Cirrus Logic ($CRUS) Stacks Another Brick In The Turnaround Wall
Unfortunately, I am very skeptical of turnarounds, simply because so many don’t. Cirrus is still on my Watch List (and I still have a position in the company) but not sure if they will regain their status.
Cirrus Logic [stckqut]CRUS[/stckqut] has had a couple of tough years. Earnings and sales declined in fiscal 2014. This week, the maker of a vast array of audio chips reported that earnings dipped again during the fiscal year ended in March.
But during that year, Cirrus also turned a corner. Q4 earnings soared 61% vs. year-ago levels. That was 40% higher than analyst consensus views and up from a 9% gain in Q3 — its first profit increase in five quarters. Sales surged 71%, also stomping expectations in a second-straight quarter of sharp acceleration after four straight declines.
Source: Cirrus Logic Stacks Another Brick In The Turnaround Wall – Investors.com
Daily Confident Investor Indicator Analysis May 2, 2015
This information was calculated on May 02, 2015 and is based on the closing value of the most recent trading day which may not be today.
This information is based on the Yahoo Historical Pricing and is only as good or as current as that data Read More →
Deckers Outdoor Corp ($DECK) Cautious Buy or Hold to $73 Confident Investor Rating: Fair
| Company name | Deckers Outdoor Corp |
| Stock ticker | DECK |
| Live stock price | [stckqut]DECK[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Good |
| Sales growth | Fair |
| EPS growth | Fair |
| P/E growth | Fair |
| EBIT growth | Fair |
ANALYSIS
| Confident Investor Rating | Fair |
| Target stock price (TWCA growth scenario) | $76.87 |
| Target stock price (averages with growth) | $69.9 |
| Target stock price (averages with no growth) | $37.88 |
| Target stock price (manual assumptions) | $75.5 |
The following company description is from Google Finance: http://www.google.com/finance?q=deck
Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The Company markets its products under three brands: UGG, Teva, and Sanuk. The UGG brand provides a line of footwear, with product offerings to women, men and children. Teva is its active lifestyle brand. The Teva product line includes casual sandals, shoes, boots and amphibious footwear. Sanuk is lifestyle footwear brand. The Sanuk brand is known for the SIDEWALK SURFERS shoe. Other primary offerings include the Beer Cozy and Yoga Mat sandal collections made from yoga mat material. In addition to its primary brands, the Company’s other brands include TSUBO, a line of mid and high-end dress and dress casual footwear; Ahnu, a line of outdoor performance and lifestyle footwear; MOZO, a line of footwear crafted for culinary professionals; Hoka, a line of footwear for all capacities of runners.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Deckers Outdoor Corp as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I am leaving the company on my Watch List but may take it off in the future if performance doesn’t improve.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Deckers Outdoor Corp calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $74.26
- Growth: 0.11
- Current EPS (TTM): $4.51
- P/E: 16
- Future EPS Calc: $7.59
- Future Stock Price Calc: $121.59
- Target stock price: $75.5
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I hope that this makes you a Confident Investor.
Daniel Loeb’s Third Point builds big stake in $YUM
Daniel Loeb’s Third Point LLC has built a “significant” position in KFC and Pizza Hut parent Yum Brands Inc., expressing optimism about its business in China.
Loeb, in his quarterly letter to his investors, disclosed the position Friday and said he sees a “dramatic profit recovery” coming in the next two years, while also crediting management for saying the right things about shareholder value.
Source: Daniel Loeb’s Third Point builds big stake in KFC, Pizza Hut – MarketWatch