Seeking Alpha
  • Starbucks: The Next Dividend Growth Story Success Story
    SBUX Today, 4:35 PM Dividend Growth Investor Comment!

    Summary

    • Starbucks initiated its dividend in 2010, and has been growing distributions rapidly since then. I believe that it has the potential to reach dividend achiever status by 2020.
    • I expect Starbucks to grow earnings per share by 12%-15% per year in the next decade as it rolls out new stores globally.
    • The stock is overvalued today, which is why I am waiting for lower entry valuation. I also have sold long-dated puts on the stock and collected a premium in the meantime.
  • Home Depot: Analysis And Six-Month Price Projection
    HD Today, 4:25 PM James Bjorkman Comment!

    Summary

    • Home Depot recently reported strong second quarter earnings and raised its full-year forecast;
    • While HD's results surprised the market, they were in line with Home Depot's performance of recent years;
    • We make a projection for Home Depot's stock price for the period immediately after the full 2014 fiscal year is reported.
  • Is Macy's Undervalued?
    M Today, 4:00 PM Apex Financial Consultants Comment!

    Summary

    • Macy’s could not beat analysts’ estimates but the stock still got a buy rating from industry experts.
    • Diluted per share earnings in this quarter surged more than 11% on a year-over-year basis.
    • The company generates higher profits on its equity, assets, and invested capital compared to its peer’s average.
    • Macy’s is currently undervalued compared to its Peers.
  • A Few Reasons Why Whole Foods Is A Buy On The Dip Opportunity
    WFM Today, 3:52 PM Anup Singh 1 Comment

    Summary

    • Whole Foods is undertaking smart moves such as opening more stores to tap the fast-growing organic food market.
    • Whole Foods is countering competition by investing in technology, and by also delivering value to customers, apart from spreading awareness about itself.
    • Whole Foods looks reasonably-valued, and its earnings are expected to grow going forward.
  • Starbucks Is Brewing Up More Growth
    SBUX Today, 3:48 PM ColoradoWealthManagementFund 1 Comment

    Summary

    • Same store sales are still growing, 18 consecutive quarters of 5% or more.
    • Operating margins are going from strong to even stronger.
    • Growth in the China / Asia Pacific [CAP] markets looks like the right strategy.
  • Update: Olympic Steel Earnings
    ZEUS Today, 3:33 PM Marshall Hargrave Comment!

    Summary

    • The company beat 2Q consensus on the top line but missed the bottom line.
    • We still remain bearish on the company, noting the valuation is even more expensive now despite the pullback in shares.
    • We felt the miss in earnings was anticipated given the company’s over reliance on steel prices and non-flexibility in its cost structure.
  • Update: Lowe's Fails To Impress
    LOW Today, 3:26 PM Aurium Investments Comment!

    Summary

    • Lowe's reported Q2 earnings with projections of 4.5% sales growth for FY14, below analyst expectations.
    • In spite of underwhelming earnings, the stock price continues to rise.
    • Lowe's continues to be overvalued relative to its performance and potential for growth.
  • Wynn: Company's Macau 'Palace' Provides Significant Upside Beginning In 2016
    WYNN Today, 3:24 PM Musings of a Banker Comment!

    Summary

    • Equity research analysts' median price target of approximately $240 appears right on the mark.
    • Using Levered Returns cash flow model assumptions, I’m concluding a fair value estimate of approximately $240 - a 19% premium to Wynn’s August 18th closing price.
    • Correctly accounting for Macau minority interest in enterprise value buildup reveals valuation multiple variances between LVS, MGM and WYNN.
  • Why Visa Could Be Relatively Overvalued
    V, MA Today, 3:00 PM Team Money Research 1 Comment

    Summary

    • Visa is the focus of this article, with the company’s profitability, growth potential and income prospects discussed.
    • We also compare it to a key sub-industry peer and find that it could be relatively overvalued.
    • As such, we think that Visa could underperform its rival going forward.
  • Target: The Gist Of The Earnings Report
    TGT Today, 2:57 PM Aristofanis Papadatos 3 Comments

    Summary

    • In today's earnings report, the management of Target continued its string of lowering its guidance for this year’s earnings. From the initial EPS $5.50 a year ago to $3.20 now.
    • Despite the lower guidance, the company has to improve its performance by 70% in the second half of the year in order to meet the guidance of its management.
    • Given the performance and the debt figures I analyze, I expect the management to lower again its projected earnings in the next few weeks.
  • Breaking It Down: Urban Outfitters' Q2 FY 2015 Earnings Call
    URBN Today, 2:47 PM Hunter Straus Comment!

