Continue reading Dollar General: Buy on the Dips?

Dollar General: Buy on the Dips? originally appeared on BloggingStocks on Fri, 25 Mar 2011 10:00:00 EST. Please see our terms for use of feeds.

Family Dollar Stores (FDO - option chain) stock is trading lower today after the company reported Q1 earnings this morning, posting a profit of $74.32 million, or 58 cents per share, on revenue of $2.00 billion. Analysts had forecast a profit of 61 cents per share on revenue of $1.98 billion. FDO also forecast Q2 earnings of 92 to 97 cents per share, below analysts' forecasts of $1.00 per share. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on FDO.

This morning, FDO opened at $45.18. So far today the stock has hit a high of $46.19 and a low of $44.85. As of 12:30, FDO is trading at $45.27, down $4.04 (-8.2%). The chart for FDO looks bullish and S&P gives FDO a positive 5 STARS (out of 5) strong buy ranking.

Continue reading Family Dollar Misses Q1 Earnings, Issues Weak Q2 Forecast

Family Dollar Misses Q1 Earnings, Issues Weak Q2 Forecast originally appeared on BloggingStocks on Wed, 05 Jan 2011 13:30:00 EST. Please see our terms for use of feeds.

Continue reading Dollar General Down on Q2 News

Dollar General Down on Q2 News originally appeared on BloggingStocks on Tue, 31 Aug 2010 17:00:00 EST. Please see our terms for use of feeds.

Continue reading Dollar General Up on Q1 Numbers

Dollar General Up on Q1 Numbers originally appeared on BloggingStocks on Tue, 08 Jun 2010 15:00:00 EST. Please see our terms for use of feeds.

Alcoa Inc. (NYSE: AA) kicks off another earnings season this week, and analysts surveyed by Thomson Reuters are looking for another net loss for the third quarter. Can we take that as a sign of things to come, or as a bellwether for the economy? Well, barring a big downside surprise, this will be the third narrower quarterly loss for Alcoa. But while Alcoa beat estimates in July, it missed them in April. Alcoa's shares, on the other hand, are up 145.6% since the March low, which is well more than twice as much either the Dow or the S&P 500.

During its third quarter, New York-based Alcoa continued restructuring efforts, remained a part of the DJIA Sustainability Index, and declared a quarterly dividend. It is expected to report a net loss of $0.12 per share for the three months that ended in September. That compares to a profit of $0.37 in the same period of last year. Third-quarter revenue is forecast to have fallen 38.3% to $4.5 billion. Analysts so far expect to see a profit in the fourth quarter, but not for the full year. Alcoa has missed earnings expectations in three of the past four quarters. The long-term EPS growth forecast is 20.0%, again much better than the S&P 500. The First Call consensus recommendation is to hold AA; CNBC concurs that now is not the time to buy. At $12.82, shares are 30.0% higher than three months ago, but 33.4% lower than a year ago.

Continue reading The week in preview: Another earnings season begins: Alcoa, PepsiCo, Monsanto ...

The week in preview: Another earnings season begins: Alcoa, PepsiCo, Monsanto ... originally appeared on BloggingStocks on Sun, 04 Oct 2009 12:30:00 EST. Please see our terms for use of feeds.

Family Dollar Stores Inc. (NYSE: FDO) operates a chain of discount retail stores. As one of the great "dollar stores," it often leads the retail group.

The chart is loaded with bullish technical signals, including a gold cross, a new buy signal from the stochastic, and a build up of buying volume.

Continue reading Technical trade #2: Family Dollar Stores (FDO)

Technical trade #2: Family Dollar Stores (FDO) originally appeared on BloggingStocks on Sat, 05 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.

If you're looking for the most accurate way to predict the direction a stock or the market is headed, technical analysis is it.

Of course, no chart pattern is accurate all of the time (which is why technical analysis is more of an art than a science), but it's the closest you're going to get to a sure thing in the stock market.

So I'm offering up six technical trades today. Each of these stocks' charts are giving off extremely bullish signals and look ready to run higher.

Continue reading Six technical trades that are off the charts

Six technical trades that are off the charts originally appeared on BloggingStocks on Sat, 05 Sep 2009 09:00:00 EST. Please see our terms for use of feeds.

Dick's Sporting Goods (NYSE: DKS) competed on Tuesday in a contest that no company really wants to play: the Expectations Game. Things turned out pretty well for the famous seller of sports stuff (being that I'm no athlete, I can't say I've purchased anything from the place). For the fourth quarter, Dick's posted adjusted income of 55 cents per diluted share. Analysts surveyed by Reuters believed that the chain might do 53 cents per share.

Very cool. In fact, Dick's stock closed yesterday at $12.84. The shares gained over 17% on excellent volume. So, one might expect that the earnings were great and that the stock is a buy. Not so fast.

Continue reading Dick's Sporting Goods beats the estimates game

Dick's Sporting Goods beats the estimates game originally appeared on BloggingStocks on Wed, 11 Mar 2009 09:00:00 EST. Please see our terms for use of feeds.

Family Dollar Stores (NYSE: FDO) operates a chain of more the 6,500 U.S. retail discount stores, offering consumables, home products, apparel, electronic items and seasonal goods. The firm specializes in neighborhood outlets, located near its low- and middle-income customers in rural and urban areas. Most items are priced under $10. Wal-Mart Stores (NYSE: WMT) and Dollar Tree (NASDAQ: DLTR) are major competitors.

The company pleased investors last week, when it reported fiscal Q3 EPS of 46 cents and revenues of $1.7 billion. Analysts had been looking for 40 cents and $1.7 billion. The CEO attributed success to the company's "intense focus on controlling expenses and mitigating inventory risk." Management also guided Q4 EPS to 30-35 cents (29 cent consensus).

Continue reading Family Dollar Stores (FDO): Price defines bullish 'pennant'

Family Dollar Stores (FDO): Price defines bullish 'pennant' originally appeared on BloggingStocks on Mon, 07 Jul 2008 14:35:00 EST. Please see our terms for use of feeds.

Family Dollar posts 7% increase in net income as shoppers flock there originally appeared on BloggingStocks on Mon, 07 Jul 2008 13:01:00 EST. Please see our terms for use of feeds.

retailer Family Dollar Stores Inc. (NYSE:FDO) have been taking a hit in early trading as the company slashed its full-year earnings outlook amid tumbling market conditions.The retailer was able to post better-than-expected earnings numbers but this was not enough to reassure investors who pushed the stock down over 1%.

Family Dollar Stores announced that its second quarter profit had dropped 30% to $63.3 million, down from $90.5 million reported in the same period a year ago when the company benefited from an extra week of holiday sales. The retailer posted quarterly earnings of 45 cents a share, slightly higher the 42 cents a share that analysts expected.

The company posted a drop of 6% in its second-quarter revenue to $1.83 billion, down from $1.95 billion a year earlier. Analysts forecast revenue of $1.84 billion in the quarter, according to Thomson Financial. The drop in revenue came as the retailer had to face a difficult consumer environment brought by the U.S. housing market slowdown, high gas prices and credit crisis.

Continue reading Family Dollar Stores (FDO) reports weak profit amid economic slowdown

Family Dollar Stores (FDO) reports weak profit amid economic slowdown originally appeared on BloggingStocks on Fri, 04 Apr 2008 11:58:00 EST. Please see our terms for use of feeds.