Investment Analysts’ Updated EPS Estimates for February, 13th (AAOI, ADT, AEP, AVGO, BECN, CBAY, CBOE, COLD, DXC, DY)

Investment Analysts’ updated eps estimates for Tuesday, February 13th:

Applied Optoelectronics (NASDAQ:AAOI) had its in-line rating reiterated by analysts at Craig Hallum. They currently have a $32.00 target price on the stock, down from their previous target price of $42.00.

Morgan Stanley began coverage on shares of ADT (NYSE:ADT). Morgan Stanley issued an overweight rating and a $18.00 target price on the stock.

American Electric Power (NYSE:AEP) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “American Electric Power’s shares have lost wider than the industry it belongs to in last three months. American Electric operates in the spot market that faces the risk of volatile market prices, which in turn is likely to affect the company’s margins and revenues. Moreover, American Electric is exposed to environmental risks since its power plants produce large quantities of nitrogen, sulfur, mercury and carbon dioxide. However, American Electric’s continuous focus on augmenting earnings base has directed its capital expenditure toward regulated businesses. The company’s strong liquidity position enables it to reward shareholders via solid dividend payouts. Further, American Electric’s geographically-diversified operations have enabled it to outperform its broader industry over a year.”

Broadcom (NASDAQ:AVGO) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $264.00 target price on the stock. According to Zacks, “Broadcom is benefiting from strong demand of its wireless solutions and expanding product portfolio, which makes it well-positioned to address the needs of rapidly growing technologies like IoT and 5G. Broadcom has recently inked financing agreements with various institutions to fund Qualcomm’s proposed takeover. If completed, then this deal will make it the third-largest chipmaker, behind Intel and Samsung. The company also has strong ties with leading OEMs across multiple target markets that will help it to gain key insights into the requirements of customers. Moreover, the upcoming launch of the next generation WiFi products is expected to be a growth driver for the segment. However, customer concentration, intensifying competition, integration risks due to frequent acquisitions and leverage balance sheet are key headwinds.”

Beacon Roofing Supply (NASDAQ:BECN) had its outperform rating reaffirmed by analysts at Wedbush. They currently have a $52.00 target price on the stock, down from their previous target price of $70.00.

Evercore ISI initiated coverage on shares of CymaBay Therapeutics (NASDAQ:CBAY). The firm issued an outperform rating on the stock.

Cboe Global Markets (NASDAQ:CBOE) had its buy rating reissued by analysts at UBS Group AG. They currently have a $120.00 price target on the stock, down from their previous price target of $136.00.

SunTrust Banks, Inc. began coverage on shares of AmeriCold Realty Trust (NYSE:COLD). They issued a buy rating on the stock.

Royal Bank of Canada began coverage on shares of AmeriCold Realty Trust (NYSE:COLD). Royal Bank of Canada issued an outperform rating and a $22.00 target price on the stock.

AmeriCold Realty Trust (NYSE:COLD) had its buy rating reissued by analysts at Robert W. Baird. The firm currently has a $20.00 target price on the stock.

DXC Technology (NYSE:DXC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $109.00 price target on the stock. According to Zacks, “DXC Technology reported mixed third-quarter fiscal 2018 results, where in the bottom line surpassed the Zacks Consensus Estimate while the top line missed the same. The company’s upbeat guidance for earnings makes us optimistic about its near-term performance. DXC Technology is a result of merger between CSC and Enterprise Services Division of HPE. We believe that the merger has opened new avenues of growth for the combined company. Going ahead, following the footsteps of Computer Sciences, DXC Technology may be seen making strategic acquisitions to strengthen its portfolio, which should drive growth over the long run. Additionally, the company’s traction in the cloud and partnerships with HCL, AT&T, VMware and Microsoft are expected to drive growth, going forward. The stock has outperformed the industry in the last one year. Nonetheless, rising interest expenses due to increased debt burden may dampen its profitability.”

Dycom Industries (NYSE:DY) had its buy rating reiterated by analysts at Canaccord Genuity. Canaccord Genuity currently has a $125.00 target price on the stock, up from their previous target price of $110.00.

Dycom Industries (NYSE:DY) had its buy rating reissued by analysts at Craig Hallum. The firm currently has a $129.00 price target on the stock, up from their previous price target of $114.00.

CLSA assumed coverage on shares of Editas Medicine (NASDAQ:EDIT). The firm issued an underperform rating on the stock.

