Stock Estimates watch:Signature Bank (NASDAQ:SBNY)

The shares of Signature Bank (NASDAQ:SBNY) currently has mean rating of 1.89 while 6 analysts have recommended the shares as “BUY”, 8 recommended as “OUTPERFORM” and 4 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 295.40 million by 14 analysts. The means estimate of sales for the year ending Dec-16 is 1.21 billion by 16 analysts.

The mean price target for the shares of Signature Bank (NASDAQ:SBNY) is at 161.41 while the highest price target suggested by the analysts is 175.00 and low price target is 146.00. The mean price target is calculated keeping in view the consensus of 17 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Signature Bank (NASDAQ:SBNY) stands at 1.97 while the EPS for the current year is fixed at 8.20 by 18 analysts.

The next one year’s EPS estimate is set at 9.46 by 18 analysts while a year ago the analysts suggested the company’s EPS at 8.20. The analysts also projected the company’s long-term growth at 13.35% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Signature Bank (NASDAQ:SBNY) reported earnings of $1.95. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 1.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 11, 2016 Signature Bank (SBNY) announced the appointment of two private client banking teams, one to be based from the Bank’s office at 485 Madison Avenue in New York City; the other in Greenwich, Conn.

Jason Birnbaum was named Group Director and Senior Vice President, Meredith Epstein was appointed to the role of Associate Group Director and Vice President and Vincent Pensato will serve as Senior Client Associate. This team, which will call the Bank’s Madison Avenue office home, joins from First Republic Bank, where all three members worked together for several years.

Birnbaum brings nearly 20 years of financial services experience to his new role; 10 of which were spent at First Republic Bank. Most recently, he served as Senior Managing Director – Private Banking and Lending, specializing in catering to clients engaged in the private equity and hedge fund arenas as well as those in real estate. Previously, he was a Vice President at JPMorgan Chase in New York City.

Epstein spent six years at First Republic as a Senior Preferred Banker, where she primarily handled business development and client research and analyses.

Pensato was most recently an Associate – Relationship Management, where he handled account management, overseeing client relationships as well as mortgage underwriting and sales.

Additionally, a five-member team joins Signature Bank’s Greenwich private client banking office from Citibank, N.A.’s commercial banking group. The team is led by newly appointed Group Director and Senior Vice President Jonathan DeMarco.

Armand Frusciante, Andrea Lawson and Eduardo Missura were each named Group Director and Senior Vice President, and the team will be supported by Louisa Morrone, who will serve as Senior Client Associate.

DeMarco spent nearly 13 years at Citibank, most recently serving as Middle Market Director and Senior Vice President, during which time he managed a team of several relationship managers. Earlier, he spent approximately five years as the Northeast Region Director of Business and Middle Market Banking, overseeing Hudson Valley and Connecticut.

Frusciante, with 16 years of banking expertise, spent the past five years as Senior Vice President and Relationship Manager in commercial banking, during which time he was responsible for business development throughout Connecticut.

Stock Estimates Record: Barnes & Noble Education Inc (NYSE:BNED)

The shares of Barnes & Noble Education Inc (NYSE:BNED) currently has mean rating of 2.50 while Zero analysts have recommended the shares as “BUY”, 1 recommended as “OUTPERFORM” and 1 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Apr-16 is 284.43 million by 2 analysts. The means estimate of sales for the year ending Apr-16 is 1.80 million by 2 analysts.

The mean price target for the shares of Barnes & Noble Education Inc (NYSE:BNED) is at 15.50 while the highest price target suggested by the analysts is 20.00 and low price target is 11.00. The mean price target is calculated keeping in view the consensus of 2 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Barnes & Noble Education Inc (NYSE:BNED) stands at -0.06 while the EPS for the current year is fixed at -0.06 by 1 analysts.

The next one year’s EPS estimate is set at 0.40 by 2 analysts while a year ago the analysts suggested the company’s EPS at -0.06. The analysts also projected the company’s long-term growth at 20.00% for the upcoming five years.

In its latest quarter ended on 31st Jan 2016, Barnes & Noble Education Inc (NYSE:BNED) reported earnings of -$0.07. The posted earnings missed the analyst’s consensus by -$0.18 with the surprise factor of -163.60%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 23, 2016 Barnes & Noble Education Inc (BNED) announced it has completed the acquisition of the assets of Promoversity, a custom merchandise supplier and e-commerce storefront solution serving the collegiate bookstore business and its customers. The acquisition of Promoversity will enable Barnes & Noble College, a division of Barnes & Noble Education, to customize its e-commerce offerings and drive on-campus apparel sales with numerous constituent shopping groups.

