NEW YORK, March 28, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on AOL Inc, Deckers Outdoor Corp, Yum! Brands.
Meanwhile Anthony DiClemente of Barclays Capital has raised his rating on AOL, Inc.(NYSE:AOL) shares to Overweight from Equal Weight, and also raised his price target to $44 from $38, citing likelihood of EBIDTA going higher with even modest revenue growth thanks to AOL’s cost cutting measures.
Is AOLa Strong After yesterday’s Pop Up? Find Out Here http://bestdarnpennystocks.com/landing/home-aw.php?code=AOL (OR Just copy and paste the link)
DiClemente is estimating gross revenue of $2.27 billion, Ebitda of $440.6 million, and EPS of $1.60 this year, against Street forecast of $2.26 billion, $425 million, and $1.60 per share respectively. He says that AOL is offsetting the decline of its old dial-up subscriber basewithinvestmentsin its media properties, and that this will increase Ebitda.
DiClemente also likes the intentions for share buybacks and says: “AOL returned $1.1 billion of cash to shareholders in 2012 using the proceeds of its patent sale and the remaining $40 million authorization on its buyback program. On its 4Q12 earnings call, AOL announced that it had approved another $100 million repurchase program, which we believe the company intends to return in 2013. Given that in its 10-K the company does not expect the ASR to be completed until 2Q13, we believe the vast majority of the $100 buyback will have to be completed in the second half of 2013, providing a bid for AOL shares in the market and thus potentially creating a catalyst for shares. AOL has proven its commitment to capital returns, reducing its share count nearly
30% in the last 3 years, and we believe the company remains committed to doing so in the future.”
The stock climbed $3.03, over 8.4%, to $39.20.
Deckers Outdoor Corp (NASDAQ:DECK) shares increased 6.58% to $55.97. Jefferies Group boosted their price target on shares of Deckers Outdoor to $100.00 in a research note issued today. Separately, DECK’s stock had its price target raised by Janney Montgomery Scott from $50.00 to $60.00 in a research report sent to investors on Mar. 25. The firm currently has a buy rating on the stock.
Is DECK a Solid Buy After today’s Gap Up? Get Free Trend Analysis Here http://bestdarnpennystocks.com/landing/home-aw.php?code=DECK (OR Just copy and paste the link)
Moreover, The Street reiterated its hold rating for CHK with a score of C- due to the company’s deteriorating net income, disappointing return on equity, and weak operating cash flow.
Yum! Brands, Inc.(NYSE:YUM) shares climbed 0.62% to $71.76. Morgan Stanley reissued their overweight rating on shares of Yum! Brands in a report released on Mar. 25. Morgan Stanley currently has a $80.00 target price on the stock, up from their previous target price of $67.00.
How Should Investors Trade YUM After The Recent Momentum? Find Out Here http://bestdarnpennystocks.com/landing/home-aw.php?code=YUM (OR Just copy and paste the link)
Additionally, the company, on March 25, had declared a dividend of $0.335 per share of common stock. The quarterly dividend will be distributed May 3 to shareholders of record at the close of business on April 12, 2013.
About bestdarnpennystocks.com
bestdarnpennystocks.com’s team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.
Disclaimer
The assembled information disseminated by bestdarnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. bestdarnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in bestdarnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.
Contacts:
bestdarnpennystocks.com
1419 Westwood Blvd Los Angeles, CA
90024-4911
[email protected]