Analyst Upgrades

• Bristol-Myers (BMY) to hold from underperform at Jefferies.
• Pep Boys (PBY) to buy from hold at Stifel Nicolaus.
• Tesla Motors (TSLA) to overweight from equal weight at Morgan Stanley.
• Emerson (EMR) to buy from hold at Deutsche Bank.
• ARM Holdings (ARMH) to buy from neutral at BofA/Merrill.
• NetLogic (NETL) and Cavium Networks (CAVM) to buy from hold at Auriga.
• Aimco (AIV) to hold from sell at Citigroup.
• Ceragon Networks (CRNT) to overweight from equal weight at Barclays.

Continue reading Analyst Calls: BMY, CAG, CAVM, CEPH, OPEN, PBY, SOL, TSLA, WDC ...

Analyst Calls: BMY, CAG, CAVM, CEPH, OPEN, PBY, SOL, TSLA, WDC ... originally appeared on BloggingStocks on Thu, 31 Mar 2011 11:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Home Depot (HD) to buy from neutral at Goldman.
• Delta Air Lines (DAL) to buy from neutral at BofA/Merrill.
• Heico (HEI) to outperform from sector perform at RBC Capital.
• Royal Dutch Shell (RDS.A) to outperform from neutral at Credit Suisse.
• MB Financial (MBFI) to outperform from neutral at RW Baird.
• Quest Diagnostics (DGX) to equal weight from underweight at Morgan Stanley.
• Oshkosh (OSK) to neutral from underweight at JPMorgan.
• Volterra (VLTR) and Silicon Laboratories (SLAB) to buy from neutral at Roth Capital.
• Ascena Retail Group (ASNA) to overweight from neutral at Piper Jaffray.
• Cytec Industries (CYT) to buy from hold at Deutsche Bank.

Continue reading Analyst Calls: DAL, CIEN, DGX, HD, IMAX, LOW, OSK, PENN, RDS.A, SWK ...

Analyst Calls: DAL, CIEN, DGX, HD, IMAX, LOW, OSK, PENN, RDS.A, SWK ... originally appeared on BloggingStocks on Mon, 31 Jan 2011 12:10:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Heico (HEI) to outperform from market perform at FBR Capital.
• Eaton (ETN), Silgan Holdings (SLGN), MYR Group (MYRG) and Shaw Group (SHAW) to outperform from neutral at RW Baird.
• Infosys (INFY) to buy from Neutral at Nomura.
• Isle of Capri (ISLE) to buy from neutral at Merriman.
• NovaGold (NG) to sector perform from underperform at RBC Capital.
• CarMax (KMX) and Rockwell Collins (COL) to outperform from neutral at Credit Suisse.
• DHT Holdings (DHT) to overweight from neutral at JPMorgan.
• Cabot Oil & Gas (COG) to overweight from underweight at Morgan Stanley.

Continue reading Analyst Calls: CB, COL, ETN, FCX, FRO, INFY, KMX, NAT, SHAW, SON ...

Analyst Calls: CB, COL, ETN, FCX, FRO, INFY, KMX, NAT, SHAW, SON ... originally appeared on BloggingStocks on Fri, 21 Jan 2011 12:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• CLSA upgraded Capital One (COF) to outperform from underperform based on valuation and an acceleration in loan growth. The firm raised its price target to $43 from $40.
• KeyBanc upgraded Brush Engineered (BW) to buy from hold based on increased confidence in profit momentum in Specialty Engineered Alloys, valuation and value-added revenue unit growth. The firm has a $30 target on the stock.
• Stifel Nicolaus upgraded Heico (HEI) to buy from hold with a $42 target, citing the better-than-expected Q3 results.
• Greenbrier (GBX) was upgraded to buy from hold at BB&T.
• Paychex (PAYX) was upgraded to hold from sell at Deutsche Bank.
• A. Schulman (SHLM) was upgraded to buy from neutral at Longbow.

Continue reading Analyst Calls: ASX, BW, CBOE, COF, CREE, MDT, NDAQ, SCHW, TSM ...

Analyst Calls: ASX, BW, CBOE, COF, CREE, MDT, NDAQ, SCHW, TSM ... originally appeared on BloggingStocks on Thu, 26 Aug 2010 12:00:00 EST. Please see our terms for use of feeds.

Results for the tech stocks in last week's preview were a mixed bag, some beats, some misses, some in line. By and large, expectations for tech companies reporting results this week remain high, though. Here's what analysts surveyed by Thomson Financial are anticipating in the way of earnings, as compared to the same period of the previous year.

• Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF): $1.48 EPS (+73.0%) on sales of $1.3 billion (+171.0%)
• Marvell Technology Group Ltd. (NASDAQ: MRVL): $0.21 EPS (+71.4%) on sales of $836.7 million (+27.4%)
• Solera Holdings Inc. (NYSE: SLH): $0.29 EPS (+51.7%) on sales of $137.0 million (+11.8%)
• Applied Signal Technology Inc. (NASDAQ: APSG): $0.14 EPS (+42.9%) on sales of $46.4 million (+17.4%)
• China Finance Online Co. Ltd. (NASDAQ: JRJC): $0.14 EPS (+42.6%) on sales of $13.3 million (+131.5%)
• OSI Systems Inc. (NASDAQ: OSIS): $0.38 EPS (+36.8%) on sales of $162.0 million (+6.0%)
• LaBarge Inc. (AMEX: LB): $0.27 EPS (+33.3%) on sales of $71.6 million (+10.4%)
• Esterline Technologies Corp. (NYSE: ESL): $0.69 EPS (+11.6%) on sales of $374.6 million (+14.8%)
• Dell Inc. (NASDAQ: DELL): $0.36 EPS (+11.1%) on sales of $15.9 billion (+7.8%)
• HEICO Corp. (NYSE: HEI): $0.46 EPS (+13.0%) on sales of $147.1 million (+10.5%)
• Daktronics Inc. (NASDAQ: DAKT): $0.17 EPS (flat) on sales of $141.5 million (+17.0%)
• Novell Inc. (NASDAQ: NOVL): $0.05 EPS (flat) on sales of $241.4 million (-0.7%)
• Omnivision Technologies Inc. (NASDAQ: OVTI): $0.29 EPS (-17.1%) on sales of $172.5 million (-0.4%)
• Sigma Designs Inc. (NASDAQ: SIGM): $0.39 EPS (-18.8%) on sales of $58.7 million (+37.9%)

Continue reading The week in preview: Earnings expectations for techs, Canadian banks

The week in preview: Earnings expectations for techs, Canadian banks originally appeared on BloggingStocks on Sun, 24 Aug 2008 12:30:00 EST. Please see our terms for use of feeds.

Given the tight times at the airlines, being an outfit that can provide regulator-approved aircraft replacement parts puts a firm in a favorable position. One of the biggest independent companies in the group is headquartered in Hollywood, Florida.

Heico Corporation (NYSE: HEI) is engaged in the design, manufacture and sale of aerospace and defense products and services. The firm specializes in producing FAA-approved aircraft components, such as combustion chambers and gas-flow transition ducts. It also provides jet engine overhaul and repair services. In addition, the company makes such electronic equipment as power modules and cooling systems. Customers include AMR Corporation (NYSE: AMR), Boeing (NYSE: BA) and UAL Corporation (NASDAQ: UAUA). United Technologies (NYSE: UTX) is a major competitor.

Continue reading Heico Corporation (HEI): Replacement parts for your jet aircraft

Heico Corporation (HEI): Replacement parts for your jet aircraft originally appeared on BloggingStocks on Wed, 02 Jan 2008 14:55:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Citigroup downgraded shares of BEA Systems (NASDAQ: BEAS) to Hold from Buy on valuation following the $17/share offer by Oracle (NASDAQ: ORCL) as they think a public bidding war for the company is unlikely.
  