Promoversity will become a wholly owned subsidiary of Barnes & Noble College, and continue to operate independently under the leadership of Doug Murphy who, along with the existing management team, will manage the company’s day-to-day operations and support all of its customers.

Barnes & Noble College will broaden its selection of customized merchandise available in the campus bookstore today. By leveraging Promoversity’s established supply chain, in-house printing capabilities and ability to fulfill orders quickly and on an individual basis, Barnes & Noble College will expand its assortment offerings both in store and on its multiple e-commerce platforms.

“Through our close partnerships with more than 740 campuses nationwide, we learned that alumni and fans were seeking a more streamlined athletic-only approach to making athletic and collegiate purchases,” said Joel Friedman, Vice President and Chief Merchandising Officer, Barnes & Noble College. “By acquiring Promoversity, we’re building upon our localized campus solutions and creating more enjoyable, convenient shopping experiences while also streamlining production on the back end. We know that school spirit runs deep, and this is the newest way Barnes & Noble College is able to offer a huge variety of high-quality, premium merchandise to students, alumni and families online.”

Customers will be able to seamlessly shop the large variety of merchandise on bookstore websites and pick up purchases in store or have them conveniently delivered right to their front door. Also at its bookstore locations, Barnes & Noble College will promote Promoversity’s web-based platform to allow constituent groups on campus to create and execute custom, scalable fundraising campaigns via the purchase of school products.

Stock Earnings Estimates Under Consideration:ACCO Brands Corporation (NYSE:ACCO)

The shares of ACCO Brands Corporation (NYSE:ACCO) currently has mean rating of 2.25 while 1 analysts have recommended the shares as “BUY”, 1 recommended as “OUTPERFORM” and 2 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 390.75 million by 4 analysts. The means estimate of sales for the year ending Dec-16 is 1.52 billion by 4 analysts.

The mean price target for the shares of ACCO Brands Corporation (NYSE:ACCO) is at 11.33 while the highest price target suggested by the analysts is 13.00 and low price target is 10.00. The mean price target is calculated keeping in view the consensus of 3 brokerage firms.

The average estimate of EPS for the current fiscal quarter for ACCO Brands Corporation (NYSE:ACCO) stands at 0.23 while the EPS for the current year is fixed at 0.82 by 4 analysts.

The next one year’s EPS estimate is set at 0.87 by 4 analysts while a year ago the analysts suggested the company’s EPS at 0.82. The analysts also projected the company’s long-term growth at 10.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, ACCO Brands Corporation (NYSE:ACCO) reported earnings of -$0.01. The posted earnings topped the analyst’s consensus by $0.04 with the surprise factor of 80.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 22, 2016 ACCO Brands Corporation (ACCO) announced two SmartFit® Laptop Risers designed to improve user productivity and comfort levels at the desktop. Kensington’s SmartFit Laptop Riser and award-winning SmartFit Laptop Riser with Wireless Phone Charging Pad allow users to find their personal laptop height setting for optimal comfort to reduce neck and back strain while working. The riser with Wireless Phone Charging Pad simplifies the process of charging a smart phone by eliminating the need for any cable. Kensington will showcase the laptop risers and more products at 2016 CE Week in New York, June 22 and 23, booth #204 in the Metropolitan Pavilion.

“We’ve quite literally raised the bar on ergonomic business solutions with the introduction of our two new SmartFit Laptop Risers,” said Ada Yang, senior global product manager, Kensington. “Whether they work at home, in an office, or on the road, a wide range of laptop users will be able to tap into higher levels of comfort and productivity when they employ these new products.”

With more than 20 years of expertise creating ergonomic solutions to increase productivity, Kensington’s patented SmartFit System demystifies ergonomics, making it easy for users to install and customize their workspace with accessories that fit their ergonomic comfort requirements. The company developed SmartFit using U.S. Army research that found a direct correlation between the size of hand and body measurements. Every SmartFit product includes a hand chart in the box, helping each user find the correct SmartFit color setting that will deliver optimum ergonomic comfort.