First Data (NYSE:FDC) had its buy rating reissued by analysts at BTIG Research. The analysts wrote, “Clover Statistics and Signs of Stabilization in Bank JVs While investors in shares of First Data Corporation (FDC) are likely still have a few worries following the company’s release of its 4Q17 report this morning – the continued weakness of its joint ventures with bank partners and the potential impact of rising interest rates given that about half of its significant debt load is LIBOR-based/floating-rate – they were given reasons for optimism after the stock tumbled by about 15% in a little less than three weeks.””

Fiserv (NASDAQ:FISV) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $154.00 price target on the stock. According to Zacks, “Fiserv reported strong fourth-quarter 2017 results. Both earnings and revenues grew on a year-over-year basis. The company is benefiting from an expanding customer base, robust product portfolio and higher recurring revenues. While product-oriented acquisitions are leading to a steady flow of customers, investment in digital-oriented technologies is improving competitiveness. Fiserv is witnessing an increase in the adoption of DNA as well as other digital banking solutions due to its improved architecture, flexible user interface and other digital capacities.  However, the company’s highly leveraged balance sheet continues to weigh on its profitability. Moreover, lower termination fees, EMV deferral and adverse foreign currency translations are negatively impacting the company’s sales. In the past one-year, shares have underperformed the industry it belongs to.”

Farmers & Merchants Bancorp (NASDAQ:FMAO) had its hold rating reissued by analysts at Boenning Scattergood.

General Dynamics (NYSE:GD) had its buy rating reiterated by analysts at Credit Suisse Group AG. Credit Suisse Group AG currently has a $262.00 target price on the stock, up from their previous target price of $259.00.

Henry Schein (NASDAQ:HSIC) had its hold rating reiterated by analysts at Leerink Swann.

HealthStream (NASDAQ:HSTM) had its outperform rating reiterated by analysts at William Blair.

Luminex (NASDAQ:LMNX) had its market perform rating reaffirmed by analysts at William Blair.

Mid-America Apartment Communities (NYSE:MAA) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Mid-America Apartment Communities — commonly referred as MAA — reported fourth-quarter 2017 funds from operations (FFO) of $1.50 per share, beating the Zacks Consensus Estimate of $1.48. This residential REIT’s quarterly results reflected growth in same-store property net operating income (NOI) and rise in average effective rent per unit for the same-store portfolio. However, elevated supply in a number of the company’s markets is anticipated to taper the company’s growth momentum in the near term. Intense competition from other housing alternatives limits the company’s ability to raise rents or increase occupancy. Also, hike in interest rate add to its woes. The company’s shares have underperformed the industry it belongs to in the past six months. Moreover, the stock has seen the Zacks Consensus Estimate for 2018 FFO per share being revised downward in a week’s time.”

M.D.C. (NYSE:MDC) was upgraded by analysts at Raymond James Financial, Inc. from a market perform rating to a buy rating. They currently have $35.00 target price on the stock.

Merck & Co., Inc. (NYSE:MRK) was upgraded by analysts at DZ Bank AG from a hold rating to a buy rating.

Howard Weil assumed coverage on shares of Ninetowns Internet Technlgy Grp (NASDAQ:NINE). Howard Weil issued a sector perform rating and a $29.00 price target on the stock.

Annaly Capital Management (NYSE:NLY) was upgraded by analysts at Compass Point from a sell rating to a neutral rating.

Ascendiant Capital Markets initiated coverage on shares of Novus Therapeutics (NASDAQ:NVUS). Ascendiant Capital Markets issued a buy rating and a $7.00 price target on the stock.

PepsiCo (NASDAQ:PEP) had its hold rating reiterated by analysts at Jefferies Group LLC. Jefferies Group LLC currently has a $113.00 price target on the stock.

Regeneron Pharmaceuticals (NASDAQ:REGN) had its hold rating reiterated by analysts at BTIG Research.

Ramco-Gershenson Properties Trust (NYSE:RPT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Ramco-Gershenson Properties Trust is engaged in the business of owning, developing, acquiring, managing and leasing community shopping centers, regional malls and single tenant retail properties, nationally. “

Steven Madden (NASDAQ:SHOO) had its buy rating reiterated by analysts at Canaccord Genuity.

Barclays PLC started coverage on shares of Smiths Group (OTCMKTS:SMGZY). Barclays PLC issued an overweight rating on the stock.

Total (NYSE:TOT) was upgraded by analysts at Raymond James Financial, Inc. from an outperform rating to a strong-buy rating.

Unum Group (NYSE:UNM) was upgraded by analysts at B. Riley from a neutral rating to a buy rating. B. Riley currently has $58.00 price target on the stock.

Validus (NYSE:VR) was downgraded by analysts at Buckingham Research from a buy rating to a neutral rating.

Receive News & Ratings for Applied Optoelectronics Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Optoelectronics Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply