stock trading programs


It was a beautiful day for Ulta Salon Cosmetics & Fragrance (ULTA), which surged to the top of the S&P 500 today thanks to its stellar earnings guidance.

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Ulta Salon Cosmetics & Fragrance jumped 11% to $266.14 today, even as the S&P 500 declined 0.3% to 2,132.55.

Ulta raised its third-quarter earnings forecast to $1.35 to $1.38, from $1.25 to $1.30. CFRA’sEfraim Levy offers his take:

We raise our 12-month target by $15 to $260. We increase our FY 17 (Jan.) EPS estimate by $0.17 to $6.38 and FY 18′s by $0.19 to $7.85. Our target equals 33X our FY 18 projection. We think a premium to its five-year average forward P/E of 31X is warranted by ULTA’s raised comparable-store and EPS growth guidance announced in conjunction with its analyst day. We see increased focus on e-commerce to drive online and in-store growth. Despite positive momentum, near our target price and with premium valuation, ULTA could be vulnerable to disappoint relative to high expectations.

stock trading programs: SPDR Wells Fargo Preferred Stock ETF (PSK)


Advisors’ Opinion:

  • [By Todd Shriber, ETF Professor]

    DWFI holds five other SSgA fixed income ETFs, including the SPDR Wells Fargo Preferred Stock ETF (NYSE: PSK). PSK is DWFI's largest holding at a weight of 25.2 percent. DWFI's second-largest holding is an allocation of almost 25 percent to the SPDR Nuveen Barclays Municipal Bond ETF (NYSE: TFI).

stock trading programs: G&K Services, Inc.(GK)


Advisors’ Opinion:

  • [By Ben Levisohn]

    Cintas (CTAS) soared to the top of the S&P 500 today after the uniform provider received the go-ahead for its purchase of G&K Services (GK).

  • [By Ben Levisohn]

    We maintain our positive view toward Cintas, particularly as G&K Services (GK) is likely to bolster Cintas’s growth potential over the next few years. However, after strong appreciation since the G&K announcement last August, we believe that much of the good news is already priced in at 25x/22x our pro-forma FY18/FY19 adjusted EPS estimates. As a result, we rate CTAS Sector Perform and await a better entry point.

stock trading programs: Safeway Inc.(SWY)


Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows shares of small cap SUPERVALU now underperforming large cap Kroger Co (NYSE: KR) while shares of large cap Whole Foods Market, Inc (NASDAQ: WFM) and mid cap Safeway Inc (NYSE: SWY) appear to be back to where they started at:

  • [By Peter Graham]

    A long term performance chart shows shares of SUPERVALU underperforming the underperformance ofmid caps Whole Foods Market, Inc (NASDAQ: WFM) and Safeway Inc (NYSE: SWY). while large capKroger Co (NYSE: KR)had outperformed up until the last two years when performance has been more mixed:

stock trading programs: URS Corporation(URS)


Advisors’ Opinion:

  • [By Ben Levisohn]

    Fidelty’s John Mirshekaritook a look at URS(URS) today at the Value Investing Congress.His takeaway: The stock could double in two years.

    Agence France-Presse/Getty Images

    His analysis started with URS’s use of its free cash. During the past, it hasn’t been pretty. They spent 6.3 billion on eight acquisitions, they’ve bought companies at valuations higher than own stock and return-on-equity has dropped from high teens to just 6%.


    The problem hasn’t been its business: Its return on tangible capital is 17%. Instead, the problem is that its management hasn’t maximized value through capital allocation. URS has lowest valuation: 9x 2013 cash earnings in its industry.

    Part of the problem: Management incentives are based on net income. This year, however, relative total shareholder return was added., something Mirshekari calls”a step in the right direction.” In May, URS filed an amended proxy which says it will look to change incentives from net income to return on equity and earnings per share. More importantly, it said acquisitions would end.

    If all goes right, URS could double in two years,Mirshekari says, comparing it to AECOM Technology (ACM).

    Looks a lot like AECOMM, which did something similar and rallied.

  • [By Ian Wyatt, Publisher & Chief Investment Strategist, Wyatt Investment Research]

    Fund manager John Mirshekari, of the Fidelity Low-Priced Stock Fund, recommended shares of URS (URS), an engineering and construction contractor.

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