Jump Report
| Avg Daily Volume: 2,867,524 Market Cap: 10.18B Sector: Technology Short Interest: 4.02 |
EARNINGS EXPECTATIONS:
CONSENSUS EPS: .76/share REV: 506.46/M
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LAST QTR: EPS: 2.90/share ESTIMATED: 2.80/share (BEAT)
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NEXT QTR: EPS: .42/share REV: 418.3/M
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FY19: EPS: 4.78/share REV: 2,950/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 88% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) : -14.72, -6.96, 15.16
POTENTIAL JUMP MOVE: 12-15%
Links To Latest News and Headlines
Investment company Kaizen Financial Strategies (Current Portfolio) buys PIMCO Dynamic Income Fund, Applied Materials Inc, VanEck Vectors Semiconductor ETF, Salesforce.com Inc, Vanguard Total Stock Market ETF, sells Microsoft Corp, PIMCO Dynamic Credit & Mortgage Income Fund, iShares Russell 2000 ETF, Invesco Solar ETF, Take-Two Interactive Software Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Kaizen Financial Strategies.
Southfield, MI, based Investment company Deroy & Devereaux Private Investment Counsel Inc (Current Portfolio) buys Hasbro Inc, ALLETE Inc, Six Flags Entertainment Corp, Medtronic PLC, Sonos Inc, sells SeaWorld Entertainment Inc, Alaska Air Group Inc, Brinker International Inc, Ubisoft Entertainment, Penske Automotive Group Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Deroy & Devereaux Private Investment Counsel Inc.
Investment company Arbor Wealth Management, LLC (Current Portfolio) buys Wells Fargo, Activision Blizzard Inc, Amcor PLC, Consolidated Edison Inc, Take-Two Interactive Software Inc, sells Altice USA Inc, Putnam Premier Income Trust, Unity Biotechnology Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Arbor Wealth Management, LLC.
A couple of good places to invest $5,000 today include Hologic (NASDAQ: HOLX) and Take-Two Interactive (NASDAQ: TTWO). Medical device and diagnostics maker Hologic has been generating significant revenue growth from its COVID-19 tests.
Microsoft’s (NASDAQ: MSFT) recent $69 billion bid to buy Activision Blizzard (NASDAQ: ATVI) highlights the value behind the companies that make video games. With big tech increasingly talking up the metaverse opportunity, companies with talented software engineers are going to be in high demand, and are naturally in the best position to capitalize on the development of these virtual worlds. Of course, Activision shareholders are probably wondering where to invest next.
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
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ANALYSIS:
StockJumpers trajectory analysis reveals a drop in price post release on soft investor sentiment. Consensus has earnings at .76/share on bookings of 512 million. They may not meet that or if they do, we don’t see them beating by much. Though competitor EA which just reported a beat and the stock went up post release we are not seeing that here.
We are overall SHORT on the event.
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TRADE PLAN:
ENTRY: SELL
STOP LOSS: 5%
TAKE PROFIT: 9%
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UPDATE: We remain biased short on this trade. The stock is down almost 4% from open so the concern is the move may be priced in. Factor that in your decision to trade it.
POST RELEASE ACTION: Trading was halted prior to the release as they printed much lower expectations. The stock dropped 7% – and then back up to near close level. We grabbed a quick profit and are short again with a belief it will resume dropping in the am.
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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.