Top 10 Casino Companies To Buy Right Now

Top 10 Casino Companies To Buy Right Now: Urban Outfitters Inc.(URBN)

Advisors' Opinion:

• [By Ben Levisohn]

  UBS analyst Michael Binetti and team warn investors not to get too excited about Urban Outfitters’ (URBN) same-store-sales surprise:

  Reuters

  1Q SSS Trending +LSDbut Noisy; Raising Our 1Q SSS Estimate Slightly: We’re raising our 1Q SSS to flat from -1% previously. In its FY16 (Jan-16 end) 10K filing on 3/31,Urban Outfitters reported its 1Q17 (Jan-17 end) SSS are trending +LSD. We believe trends are at the low end of +LSD (likely +1%)and we estimate that the Feb+Mar period gets a +1-1.5pp lift from an extra day vs LY (Unlike most other specialty retailers that report 4-5-4 week quarters,Urban Outfitters is based on a true calendar monthso Leap Yr is incremental). On our math,Urban Outfitters’ underlying trend is likely close to flat in Feb+Mar. April should be a lower volume month in the qtr, but visibility into April trends for the industry is low. An Easter shift into March (vs Easter in April last year) is a headwind to Apriland April weather could be unfavorable YOY (based on comments from our 3/29 weather expert conference call).That said, based on our conversation with the comp any we believe that compares should ease in the back half of April, which could offset other headwinds.

• [By Ben Levisohn]

  L Brands (LB) has risen 1.2% to $78.71 after getting up graded to Buy from Neutral at Goldman Sachs, while Urban Outfitters (URBN) has dropped 1.1% to $37.38 after Goldman cut it to Neutral from Buy.

• [By WWW.THESTREET.COM]

  Urban Outfitters (URBN) was downgraded to equal-weight from overweight at Morgan Stanley. The valuation is less attractive, based on a $39 price target, Morgan Stanley said. 

• [By Teresa Rivas]

  Although Urban Outfitters (URBN) gave up some of its earlier gains, Canaccord Genuity thinks the stock can ultimately rise more than 25%.

  An! alyst Laura Champine upgraded the stock to Buy from Hold, with a $48 price target. She writes that the market, which has sent the stock down 11% in the past two weeks, has been overacting to the companys announcement earlier this month that sales were trending mid-single-digit positive so far in the quarter. She sees the sales as indicative of sustained market share gains given the challenging apparel environment.

  E-commerce penetration of around one-quarter of total sales makes URBN the strongest public specialty apparel retailer online. We expect this channel to sustain rapid growth as management aspirations are at 50% penetration, she writes. Unit growth is above average. We project the store base growing at a five-year CAGR of 7% versus the average retailer we cover at +5%.

  Also part of her thesis: The fact that Urban is growing its consolidated store base at a compounded annual rate of 7% over the next five years, ahead of the average 5% for the other retailers in her coverage universe. Champine notes that the Anthropologie brand is in the midst of a turnaround as well, with same-store sales growing 9% in the second quarter.

• [By Peter Graham]

  "We previously suggested shares of Urban Outfitters Inc. (URBN) as a good long-term idea and although the stock hasn't performed to expectations yet, we still believe this is one of the better specialty retail plays that will benefit from any unexpected strength this Holiday Season.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-casino-companies-to-buy-right-now-7.html