On Monday, top department store stocks including Macy’s (NYSE:M), Kohl’s (NYSE:KSS), Dillard’s (NYSE:DDS), and J.C. Penney (NYSE:JCP) lost roughly 3% to 4%. The catalyst was a negative analyst report.
Paul Trussell of Deutsche Bank told clients that department stores’ comp sales results probably cooled off in the first quarter. Furthermore, he doesn’t see much upside left for department store stocks after most stocks in the sector — with the notable exception of J.C. Penney — rose sharply in the first four months of 2018.
Department Store Stocks Year-to-Date Performancee. Data by YCharts.
Trussell is right to point out that unfavorable weather may have hurt department stores during the first quarter. That said, the outlook for the rest of the year is solid — and 2019 could be even better. Furthermore, shares of Macy’s, Kohl’s, Dillard’s, and J.C. Penney still look quite cheap.
Top Cheap Stocks To Own Right Now: Rent-A-Center Inc.(RCII)
- [By Ethan Ryder]
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- [By Shane Hupp]
An issue of Rent-A-Center Inc (NASDAQ:RCII) bonds fell 1% against their face value during trading on Thursday. The high-yield issue of debt has a 6.625% coupon and will mature on November 15, 2020. The debt is now trading at $99.07 and was trading at $100.50 one week ago. Price moves in a company’s bonds in credit markets often predict parallel moves in its stock price.
- [By Max Byerly]
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- [By ]
Engaged Capital maintained large positions in Rent-A-Center (RCII) , TiVo (TIVO) , Hain Celestial (HAIN) , SunOpta and Jamba Inc. (JMBA) , all companies that have either previously been targeted by Welling or currently are in his cross-hairs.
- [By Chris Lange]
Rent-A-Center Inc. (NASDAQ: RCII) shares made an incredible gain on Monday after the company announced that it would be taken private by Vintage Rodeo Parent, an affiliate of Vintage Capital Management.
Top Cheap Stocks To Own Right Now: Express-1 Expedited Solutions Inc.(XPO)
- [By ]
Daseke (DSKE) : “I’m going to send you to XPO Logistics (XPO) . That’s the one you want to be in.”
Portola Pharmaceuticals (PTLA) : “The news is already in this story. I’d rather be in something better.”
- [By Matthew Frankel, Neha Chamaria, and Matthew DiLallo]
While there’s no way to know for sure which stocks will become the next Amazon, three of our contributors think BofI Holding (NASDAQ:BOFI), XPO Logistics (NYSE:XPO), and iQiyi (NASDAQ:IQ) have pretty good chances.
- [By Daniel Miller]
Unfortunately, there’s no crystal ball for investors to see into the future — otherwise investing would be so much easier. Predicting how businesses and trends will play out over the coming years can be difficult, but Activision Blizzard (NASDAQ:ATVI) and XPO Logistics (NYSE:XPO) seem well-positioned to thrive over the next decade. One is benefiting from a rise in esports, the other from ever-increasing e-commerce deliveries.
Top Cheap Stocks To Own Right Now: Compass Minerals Intl Inc(CMP)
- [By Ethan Ryder]
Compass Minerals International (NYSE:CMP) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.
Top Cheap Stocks To Own Right Now: Wendy’s/Arby’s Group Inc.(WEN)
- [By Joseph Griffin]
Hsbc Holdings PLC lowered its position in shares of Wendys Co (NASDAQ:WEN) by 91.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,590 shares of the restaurant operator’s stock after selling 299,154 shares during the quarter. Hsbc Holdings PLC’s holdings in Wendys were worth $484,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Stephan Byrd]
Cannae (NYSE: CNNE) and Wendys (NASDAQ:WEN) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, valuation, profitability, dividends, risk and analyst recommendations.
- [By Stephan Byrd]
Wendys (NASDAQ: WEN) and Empire Resorts (NASDAQ:NYNY) are both retail/wholesale companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.
- [By Jeremy Bowman]
The chart below shows how McDonald’s compares with some of its closest peers based on its valuation and expected growth rate.
Company P/E Ratio 2-Year Expected EPS Growth Rate
McDonald’s (NYSE:MCD) 26.2 23.6%
Starbucks (NASDAQ:SBUX) 26.2 27.3%
Wendy’s (NASDAQ:WEN) 21.8 58.1%
Restaurant Brands International(NYSE:QSR) 21.4 41.9%
Yum! Brands(NYSE:YUM) 23.2 29.7%
Data source: Yahoo! Finance. EPS = earnings per share.
- [By Leo Sun]
However, the fast casual market became increasingly crowded with rival chains like Panera Bread and Chipotle, and Zoe’s got squeezed between traditional dine-in restaurants like Darden’s Olive Garden and evolving fast food players like Wendy’s (NASDAQ:WEN) and McDonald’s (NYSE:MCD).