Shutterfly Inc. (SFLY) PT Lowered to $46 at Jefferies

Go back to Shutterfly Inc. (SFLY) PT Lowered to $46 at Jefferies

Wall Street stalls as market, Trump priorities diverge

February 2, 2017 7:27 AM EST

By Rodrigo Campos

NEW YORK (Reuters) - U.S. stocks ended little changed on Thursday as the recent rally continued to stall following President Donald Trump's latest comments on trade and the policies he will pursue.

The S&P 500 traded at levels it was six weeks ago, losing steam as investors focus on Trump's priorities, such as restricting travel to the United States and rewriting trade deals.

Markets had run up sharply following Trump's Nov. 8 election win on the expectation that tax cuts, deregulation and a fiscal stimulus would accelerate economic growth.

"The market had... More

Needham & Company Downgrades Shutterfly Inc. (SFLY) to Hold

February 2, 2017 7:22 AM EST

Needham & Company downgraded Shutterfly Inc. (NASDAQ: SFLY) from Buy to Hold.

Analyst Kerry Rice commented, "We are downgrading Shutterfly to a HOLD from a BUY as FY17 revenue growth decelerates and EBITDA is below expectations. We estimate flat FY17 Consumer revenue with... More

Shutterfly Inc. (SFLY) PT Lowered to $50 at Cantor Fitzgerald

February 2, 2017 6:33 AM EST

Cantor Fitzgerald lowered its price target on Shutterfly Inc. (NASDAQ: SFLY) to $50.00 (from $58.00) while maintaining a Overweight rating.

... More

Shutterfly Inc. (SFLY) PT Lowered to $44 at Barclays

February 2, 2017 3:51 AM EST

Barclays lowered its price target on Shutterfly Inc. (NASDAQ: SFLY) to $44.00 (from $48.00) while maintaining a Equalweight rating.

... More

Baird Downgrades Shutterfly Inc. (SFLY) to Neutral

February 2, 2017 1:27 AM EST

Baird downgraded Shutterfly Inc. (NASDAQ: SFLY) from Outperform to Neutral with a price target of $47.00 (from $59.00).

Analyst Colin Sebastian comments "While shares outperformed through 2016, Q4 results reported yesterday uncovered a couple of product and execution issues previously unknown that depress near-term growth,... More

After-Hours Stock Movers 02/01: (MJN) (ESIO) (FB) Higher; (AVIR) (SFLY) (MLNX) Lower (more...)

February 1, 2017 6:23 PM EST

Today's After-Hours Movers:

Aviragen Therapeutics, Inc. (Nasdaq: AVIR) 21.1% LOWER; announced top-line data from its double-blind, placebo-controlled Phase 2a study of BTA585 in adults challenged intranasally with respiratory syncytial virus (RSV). The data indicate there was not a significant reduction in the primary endpoint, which was viral load. The overall safety profile of BTA585 was favorable and consistent across treatment groups.

Mead Johnson (NYSE: MJN) 20% HIGHER; Reckitt Benckiser is in talks to... More

Shutterfly posts drop in profit, says will cut jobs

February 1, 2017 4:32 PM EST

(Reuters) - Digital imaging company Shutterfly Inc (NASDAQ: SFLY) reported a 30.6 percent fall in quarterly profit, and said it would reduce its workforce by about 13 percent as part of a restructuring.

Shares of the company, which allows customers to use their pictures for photo books, cards and gifts, tumbled about 15 percent to $44 in trading after the bell on Wednesday.

Shutterfly... More

Shutterfly (SFLY) Misses Q4 EPS by 21c; Guides Lower

February 1, 2017 4:15 PM EST

Shutterfly (NASDAQ: SFLY) reported Q4 EPS of $2.63, $0.21 worse than the analyst estimate of $2.84. Revenue for the quarter came in at $561.2 million versus the consensus estimate of $583.8 million.

GUIDANCE:

Shutterfly sees Q1 2017 EPS of ($1.00)-($0.95), versus the consensus of ($0.84). Shutterfly sees Q1... More

Shutterfly (SFLY) puts more active than calls into Q4 and outlook

February 1, 2017 11:26 AM EST

Shutterfly (NASDAQ: SFLY) February call option implied volatility is at 49, March is at 35; compared to its 52-week range of 22 to 55 into the expected release of Q4 results today.

... More

Shutterfly (SFLY) call put ratio 1 call to 3.8 puts into Q4

January 31, 2017 2:42 PM EST

Shutterfly (NASDAQ: SFLY) February call option implied volatility is at 49, March is at 35; compared to its 52-week range of 22 to 55 into the expected release of Q4 results on February 1. February 50 and 52.50 puts are active on total put volume of 768 contracts (214 calls).

... More

Shutterfly (SFLY): Expecting an Inline Quarter - Needham

January 31, 2017 6:27 AM EST

Needham & Company analyst, Kerry Rice, reiterated his Buy rating on shares of Shutterfly Inc. (NASDAQ: SFLY) and expects the company to report 4Q16 results in-line with expectations after the market close on Wednesday.

The analyst expects the Consumer business to be in-line with... More