Stock in Action: Generac Holdings Inc. (NYSE:GNRC)

The shares of Generac Holdings Inc. (NYSE:GNRC) currently has mean rating of 2.30 while 3 analysts have recommended the shares as “BUY”, 1 recommended as “OUTPERFORM” and 6 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 355.34 million by 9 analysts. The means estimate of sales for the year ending Dec-16 is 1.46 million by 10 analysts.

The mean price target for the shares of Generac Holdings Inc. (NYSE:GNRC) is at 39.17 while the highest price target suggested by the analysts is 42.00 and low price target is 35.00. The mean price target is calculated keeping in view the consensus of 6 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Generac Holdings Inc. (NYSE:GNRC) stands at 0.62 while the EPS for the current year is fixed at 3.04 by 9 analysts.

The next one year’s EPS estimate is set at 3.29 by 9 analysts while a year ago the analysts suggested the company’s EPS at 3.04. The analysts also projected the company’s long-term growth at 9.67% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Generac Holdings Inc. (NYSE:GNRC) reported earnings of $0.42. The posted earnings topped the analyst’s consensus by $0.46 with the surprise factor of 9.50%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Generac Holdings Inc. designs, manufactures, and markets power generation equipment and other engine powered products for the residential, light commercial, industrial, oil and gas, and construction markets in the United States, Canada, and internationally. It offers engines, alternators, transfer switches, and other components fueled by natural gas, liquid propane, gasoline, diesel, and bi-fuel. The company provides residential automatic standby generators ranging in output from 6kW to 60kW; air-cooled engine residential standby generators ranging from 6kW to 20kW; and liquid-cooled engine generators with outputs ranging from 22kW to 60kW, as well as industrial diesel generators ranging in sizes up to 3,250kW. It also offers various portable generators ranging in size from 800W to 17,500W; engine driven power washers; and cellular-based remote monitoring system for home standby generators. In addition, the company provides light towers, mobile generators, and flameless heaters; light-commercial standby generators ranging from 22kW to 150kW and related transfer switches providing three-phase power small and mid-sized businesses; and industrial generators ranging in output from 10kW up to 3,250kW, which are primarily used as emergency backup for large healthcare, telecom, datacom, commercial office, municipal, and manufacturing customers. Further, the company sells aftermarket service parts to dealers, and proprietary engines to third-party original equipment manufacturers. The company distributes its products through various channels, including independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce merchants, electrical and HVAC wholesalers, catalogs, equipment rental companies, and equipment dealers, as well as directly to end users under the Generac, Magnum, Ottomotores, Tower Light, Powermate, Dewalt, and Honeywell brands. The company was founded in 1959 and is headquartered in Waukesha, Wisconsin.

Analyst’s Review to Watch: Leggett & Platt, Incorporated (LEG)

The shares of Leggett & Platt, Inc. (NYSE:LEG) currently has mean rating of 2.86 while Zero analysts have recommended the shares as “BUY”, 1 recommended as “OUTPERFORM” and 6 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 1.01 billion by 6 analysts. The means estimate of sales for the year ending Dec-16 is 4.00 billion by 6 analysts.

The mean price target for the shares of Leggett & Platt, Inc. (NYSE:LEG) is at 50.25 while the highest price target suggested by the analysts is 51.00 and low price target is 50.00. The mean price target is calculated keeping in view the consensus of 4 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Leggett & Platt, Inc. (NYSE:LEG) stands at 0.61 while the EPS for the current year is fixed at 2.51 by 7 analysts.

