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ZAGG

ZAGG INCORPORATED

5/21/2013, 8:13 AM ET

Quote & Headlines Market Currents StockTalk

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Friday, May 3, 9:10 AM Premarket gainers: PKT +32%. YRCW +27%. INVN +18%. YY +8%. DDD +5%.
Losers: VCRA -35%. ZAGG -24%. GUID -23%. CHE -16%. ARNA -13%. CETV -13%. HMY -9%. LNKD -9%. AGNC -6%. RBS -6%. 3 Comments [On the Move]
Friday, May 3, 8:03 AM A massive miss by Zagg (ZAGG) on both lines of its Q1 report (I, II) to go along with a cut in guidance isn't going over well with investors as shares tumble -22.1% premarket. On a conference call, execs blamed the poor guidance on the delay by Apple in releasing new devices launches. Naturally, a few after-the-fact downgrades on Zagg are piling in. (I, II) Comment! [Consumer]
Thursday, May 2, 6:10 PM After-hours top gainers, as of 5:15 p.m.: PKT +23%. BCOR +12%. INVN +8%. FORM +7%. FLT +6%.
After-hours top losers: ZAGG -26%. VCRA -26%. GUID -20%. ARNA -15%. BRKR -11%. Comment! [On the Move]
Thursday, May 2, 4:48 PM Zagg (ZAGG) has resumed trading after missing Q1 estimates and cutting guidance, and it's not pretty. Shares -24% AH to a new 52-week low of $5.11. The mobile accessory maker now expects 2013 revenue of $274M-$280M, far below a prior range of $313M-$318M and a consensus of $315.8M. 2013 adjusted EBITDA is now expected to total $55M-$57M, down from a prior $69M-$71M. Q1 gross margin was 37%, down from Q1 2012's 49% thanks to a mix shift away from high-margin invisibleSHIELD screen protectors. (PR) 4 Comments [Consumer, Earnings, On the Move]
Thursday, May 2, 4:09 PM Zagg (ZAGG): Q1 EPS of $0.11 misses by $0.10. Revenue of $51.7M (-7% Y/Y) misses by $15M. The company cuts FY13 sales and profit guidance. Shares are halted in after-hours trading. (PR) 1 Comment [Consumer, Breaking News, On the Move]
Wednesday, February 27, 8:23 AM Zagg (ZAGG) trades 6.5% higher in premarket action after the company's guidance for FY13 surprised to the upside. By appearances, Zagg has made some key moves to lower its debt load to help boost profitability. The stock is on watch for extra volatility today with the name a favored target of short sellers. Comment! [Consumer, On the Move]
Tuesday, February 26, 5:51 PM After-hours top gainers, as of 5:15 p.m.: GWRE +9%. BGFV +8%. UVXY +5%. ZAGG +5%. TVIX +4%.
After-hours top losers: FSLR -10%. AH -10%. MERU -9%. QCOR -6%. SPWR -5%. 3 Comments [On the Move]
Tuesday, February 26, 4:11 PM Zagg (ZAGG): Q3 EPS of $0.37 beats by $0.08. Revenue of $87.5M (+30% Y/Y) beats by $3.9M. Guidance for 2013 is set at $313M to $318M for revenue and adjusted EBITDA of $69M to $71M. Shares +6.8% AH. (PR) 2 Comments [Consumer, Breaking News, On the Move, Earnings]
Tuesday, February 26, 12:10 AM Notable earnings after Tuesday’s close: AVGO, AWK, DGI, DWA, EIX, FSLR, GA, GPOR, GWRE, HRZN, JAZZ, MAKO, MIDD, NUVA, ORA, PCLN, QCOR, RENN, REXX, RRC, SPN, STEC, TIVO, VNO, VRSK, ZAGG Comment! [Earnings]
Monday, February 25, 5:35 PM Notable earnings after Tuesday’s close: AVGO, AWK, DGI, DWA, EIX, FSLR, GA, GPOR, GWRE, HRZN, JAZZ, MAKO, MIDD, NUVA, ORA, PCLN, QCOR, RENN, REXX, RRC, SPN, STEC, TIVO, VNO, VRSK, ZAGG Comment! [Earnings]
Thursday, December 20, 2012, 6:59 AM Zagg (ZAGG) plans to showcase more than 100 new products at the CES electronics show this year. The company continues to branch out from its core products with new gaming accessories and kid toys on tap. Despite a bullish vibe from Wall Street on Zagg, shares are still under a bit of pressure from lingering class action lawsuits. 4 Comments [Consumer]
Thursday, December 13, 2012, 12:45 PM Midday top 10 gainers: ONCY +51%. TELK +23%. PRGN +21%. GBR +17%. SDBT +16%. SAM +15%. BBY +15%. CLWR +14%. ZAGG +14%. TROV +13%.
Midday top 10 Losers: RIGL -35%. EVI -31%. HRG -26%. PTIE -19%. CBMX -18%. OSN -15%. MEIP -13%. DQ -12%. CSUN -12%. ALLT -11%. Comment! [On the Move]
Thursday, December 13, 2012, 9:30 AM Zagg (ZAGG +2.5%) approves a $10M buyback program. Shares will be purchased over the next twelve months at the company's discretion. 1 Comment [Consumer]
Monday, November 26, 2012, 2:47 PM Zagg (ZAGG +7.3%) trades higher following the weekend retail rush. After short interest in the consumer electronics concern cooled off a bit over the summer, this fall it headed back higher to again represent more than a quarter of all outstanding shares. But Zagg does have an entrenched bull camp, five of six Wall Street analysts covering it rate the stock a Buy with an average price target sitting at a lush $14.92. 3 Comments [Consumer]
Thursday, November 1, 2012, 4:14 PM Zagg (ZAGG): Q3 EPS of $0.26 beats by $0.10. Revenue of $59.8M (+30.3% Y/Y) misses by $1M. Shares +5.8% AH. (PR) 6 Comments [Earnings, On the Move]
Thursday, October 25, 2012, 2:47 PM Shares of Zagg (ZAGG +3.2%) move higher with Apple's FQ4 earnings report slated to be released after the market closes. The more iPods, iPhones, and iPads that Apple sells, the larger Zagg's target audience will become. 1 Comment [On the Move, Consumer]