• ABN Amro downgraded shares of Nokia Corporation (NYSE: NOK) to Hold from Buy on valuation and believes above consensus Q3 results are already priced into shares.
  
• Wachovia downgraded Medco Health Solutions (NYSE: MHS) to Market Perform from Outperform on valuation.
  
• The firm also downgraded Quest Diagnostics (NYSE: DGX) to Market Perform from Outperform, as they believe the prospects from stabilizing volumes and cost savings are reflected in valuation and Street estimates.
  
• Credit Suisse downgraded shares of PetSmart (NASDAQ: PETM) to Neutral from Outperform citing aggressive pricing at Petco, accelerating growth initiatives, limited visibility around expense management, and lack of consistent results.

• Methanex Corporation (NASDAQ: MEOH) was downgraded to Sector Underperformer from Sector Performer at CIBC.
  
• Rochdale downgraded Heico Corporation (NYSE: HEI) to Neutral from Buy.
  
• JP Morgan downgraded BankUnited Financial Corp (NASDAQ: BKUNA) to Neutral from Outperform and removed Qwest Communications (NYSE: Q) from its Focus List.
  
• Goldman removed MetLife (NYSE: MET) from its Conviction Buy List.
  
• Coldwater Creek (NASDAQ: CWTR) was downgraded to Hold from Buy at Standford and at Stifel.

Analyst downgrades: BEAS, NOK, MHS, DGX and PETM originally appeared on BloggingStocks on Mon, 15 Oct 2007 11:15:00 EST. Please see our terms for use of feeds.

Given the tight times at the airlines, being an outfit that can provide regulator-approved aircraft replacement parts puts a firm in an admirable position. One of the biggest independent companies in the group is headquartered in Hollywood, Florida.

Heico Corporation (NYSE: HEI) is primarily engaged in the design, manufacture and sale of aerospace and defense products and services. The firm specializes in producing FAA-approved aircraft components, such as combustion chambers and gas-flow transition ducts. It also provides jet engine overhaul and repair services. In addition, the company makes such electronic equipment as power modules and cooling systems. Customers include AMR Corporation (NYSE: AMR), Boeing (NYSE: BA) and UAL Corporation (NASDAQ: UAUA). United Technologies (NYSE: UTX) is a major competitor.

The firm pleased investors last week, when it reported Q2 EPS of $0.35 and revenues of $121.2 million. Analysts had been looking for $0.34 and $114.5 million. Management also guided FY07 EPS to $1.39-$1.41 ($1.40 consensus) and FY07 revenues to $475-$480 million ($473.32M consensus). HEI shares popped into a bullish "flag" consolidation pattern on the news. Prices frequently exit flags moving in the same direction they were traveling when they entered them. In this case, that would be to the upside.

Brokers recommend the issue with three "strong buys," two "buys" and one "hold." Analysts expect a 20 percent average annual growth rate through the next five years. The HEI Price to Book ratio (3.24), Sales Growth rate (31.6%), EPS Growth rate (25.00%), Return on Assets (8.76%) and Return on Investment (11.22%) compare favorably with industry, sector and S&P 500 averages.

Institutional investors hold about 27 percent of the outstanding shares. Over the past 52 weeks, the stock has traded between $26.95 and $43.80. A stop-loss of $36.85 looks good here. Note that HEI shares are highly shorted (May short interest = 35% of float).

Larry Schutts is a contributing editor for Theflyonthewall.com and the Vice-President of Stockwinners.com.

Heico Corporation: Parts and repair services for your jet engines originally appeared on BloggingStocks on Tue, 05 Jun 2007 14:43:00 EST. Please see our terms for use of feeds.

GE throws light on incandescent bulb ban movement originally appeared on BloggingStocks on Fri, 23 Feb 2007 14:12:00 EST. Please see our terms for use of feeds.