The next one year’s EPS estimate is set at 2.74 by 7 analysts while a year ago the analysts suggested the company’s EPS at 2.51. The analysts also projected the company’s long-term growth at 3.85% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Leggett & Platt, Inc. (NYSE:LEG) reported earnings of $0.55. The posted earnings topped the analyst’s consensus by $0.08 with the surprise factor of 14.50%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. The company operates through four segments: Residential Furnishings, Commercial Products, Industrial Materials, and Specialized Products. The Residential Furnishings segment offers innersprings, wire forms, and machines to shape wire; steel mechanisms and hardware, and springs and seat suspensions; and structural fabrics, carpet cushions, and geo components. It serves manufacturers of finished bedding and upholstered furniture; retailers and distributors of carpet cushions; and contractors, landscapers, road construction companies, and government agencies using geo components The Commercial Products segment provides bases, columns, back rests, casters, and frames for office chairs and control devices; private-label finished furniture; beds and bed frames; and adjustable beds. It serves office, institutional, and commercial furniture manufacturers; and mattress manufacturers and retailers. The Industrial Materials segment offers drawn wires, fabricated wire products, and steel rods. It serves bedding producers, mechanical spring manufacturers, and waste recyclers and waste removal businesses. The Specialized Products segment provides mechanical and pneumatic lumbar support and massage systems; seat suspension systems; automotive control cables; low voltage motors and actuators; titanium, nickel, and stainless steel tubing and sub-assemblies; quilting machines; industrial sewing/finishing machines; van interiors; and computer docking stations. It serves automobile seating manufacturers; aerospace suppliers and OEMs; bedding manufacturers; and telecommunication, cable, home service, and delivery companies. The company sells its products through sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.

Stock to Track: World Wrestling Entertainment, Inc. (NYSE:WWE)

The shares of World Wrestling Entertainment, Inc. (NYSE:WWE) currently has mean rating of 2.00 while 3 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 3 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 181.59 million by 7 analysts. The means estimate of sales for the year ending Dec-16 is 714.30 million by 9 analysts.

The mean price target for the shares of World Wrestling Entertainment, Inc. (NYSE:WWE) is at 21.22 while the highest price target suggested by the analysts is 25.11 and low price target is 7. The mean price target is calculated keeping in view the consensus of 10 brokerage firms.

The average estimate of EPS for the current fiscal quarter for World Wrestling Entertainment, Inc. (NYSE:WWE) stands at 0.01 while the EPS for the current year is fixed at 0.46 by 8 analysts.

The next one year’s EPS estimate is set at 0.61 by 7 analysts while a year ago the analysts suggested the company’s EPS at 0.46. The analysts also projected the company’s long-term growth at 20.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, World Wrestling Entertainment, Inc. (NYSE:WWE) reported earnings of $0.10. The posted earnings topped the analyst’s consensus by $0.08 with the surprise factor of 80.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, and WWE Studios segments. It operates WWE Network, a live streaming network that offers pay-per-view events, original programming, and video-on-demand library; and produces television programming, reality shows, and other programming, as well as produces content via home entertainment platforms, including DVD, Blu-Ray, subscription, and transactional on-demand outlets. The company also offers broadband and mobile content through its Websites and third party Websites; produces live events; and licenses various WWE themed products, such as video games, toys, apparel, books, and music. In addition, it designs, sources, markets, and distributes various WWE-branded products, such as T-shirts, belts, caps, and other novelty items; operates WWEShop, an e-commerce storefront; and WWE Studios that produce and distribute filmed entertainment content, such as movies for theatrical, home entertainment, and/or television release. World Wrestling Entertainment, Inc. was founded in 1980 and is headquartered in Stamford, Connecticut.

Analyst’s Review under Consideration: Ethan Allen Interiors Inc. (NYSE:ETH)

The shares of Ethan Allen Interiors Inc. (NYSE:ETH) currently has mean rating of 2.62 while Zero analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 5 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 200.28 million by 5 analysts. The means estimate of sales for the year ending September-16 is 788.25 million by 6 analysts.

The mean price target for the shares of Ethan Allen Interiors Inc. (NYSE:ETH) is at 35.00 while the highest price target suggested by the analysts is 38.00 and low price target is 33.00. The mean price target is calculated keeping in view the consensus of 4 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Ethan Allen Interiors Inc. (NYSE:ETH) stands at 0.52 while the EPS for the current year is fixed at 1.88 by 7 analysts.

The next one year’s EPS estimate is set at 2.13 by 8 analysts while a year ago the analysts suggested the company’s EPS at 1.88. The analysts also projected the company’s long-term growth at 15.50% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Ethan Allen Interiors Inc. (NYSE:ETH) reported earnings of $0.31. The posted earnings topped the analyst’s consensus by $0.34 with the surprise factor of 9.70%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 21, 2016 Ethan Allen Interiors Inc. (ETH) announce that the State of Vermont has declared June 23rd Ethan Allen Day. The day will annually mark the anniversary of the date in 1775 that the Continental Congress commissioned famed revolutionary war hero Ethan Allen as lieutenant colonel of the Continental Army and accepted his Green Mountain Boys as one of the first regiments of the newly created American army.