    Summary

    • Urban Outfitters reported earnings that were in line with expectations and sales that were just above expectations.
    • Management seemed dispassionate and detached from the image that the company wishes to project.
    • Management did not provide guidance beyond forecast capex and estimated fiscal year tax rate numbers.
  • Update: TeleTech Holdings Earnings
    TTEC Today, 2:45 PM Marshall Hargrave Comment!

    Summary

    • The company missed 2Q consensus on the top and bottom lines.
    • We still have a long-term bullish thesis on the company given its strategy for transforming its business model.
    • We felt the company could easily beat 2Q earnings given its focus on SaaS and continued ability to penetrate its customer base deeper.
  • Buy Abertis For Its 4.3% Yield
    ABRTY Today, 1:50 PM The Outsider Comment!

    Summary

    • Abertis is an infrastructure company, operating toll roads and telecommunications networks.
    • It has mature toll road assets in Spain and France, but also enjoys good growth prospects in Latin America.
    • It currently offers an interesting dividend yield above 4%, that seems sustainable due to its strong cash flow generation capacity.
  • Urban Outfitters' Earnings Decline Amid Record Revenue Portends Trouble
    URBN Today, 1:31 PM Shock Exchange Comment!

    Summary

    • Urban Outfitters reported quarterly earnings yesterday.
    • Revenue was up 7% Y/Y, yet net income declined 20%.
    • With a 21x p/e ratio amid declining earnings, Urban Outfitters is a sell.
  • Disney Might Go To $100 As Quickly As You Can Blink Your Eyelids
    DIS Today, 1:16 PM Abba's Aces 4 Comments

    Summary

    • The company recorded a phenomenal third quarter by increasing all segment revenues from the prior year.
    • Management definitely knows how to procure undervalued properties and turn them into cash cows, a la Marvel, Lucas Films, and soon to be the SEC Network.
    • In my humble opinion, I believe Disney is one of the best run companies on the planet, if not the best.
  • FedEx Is A Bullish Bet On The U.S. Economy
    FDX Today, 1:00 PM Alexander Daly Comment!

    Summary

    • Shares of FedEx are undervalued by 12%.
    • The trend towards e-commerce, across the retail landscape, will increase the volume of goods requiring transport, and drive sales growth higher.
    • Fair value indicated at $167/share, with an implied terminal EBITDA multiple of 6.70x.
  • Priceline Group: Bright Future Prospects
    PCLN Today, 12:55 PM Trading Champ 1 Comment

    Summary

    • Priceline reported strong revenue and earnings growth for the second quarter of 2014.
    • China’s online travel market is very important for Priceline’s future growth.
    • Priceline recently acquired Open Table, an online restaurant reservation company.
  • Alaska Air Group: Look, I'm Flying!
    ALK Today, 12:53 PM Ray Merola 3 Comments

    Summary

    • Industry consolidation has provided a foundation for future airline profits unseen in recent memory.
    • My views of the airline business has changed.
    • Alaska Air Group is my choice for the best pick of the lot.
    • I was surprised at the remarkable strength of the franchise.
  • TJX Companies - Reassuring Quarter From This Long-Term Value Creator
    TJX Today, 12:44 PM The Value Investor 2 Comments

    Summary

    • TJX reports relatively strong second quarter results as many were preparing for a disappointment.
    • The company has a great long term track record of solid operational growth combined with margin expansion.
    • All of this combined with a steady pace of share repurchases has created a long term value creating company, providing appeal at market-equivalent multiples in my eyes.
  • Housing Market Strength Boosts Home Improvement Chain Results
    HD, LOW Today, 12:37 PM Daniel James Comment!

    Summary

    • July's housing market figures were better than expected.
    • Generally, home improvement stores tend to benefit from a strong housing market.
    • The most recent figures from Home Depot and Lowe's corroborate the view of a strengthening US housing market.
  • Urban Outfitters - Solid Results, Yet Current Appeal Is Limited
    URBN Today, 12:30 PM The Value Investor Comment!

