Facebook, Inc. (FB) was reiterated a ‘Buy’ by Jefferies analysts on Tuesday. The broker also raised its price target on the stock to $130 from $120.
Facebook Inc. Cl A shares are currently priced at 98.28x this year’s forecasted earnings, which makes them expensive compared to the industry’s 10.30x earnings multiple. Ticker has a forward P/E of 35.24 and t-12 price-to-sales ratio of 18.95. EPS for the same period is $0.98.
In the past 52 weeks, shares of Menlo Park, California-based social networking giant have traded between a low of $72 and a high of $99.59 and are now at $96.71.
Shares are up 29.65% year-over-year and 26.21% year-to-date.
—
Analysts at Barclays upgraded their rating on the shares of Weight Watchers International, Inc. (WTW). In a research note published on Tuesday, the firm lifted the name with an ‘Equal Weight’ from ‘Underweight’ rating and set a 12-month base case estimate of $14 from $5 per share.
On valuation measures, Weight Watchers shares are currently priced at 15.70x this year’s forecasted earnings, compared to the industry’s 16.26x earnings multiple. Ticker has a PEG and forward P/E ratio of -0.49 and 36.65, respectively. Price/Sales for the same period is 0.61 while EPS is $1.14. Currently there is one analyst that rates WTW a ‘Buy’, 5 rate it a ‘Hold’. Two analysts rate it a ‘Sell’. WTW has a median Wall Street price target of $5.00 with a high target of $10.00.
—
Etsy, Inc. (ETSY) was raised to ‘Neutral’ from ‘Underperform’ and it was given a $9 price target at Wedbush on Tuesday.
ETSY is up $0.51 at $11.45 on heavy volume. Midway through trading Tuesday, 1.67 million shares of Etsy Inc. have exchanged hands as compared to its average daily volume of 584K shares. The stock has ranged in a price between $11.19 to $12.26 after having opened the day at $11.19.
Over the past year, shares of Brooklyn, NY-based company have traded between a low of $10.29 and a high of $35.74.
Shares are down 63.53% since the beginning of the year.
—
In a report published Tuesday, Oppenheimer analysts initiated coverage on bluebird bio, Inc. (BLUE) with an ‘Outperform’ rating and $162 price target.
BLUE shares recently lost $0.84 to $80.99. In the past 52 weeks, shares of Cambridge, Massachusetts-based biotech company have traded between a low of $35 and a high of $197.35.
Shares are up 127.31% year-over-year ; down 10.78% year-to-date.
—
Western Digital Corporation (WDC) was reiterated as ‘Strong Buy’ with $106 from $101 price target on Tuesday by Needham.
WDC shares recently lost $5.54 to $74.94. The stock is down more than 5% year-over-year and has lost roughly 26% year-to-date. In the past 52 weeks, shares of Irvine, Calif.-based company have traded between a low of $67.87 and a high of $114.69.
Western Digital closed Monday at $80.48. The name has a current market cap of $17.33 billion.
Leave a Reply