“Our organization is built on the idea that progress is impossible without change, and we embody the same pioneering spirit that Ethan Allen, the man, showed in his lifetime,” said Farooq Kathwari, Chairman, President and CEO of Ethan Allen. “We are so pleased to be able to help celebrate this day in his honor.”

Representatives from the Ethan Allen Homestead Museum in Burlington and special guests—including Vermont author and historian Willard Sterne Randall, Lt. Col. Justin Davis, commanding officer of the 172nd Battalion, 10th Mountain Division of the Army, Brig. Gen. Dennis Lutz, and Stephen Perkins, executive director of the Vermont Historical Society—will convene at the Homestead to celebrate this special occasion.

Ethan Allen, the company, will also celebrate the day throughout its entire organization. The company has many ties to Ethan Allen, the man, and Vermont. Ethan Allen was born in Litchfield, Conn., less than 40 miles away from the company’s international headquarters. The company’s very first furniture factory, acquired in 1936, is still in operation in Beecher Falls, Vermont. In true pioneer fashion, the entire factory stays warm through the Vermont winter using its own wood-waste and a 100-year-old Skinner steam engine, which produces electricity. In fact, Ethan Allen has two manufacturing facilities in Vermont and is one of the largest employers in the Northeast Kingdom.

“We are proud to recognize one of the great founders of our state and this nation,” said Vermont Governor Peter Shumlin. “Many visitors to Vermont care about history and come to learn more about Ethan Allen and tour the Homestead, so to be able to declare June 23rd Ethan Allen Day is an honor for me as well.”

Today’s Stock in Focus: Gigamon Inc (NYSE:GIMO)

The shares of Gigamon Inc (NYSE:GIMO) currently has mean rating of 1.71 while 3 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 1 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 70.10 million by 7 analysts. The means estimate of sales for the year ending Dec-16 is 294.91 million by 7 analysts.

The mean price target for the shares of Gigamon Inc (NYSE:GIMO) is at 40.83 while the highest price target suggested by the analysts is 50.00 and low price target is 35.00. The mean price target is calculated keeping in view the consensus of 6 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Gigamon Inc (NYSE:GIMO) stands at 0.24 while the EPS for the current year is fixed at 1.07 by 7 analysts.

The next one year’s EPS estimate is set at 1.31 by 7 analysts while a year ago the analysts suggested the company’s EPS at 1.07. The analysts also projected the company’s long-term growth at 30.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Gigamon Inc (NYSE:GIMO) reported earnings of $0.18. The posted earnings topped the analyst’s consensus by $0.22 with the surprise factor of 22.20%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On Gigamon Inc. designs, develops, and sells products and services that provide customers with visibility and control of network traffic for enterprises and services providers in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers traffic visibility fabric solutions consisting of network traffic intelligence, such as controls for traffic selection, forwarding, manipulation, modification, de-duplication, SSL decryption, correlation, sampling, and generation of flow records. The company also provides Flow Mapping technology that identifies and directs incoming traffic to single or various tools based on user-defined rules that could be managed from a centralized management console; and GigaSMART platform, which offers a range of software applications to modify, manipulate, transform, filter, correlate, and sample network traffic. Its products include GigaVUE product family that provides end-user customers to design visibility fabric architectures optimized for a range of scale and performance requirements from monitoring in virtualized server environments, as well as to 1 gigabit appliances to multi-terabit chassis-based solutions. The company also offers ongoing technical support services with hardware and software products, including ongoing maintenance services for hardware and software, which enable the customers to receive ongoing software updates, bug fixes, and repairs; and replacement services for defective hardware. It sells its products directly through direct sales force and a network of channel partners. The company was founded in 2004 and is headquartered in Santa Clara, California.

Earnings Estimates Under Spotlight: iRobot Corporation (NASDAQ:IRBT)

The shares of iRobot Corporation (NASDAQ:IRBT) currently has mean rating of 2.25 while 3 analysts have recommended the shares as “BUY”, 1 recommended as “OUTPERFORM” and 3recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 148.10 million by 6 analysts. The means estimate of sales for the year ending Dec-16 is 634.94 million by 7 analysts.

The mean price target for the shares of iRobot Corporation (NASDAQ:IRBT) is at 37.67 while the highest price target suggested by the analysts is 46.00 and low price target is 30.00. The mean price target is calculated keeping in view the consensus of 6 brokerage firms.

