Morning Buzz: Angie’s List (ANGI), Potbelly Corp.(PBPB), Yandex N.V. (YNDX), Bank of America (BAC), Garmin (GRMN)

Shares of Angie’s List, Inc. (ANGI) are higher by nearly 31% to $6.39 in pre-market trading on Wednesday, as the stock continues to see gains following the company’s increase in revenue in its 4Q’14 results. The consumer reviews service posted revs of $82.2 million in the period vs. expected $80.9 million. On an EPS basis, the Indianapolis-based company said it had profit of $0.26 p/sh.

Angie’s List, Inc. shares have a PEG of (0.72). Price/Sales for the same period is 0.97 while EPS is ($0.42). Currently there are no analysts that rate ANGI a ‘Buy’, 8 rate it a ‘Hold’ and 1 analyst rates it a ‘Sell’. ANGI has a median Wall Street price target of $7.00 with a high target of $8.00.

In the past 52 weeks, shares of Indianapolis, Indiana-based firm have traded between a low of $4.36 and a high of $15.03. Shares are down 67.18% year-over-year, and 21.51% year-to-date.

Potbelly Corporation (PBPB) soared 11.60% to $15.85 in pre-market trading on Thursday after the restaurant chain posted Q4’14 earnings results which topped analysts’ expectations. The company said net income came in at $0.06 per diluted share, compared to the $0.03 per share Wall Street had predicted. That’s a beat of 100%. Revenues also came in higher at $84.4 million, beating forecasts of $83 million.

PBPB shares recently gained $1.78 to $15.98. In the past 52 weeks, shares of Chicago, Illinois-based company have traded between a low of $10.91 and a high of $21.60. Shares are down 37.22% year-over-year ; up 10.33% year-to-date.

Shares of Yandex N.V. (YNDX) are higher by nearly 9% in early trade after it reported a jump in quarterly profit. Russia’s largest search engine said revs increased 29% last year to 50.8 billion rubles, or $902 million based on exchange rates provided by the company. Sales growth was 21% in Q4’14 as Internet advertising slowed down.

CEO Arkady Volozh cited “challenging economic headwinds, including substantial currency fluctuations” as the company said it couldn’t give a full-year forecast. On an EPS basis, the company said it had net income of $0.42. Earnings, adjusted for one-time gains and costs, came to $0.22 per share.

YNDX shares recently gained $1.32 to $17.97. The stock is down more than 58% year-over-year and has lost roughly 7.30% year-to-date. In the past 52 weeks, shares of The Hague, the Netherlands-based company have traded between a low of $14.14 and a high of $40.87.

Yandex closed Tuesday at $16.65. The name has a total market cap of $5.30B.

Bank of America (BAC) – Reuters reports that CEO Brian Moynihan received a 7%, or $13 million, pay cut last year, as the banking giant’s full-year profit contracted 58% on higher legal settlements.

On valuation measures, BAC shares are currently priced at 46.19x this year’s forecasted earnings, which makes them expensive compared to the industry’s 18.55x earnings multiple. The bank’s current year and next year EPS growth estimates stand at 294.40% and 17.60% compared to the industry growth rates of 11.80% and 14.10%, respectively. BAC has a t-12 price/sales ratio of 2.13. EPS for the same period registers at $0.36.

BAC’s shares have advanced 9.41% in the last 4 weeks and declined 3.15% in the past three months. Over the past 5 trading sessions the stock has gained 1.71%. Shares of Bank of America are down 7.04% this year, while the S&P 500 index has gained 14.85% in the same period.

Garmin Ltd. (GRMN) shares are currently printing a large downtick, falling nearly 6% from the previous close after the maker of navigation devices reported a Q4 adjusted EPS of $0.77, one cent below estimates. The company predicts currency issues will slow revenue growth this year.

GRMN shares have advanced 11.79% in the last 4 weeks and 2.47% in the past three months. Over the past 5 trading sessions the stock has gained 5.58%. The Schaffhausen, Switzerland-based company, which is currently valued at $10.86B, has a median Wall Street price target of $60.00 with a high target of $67.00. GRMN is up 27.58% year-over-year. Ticker is currently changing hands at $53.55.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.