February 9, 2016 3:13 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

Earnings:

ACCO Brands Corporation (Nasdaq: ACCO) - consensus EPS $0.28
ARM Holdings plc (Nasdaq: ARMH) - consensus EPS $0.38
AmTrust Financial (Nasdaq: AFSI) - consensus EPS $0.67
Aramark Services (Nasdaq: ARMK) - consensus EPS $0.49
Axalta Coating Systems (Nasdaq:... More

Whole Foods (WFM) Price Deflation Should Be Better Than Feared - RBC

February 9, 2016 10:38 AM EST

RBC Capital analyst, William Kirk, raised his same store sales estimate on Whole Foods Market (NASDAQ: WFM) to be more in line with consensus and EPS that is two cents ahead of consensus on lower than expected food deflation. No change to Outperform rating or $37 PT.

After conducting quarterly work on Whole Foods, RBC is adjusting (slight raise) the comparable store estimate (-2.0% from -2.5%). This puts... More