The average estimate of EPS for the current fiscal quarter for iRobot Corporation (NASDAQ:IRBT) stands at 0.10 while the EPS for the current year is fixed at 1.31 by 7 analysts.

The next one year’s EPS estimate is set at 1.74 by 7 analysts while a year ago the analysts suggested the company’s EPS at 1.31. The analysts also projected the company’s long-term growth at 18.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, iRobot Corporation (NASDAQ:IRBT) reported earnings of $0.13. The posted earnings topped the analyst’s consensus by $0.12 with the surprise factor of 1200.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 31, 2016 iRobot Corporation (IRBT) announced that as part of the company’s strategic realignment to focus on the consumer market, it has appointed Christian Cerda as chief operating officer (COO). Cerda previously served as executive vice president and general manager of iRobot’s Home Robots business unit. As COO, Christian will lead Global Commercial and Supply Chain Operations, overseeing manufacturing and supply chain in addition to marketing, sales and product management.

With more than 15 million home robots sold worldwide, iRobot is the leader in consumer robotics. Under Cerda’s leadership, iRobot’s consumer business revenue has grown 57%, from $357 million in 2012 to $560 million in 2015. The company has also achieved several strategic milestones with the introduction of new products and technologies. Within the past year, iRobot launched Roomba® 980, its first cloud connected consumer product with mapping capabilities, and expanded its product category lineup with the introduction of the Braava jet™ Mopping Robot. The company has also expanded its consumer business globally in key markets including China.

“As iRobot focuses its attention on the consumer technology market, the time is right for Christian to expand upon his leadership role as COO,” said Colin Angle, iRobot’s chairman and chief executive officer. “Since joining iRobot three years ago, he has successfully led the home robots business and built an experienced consumer technology-minded management team. I am confident that with Christian’s own deep consumer background and proven track record of growing our business and brand globally, iRobot is well positioned to capitalize on the huge market opportunities in front of us.”

Prior to iRobot, Cerda was general manager and vice president of Sales and Marketing at Whirlpool Corporation, where he was responsible for sales, marketing, brand communications, product development and operations. Previously, he served in senior positions at The Boston Consulting Group and Procter & Gamble Co.

Wilshire Bancorp Inc (WIBC): Latest Analyst’s Estimations

The shares of Wilshire Bancorp Inc (NASDAQ:WIBC) currently has mean rating of 2.33 while 1 analysts have recommended the shares as “BUY”, 2 recommended as “OUTPERFORM” and 3 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 50.53 million by 5 analysts. The means estimate of sales for the year ending Dec-16 is 201.98 million by 5 analysts.

The mean price target for the shares of Wilshire Bancorp Inc (NASDAQ:WIBC) is at 12.31 while the highest price target suggested by the analysts is 13.50 and low price target is 11.25. The mean price target is calculated keeping in view the consensus of 6 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Wilshire Bancorp Inc (NASDAQ:WIBC) stands at 0.20 while the EPS for the current year is fixed at 0.78 by 5 analysts.

The next one year’s EPS estimate is set at 0.89 by 4 analysts while a year ago the analysts suggested the company’s EPS at 0.78. The analysts also projected the company’s long-term growth at 8.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Wilshire Bancorp Inc (NASDAQ:WIBC) reported earnings of $0.17. The posted earnings missed the analyst’s consensus by -$0.03 with the surprise factor of -15.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 26, 2016 Wilshire Bancorp Inc (WIBC) announced that the Board of Directors has declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid to all stockholders of record as of June 15, 2016, payable on July 1, 2016.

ABOUT WILSHIRE BANCORP

Headquartered in Los Angeles, Wilshire Bancorp is the parent company of Wilshire Bank, which operates 35 branch offices in California, Texas, Alabama, Georgia, New Jersey, and New York. Wilshire Bancorp also operates five loan production offices of which three are utilized primarily for the origination of loans under the Small Business Administration lending program located in Colorado, Georgia, and Washington, and two that are utilized primarily for the origination of residential mortgage loans located in California. Wilshire Bank is a community bank with a focus on commercial real estate lending and general commercial banking, with its primary market encompassing the multi-ethnic populations of the Los Angeles Metropolitan area.  For more information, please go to www.wilshirebank.com.