JUMP REPORT
| Avg Daily Volume: 4,749,767 Market Cap: 2.4B Sector: None Short Interest: 15.36 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.33/share REV: 313.9/M
___________________________________________________________
LAST QTR: EPS: -.25/share ACTUAL: -.34/share (MISS)
____________________________________________________________
NEXT QTR: EPS: -.37/share REV: 300.3/M
______________________________________________________
FULL YR: EPS: -1.16/share REV: 1,400/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________
BEAT/MISS RECORD: 100% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 22.8, 37.03, -49.5
EXPECTED JUMP MOVE: 15-20%
——–
*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Farfetch Limited (FTCH) closed the most recent trading day at $7.45, moving -1.32% from the previous trading session.
Investors still seemed spooked after Federal Reserve Chairman Jerome Powell essentially told Wall Street that the central bank would continue to raise interest rates until inflation was brought to heel even if it meant rising unemployment and a recession. E-commerce stocks like Wayfair (NYSE: W), Farfetch (NYSE: FTCH), and Global-E Online (NASDAQ: GLBE) were on the decline today as the sector is exposed to rising rates in multiple ways. Finally, higher interest rates have also made the dollar stronger against international currencies, a challenge for global companies like Farfetch and Global-E Online, as dollar-denominated earnings for international companies are worth less when the dollar is strong.
Not everyone on Wall Street is upbeat about Farfetch new deal. On Monday, Citi Guido Lucarelli started coverage on the stock with a Sell rating. Although YNAP will add to its gross merchandise volume, based on its historical accounts, the analyst believes the impact on EBITDA—short for earnings before interest, taxes, depreciation, and amortization—could be less significant.
Meanwhile, Microsoft just raised its dividend by 9.7% this week, and the stock now yields over 1.1%, along with even more shareholder returns via share repurchases. Meanwhile, Microsoft’s Azure cloud infrastructure platform grew 40% last quarter, and appears to have many years of strong growth ahead of it; in fact, a recession might even accelerate cloud adoption among enterprises as they seek efficiencies. Microsoft actually has a higher bond rating than that of the U.S. government, with a Standard & Poor’s AAA rating.
A Gucci handbag for $250 instead of $2,000? The increasingly popular used-goods market is splitting the industry.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.