    Summary

    • Investors in Urban Outfitters are relieved as second quarter performance slightly beats on already lowered expectations.
    • While I like the long term track record of the business, shares offer limit appealing in the short to medium term in my eyes given the recent momentum.
    • As such I will shun the shares for now, keeping them on my watchlist.
  • Grand Canyon Education: Participating In A Growing Market
    LOPE Today, 12:18 PM Michael Lee 2 Comments

    Summary

    • Tuition growth supports demand for lower tuition education.
    • Enrollment statistics support future growth.
    • Strong fundamentals indicate attractive valuation.
    • Growing competition threatens sustainability.
  • Warning To Netflix Investors
    NFLX Today, 11:52 AM Michael Nielsen 13 Comments

    Summary

    • Netflix's current business strategy is extremely risky.
    • A new service with the potential to diminish Netflix's subscriber base already exists.
    • Netflix's competitors are much more suited to survive in the long-run.
    • Until the company finds a way to mitigate the risk of its operations, its stock is not a sound investment.
  • Update: Skywest Earnings
    SKYW Today, 11:01 AM Marshall Hargrave 1 Comment

    Summary

    • The company beat Q2 consensus on the top line, but missed on the bottom line.
    • We are still bearish on the company, but note that it has fallen below our price target.
    • We felt the company was due to miss expectations, given the weakness in its ExpressJet acquisition.
  • Zhaopin FYQ4 '14: Solid Result, But Pressure Remains
    ZPIN Today, 10:53 AM WestEnd511 Comment!

    Summary

    • ZPIN's FY4Q14 beat on both revenue and EPS. Guidance was also higher than consensus.
    • ARPU and margin pressure remain key risk due to penetration into lower-tier cities.
    • Continue to favor JOBS over ZPIN on better brand, scale and execution.
  • Lowe's Strong Recent Results And Possible International Acquisition
    LOW Today, 10:11 AM Sure Dividend Comment!

    Summary

    • Lowe's reported its 2nd quarter earnings results this morning.
    • The company saw strong comparable store sales results, but still lags Home Depot.
    • Lowe's management is interested in international expansion. There is a European company with a P/E ratio around 10 that could be a potential acquisition target.
    • Lowe's is compared to other dividend growth stocks using quantitative rules.
  • Lowe's Lowers Outlook, Even As New Home Starts Rocket
    LOW Today, 9:45 AM Orange Peel Investments 1 Comment

    Summary

    • Lowe's beat analyst expectations for the quarter, but lowered its full-year same-store guidance.
    • This contradicts the new home startup data that came in yesterday.
    • Lowe's could be on shaky ground heading out of the homebuilding season and into winter.
  • Update: Overstock Expanding Bitcoin Adoption
    OSTK Today, 9:29 AM Jeffrey Himelson 3 Comments

    Summary

    • Overstock will begin accepting Bitcoin on its international website, starting September 1st.
    • The integration of Bitcoin internationally cements my long-term bullish stance on Overstock.
    • In my previous article, I opined that Bitcoin integration would benefit EPS in the coming quarters.
  • PetSmart: Sit And Stay
    Editors' Pick PETM Today, 9:22 AM Investing Doc Comment!

    Summary

    • Shares of PetSmart have soared on speculation of a sale to private equity, which seems increasingly likely in light of recent announcements by management.
    • Even without the prospect of a sale, the stock is fairly priced at the moment, with reasonable prospects for long-term high single-digit total returns.
    • With a fair value estimate of $73, I am holding onto my shares for now, and will wait and see what happens next.
  • Carriage Services, Inc. Well-Managed, Ultra-Long Term Death Care Investment
    CSV Today, 8:55 AM Rupert Hargreaves 2 Comments

    Summary

    • Carriage Services operates within the ultra-defensive death care sector.
    • The company is growing steadily and improving all metrics.
    • Management are focused on the long-term and sustainable growth.
  • Update: Staples Earnings - Beats By $0.006 On Lower Sales, Profits And Expectations
    SPLS Today, 8:28 AM Anthony Ruben 12 Comments

    Summary

    • Lower sales in North America and International, partially offset by on-line improvement; core products and technology continue to flee to competitors.
    • Continuing deterioration of sales base previously contemplated.
    • Maintain negative bias towards this high-yielding value trap.
  • Home Depot: Dividend Growth And Impeccable Fundamentals
    HD Today, 8:05 AM Josh Arnold 3 Comments

    Summary

    • Home Depot reported an amazing quarter earlier this week, sending shares to new highs.
    • HD is also a dividend growth story as it returns enormous amounts of capital to shareholders.
    • Shares have a current fair value of ~$99, making HD a strong buy.
  • Why Staffing 360 Solutions Is A Good Long-Term Play In The Staffing Industry
    STAF Today, 7:48 AM Lennox Yieke Comment!

    Summary

    • Economic recovery in Europe and US inspires new interest in staffing stocks.
    • Most staffing stocks seeing uptick in earnings.
    • Staffing market however too fragmented to attract long-term investors.
    • STAF appears like a great alternative to the big names due to its accretive acquisition strategy and focus on high-margin segments.
    • STAF's relatively smaller size further signals wider scope for growth when compared with its competitors.
  • Update: Artal Purchases Of Weight Watchers Indication Shares Are Undervalued
    WTW Today, 7:24 AM Unconventional Capital Wisdom 1 Comment

    Summary

    • Artal has always been a net seller of Weight Watchers shares since the IPO in 2004 and has never purchased shares on the open market.
    • Artal purchases are said to be in anticipation of equity-based award dilution, but dilution will occur over three years, not immediately.
    • Artal has high insider knowledge so the share purchases on the open market up to another >1% of outstanding shares is material and an indication shares are undervalued.
  • PetSmart Very Cheap Whether It Is Sold Or Not
    PETM Today, 7:09 AM Josh Arnold 2 Comments

    Summary

    • PetSmart reported an okay quarter last night, beating subdued analyst expectations.
    • The company also announced an acquisition, a cost reduction program and being open to the company being sold.
    • Shares are cheap based upon fundamentals, and very cheap when a takeover is factored in.
  • News Corporation: A Strong Buy
    NWSA Today, 6:50 AM Sammy Pollack Comment!

    Summary

    • News Corp. is a value play, based on sum-of-the-parts valuation.
    • News Corp.'s recently acquired Storyful could become a very valuable media property.
    • News Corp.'s strong balance sheet gives the company flexibility, and could allow the company to go private.
  • Update: Efficiency Driving PostNL
    PNLYY Today, 6:09 AM Unconventional Capital Wisdom Comment!

    Summary

    • PostNL reached our original thesis and due to other more attractive opportunities we exited at the end of last year.
    • Cost cutting measures are being achieved quicker than the company initially anticipated and is likely to continue.
    • The company is likely to be earning much more operating cash next year and a likely credit upgrade will catalyze a higher share price.
  • Update: TJX Companies Releases Q2 2015 Results
    TJX Today, 5:23 AM Jeroen Jongbloed 2 Comments

    Summary

    • TJX has released its quarterly results for Q2, announcing consolidated comparable store sales up 3%, thanks to great performance in TJX Europe and HomeGoods.
    • The company has increased its full year guidance, now expects diluted EPS in the range of $3.08 to $3.16.
    • The company has continued boosting EPS through share repurchases, as I expected, with $440 million worth of shares bought back in Q2.
    • However, at 18.2 - 18.7 times expected earnings, I still won't be buying.
  • Amazon: $389 Or $209? Pick Your Scenario
    AMZN Today, 5:23 AM AtonRa Partners 43 Comments

    Summary

    • Following the recent Bulls vs. Bears debate, we have decided to perform a risk/reward analysis and valuation of Amazon.
    • In the bull case, Amazon delivers higher revenue growth and margins than Wal-Mart in the long term.
    • In the bear case, Amazon performs only in line with Wal-Mart in the long run.
    • We get to a $389-209 valuation range, suggesting that the risk/reward is not yet attractive despite the stock price decline year-to-date.
  • Update: PetSmart Earnings
    PETM Today, 5:20 AM Value and Income Insights Comment!

