JUMP REPORT
| Avg Daily Volume: 520,951 Market Cap: 1.35B Sector: None Short Interest: 32.23 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .79/share REV: 462.0/M
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LAST QTR: EPS: .03/share ACTUAL: .14/share (BEAT)
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NEXT QTR: EPS: .85/share REV: 423.0/M
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FULL YR: EPS: 2.59/share REV: 1,670/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 65% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 19.43, -19.84, 19.63
POTENTIAL JUMP MOVE: 15-20%
Links To Latest News and Headlines
The Zacks Analyst Blog Highlights: Sleep Number, Winnebago Industries, Hibbett Sports, Sprouts Farmers Market and Monster Beverage
Pete Najarian shared with the viewers of CNBC’s “Fast Money” his bullish view on Sleep Number Corp (NASDAQ: SNBR). He said the CEO, Shelly Ibach, has done a magnificent job navigating this company for a number of years.The company has $200 million of free cash flow on a $2 billion market cap and it also has gross margins that are above 60%, said Najarian. He finds that impressive and he likes the fundamental side of the story.The revenue growth is about 12% and the earnings growth is about 13% and the company bought back just about 50% of its outstanding shares, said Najarian. He thinks management is doing everything right and he believes the stock is going higher.Sleep Number’s stock traded higher by 6.5% to $97.46 at publication time.See more from Benzinga * Click here for options trades from Benzinga * Cramer Advises Viewers On Halliburton, Churchill Capital Corp IV And More * Jeff Kilburg’s Crude Oil Futures Trade(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Here we discuss five top-ranked stocks – SFM, MNST, HIBB, SNBR, and WGO – that are lucrative bets as Americans adapt to an active lifestyle and look to commit to their new year resolutions in 2021.
Sleep Number (SNBR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
Zacks Industry Outlook Highlights: Leggett & Platt, Bassett Furniture, American Woodmark, La-Z-Boy and Sleep Number
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ANALYSIS:
StockJumpers preliminary trajectory analysis has this a potential miss on some of the metrics and the market reaction is negative. We will be working the studies until end of day.
We are biased short at this time.
UPDATE: we remain biased short going into the release.
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OUR TRADE PLAN:
ENTRY: SELL – end of day
STOP LOSS: NA
INITIAL PROFIT TARGET: 15%
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TRADE ASSIST: YES
POST RELEASE ACTION:
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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 striped down to only what it 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.
by Team Stockjumpers