    Summary

    • PETM reported Q2 2014 results. EPS exceeded expectations and revenues in line.
    • PETM also announced they have hired JP Morgan to explore strategic alternatives, including a sale of the company.
    • The recent share price appreciation has reduced the margin of safety in PETM but shares may move higher if the company is purchased.
    • I did not anticipate the company would be the target of an activist in my original write-up but did believe the company was undervalued.
  • Student Transportation: Riskier Than You Think?
    STB Today, 5:12 AM 5i Research 13 Comments

    Summary

    • Dividend funded through share issues.
    • Continued share dilution since 2009.
    • As interest rates rise, valuation could be at risk.
  • CVS And AMN Healthcare Will Soar On Obamacare
    AHS, CVS Today, 4:38 AM Mix Star 1 Comment

    Summary

    • Obamacare will be a catalyst for growth in the healthcare industry.
    • CVS and AMN Healthcare are poised to capitalize on a growing healthcare industry.
    • CVS and AMN Healthcare are great value positions for those who want exposure to the healthcare industry.
  • Shedding Light On TJX's Big Day
    TJX Today, 2:34 AM Daniel Jones Comment!

    Summary

    • After reporting strong results for the quarter, shares of TJX soared, suggesting that its long-term growth might be able to continue.
    • Its recent performance, combined with its long-term performance, points to a company that presents investors with good prospects while Big Lots might not be as attractive a play.
    • In addition to posting growth in recent years that put Big Lots to shame, forward forecasts imply that TJX is pricey but relatively cheap compared to Big Lots.
  • Macy's: A Value Stock
    M Today, 1:12 AM Balanced Investing Comment!

    Summary

    • The retail store operator was able to rake in $6.267 billion in the second quarter of 2014, representing an increase of 3.3% year on year.
    • Top line growth contributors: improvement in weather conditions, promotional activities, employment of MOM strategies, refurbishment of Herald Square flagship etc.
    • Operating income margin improved from 8.8% in the second quarter of 2013 to 9.1% in the most recent quarter.
    • Higher ROA and ROE are depicting Macy’s to be a cut above the industry peers.
    • The stock is highly undervalued based on its P/E and is offering a dividend yield of 2.18%.
  • Home Depot Soars On Great News
    HD Today, 12:55 AM Daniel Jones 2 Comments

    Summary

    • Despite high expectations for the quarter, Home Depot not only matched forecasts but delivered higher than expected numbers, sending shares rising for the day.
    • While some of this increase was driven by higher comparable store sales, the retailer boasted a big rise in traffic, indicating a progressively healthier economy.
    • Moving forward, the retailer has potential, but with its retail footprint no longer focusing on growth, investors shouldn't expect to get rich over night owning the company's stock.
  • Ruby Tuesday: Sell While Momentum Is High
    RT Today, 12:13 AM Renee Butler 1 Comment

    Summary

    • Ruby Tuesday has seen large gains this week after CEO Buettgen purchased 50,000 shares of the company.
    • Insider purchases can point to go things, but not always. Ruby Tuesday is expecting flat revenue, has low profit margins, a low current ratio, and isn’t effectively harnessing its market.
    • As the economy contracts, Ruby Tuesday will end up facing hard times. Investors would be wise to sell now while momentum is high.
  • Dillard's: A Break In Share Price Momentum Means More Downside Ahead
    Editors' Pick DDS Yesterday, 6:16 PM Alpha Gen Capital Comment!

    Summary

    • The shares have risen substantially from the 2008 lows but the company has not realized any revenue growth over that time period.
    • The company's earnings growth has largely come from margin expansion and share buybacks, both of which appear unsustainable.
    • The second quarter earnings recently released appear to have broken what was a momentum stock and will likely create a rush to the exits.
  • One Thing Is Odd
    AMZN Yesterday, 5:08 PM Paulo Santos 103 Comments

    Summary

    • The Fire Phone was celebrated by the analyst community when launched.
    • Like with so many other Amazon.com events, great estimates were awarded to the phone.
    • Yet, here we are, faced with hard data and the analysts are nowhere to be seen. Like with other instances, there seems to be something odd about it.
  • Cabela's May Not Be All That It Seems
    CAB Yesterday, 4:46 PM Dana Skold 5 Comments

    Summary

    • Cabela's consolidated sales results are solid.
    • However, Cabela's financial subsidiary has delivered most of the recent revenue growth and holds the greatest financial liabilities.
    • Cabela's has produced some concerning recent earnings per share results.
  • Is It Time To Invest In Extended Stay America?
    STAY Yesterday, 4:16 PM Lavish Investor Comment!

    Summary

    • STAY is a hotel company that specializes in longer term stays.
    • As economy improves, consumer discretionary and vacation spending could increase.
    • Increased mobility expected by employers can lead to more revenue for extended stay hotels.