Investor’s Watch: The GEO Group Incorporated (NYSE:GEO)

The shares of The GEO Group Inc (NYSE:GEO) currently has mean rating of 2.00 while 1 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 Jun-16 is 547.23 million by 3 analysts. The means estimate of sales for the year ending Dec-16 is 2.18 billion by 3 analysts.

The mean price target for the shares of The GEO Group Inc (NYSE:GEO) is at 37.50 while the highest price target suggested by the analysts is 38.00 and low price target is 37.00. 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 The GEO Group Inc (NYSE:GEO) stands at 0.82 while the EPS for the current year is fixed at 3.13 by 3 analysts.

The next one year’s EPS estimate is set at 3.32 by 3 analysts while a year ago the analysts suggested the company’s EPS at 3.13. The analysts also projected the company’s long-term growth at 6.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, The GEO Group Inc (NYSE:GEO) reported earnings of $0.84. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 1.20%. 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 May 19, 2016 The GEO Group Inc (GEO) announced an amendment to its senior credit facility. Following the amendment, GEO’s senior credit facility is now comprised of a $291 million Term Loan B due April 2020 bearing interest at LIBOR plus 2.50% (with a LIBOR floor of 0.75%) and a $900 million Revolving Credit Facility due May 2021 bearing interest at LIBOR plus 2.25% (with no LIBOR floor). The amended Credit Facility has an accordion feature of $450 million, subject to lender demand and prevailing market conditions and satisfying the relevant borrowing conditions. As of May 18, 2016, the Revolving Credit Facility had approximately $470 million in outstanding borrowings along with approximately $54 million of Letters of Credit issued thereunder.

The GEO Group, Inc. (GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the world’s leading provider of diversified correctional, detention, community reentry, and electronic monitoring services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom. GEO’s worldwide operations include the ownership and/or management of 104 facilities totaling approximately 87,000 beds, including projects under development, with a growing workforce of approximately 20,500 professionals.

This news release contains forward-looking statements regarding future events and future performance of GEO that involve risks and uncertainties that could materially affect actual results, including statements regarding borrowing capacity under the Revolving Credit Facility. These forward-looking statements may be affected by risks and uncertainties in GEO’s business and market conditions. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in GEO’s Securities and Exchange Commission filings, including GEO’s reports on Form 10-K and Form 10-Q filed with the Commission. GEO wishes to caution readers that certain important factors may have affected and could in the future affect GEO’s actual results and could cause GEO’s actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of GEO. GEO undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

Earnings Estimates Under Review: TubeMogul Inc (NASDAQ:TUBE)

The shares of TubeMogul Inc (NASDAQ:TUBE) currently has mean rating of 1.92 while 4 analysts have recommended the shares as “BUY”, 6 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 58.14 million by 9 analysts. The means estimate of sales for the year ending Dec-16 is 229.12 million by 12 analysts.

The mean price target for the shares of TubeMogul Inc (NASDAQ:TUBE) is at 18.91 while the highest price target suggested by the analysts is 23.00 and low price target is 15.00. The mean price target is calculated keeping in view the consensus of 11 brokerage firms.

The average estimate of EPS for the current fiscal quarter for TubeMogul Inc (NASDAQ:TUBE) stands at -0.07 while the EPS for the current year is fixed at -0.31 by 9 analysts.

The next one year’s EPS estimate is set at -0.07 by 10 analysts while a year ago the analysts suggested the company’s EPS at -0.31. The analysts also projected the company’s long-term growth at 84.20% for the upcoming five years.

In its latest quarter ended on 31st March 2016, TubeMogul Inc (NASDAQ:TUBE) reported earnings of -$0.23. 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 13, 2016 TubeMogul Inc (TUBE) announced that it has been named a Snapchat Partner.

Snap Ads — which are up to 10-second full-screen video ads with a choice to view, listen and engage — offer marketers a way to scale reach, particularly with younger audiences. Over 60% of U.S. smartphone users between the ages of 13 and 34 use Snapchat, contributing to over 10 billion daily video views.

Snapchat will complement a string of new formats added to TubeMogul in the past year, empowering marketers to centralize all of their brand advertising through the company’s software. Specifically, TubeMogul clients will later this year be able to holistically plan, buy and optimize Snap Ads alongside linear TV, digital video — including on Facebook, Instagram and Twitter — digital out-of-home and display advertising.

“Snapchat’s popularity with one of the most difficult-to-reach audiences in advertising makes it a coveted destination for many brands,” said Brett Wilson, CEO and Co-Founder of TubeMogul. “The addition of Snapchat to TubeMogul will cement our early leadership in cross-channel advertising.”

Worth Watching Stock: FuelCell Energy Inc (NASDAQ:FCEL)

The shares of FuelCell Energy Inc (NASDAQ:FCEL) currently has mean rating of 1.60 while 2 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and Zero 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 Jul-16 is 31.74 million by 5 analysts. The means estimate of sales for the year ending Oct-16 is 146.94 million by 5 analysts.

The mean price target for the shares of FuelCell Energy Inc (NASDAQ:FCEL) is at 12.40 while the highest price target suggested by the analysts is 15.00 and low price target is 9.00. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.

The average estimate of EPS for the current fiscal quarter for FuelCell Energy Inc (NASDAQ:FCEL) stands at -0.41 while the EPS for the current year is fixed at -1.75 by 5 analysts.

The next one year’s EPS estimate is set at -0.90 by 5 analysts while a year ago the analysts suggested the company’s EPS at -1.75. The analysts also projected the company’s long-term growth at 15.00% for the upcoming five years.

In its latest quarter ended on 30th Apr 2016, FuelCell Energy Inc (NASDAQ:FCEL) reported earnings of -$0.56. The posted earnings missed the analyst’s consensus by -$0.16 with the surprise factor of -40.00%. 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 8, 2016 FuelCell Energy Inc (FCEL) reported financial results for its second quarter ended April 30, 2016 and key business highlights.

Financial Results

FuelCell Energy (the Company) reported total revenues for the second quarter of 2016 of $28.6 million, which is comparable to the prior year period.  Revenue components include:

  • Product sales of $15.4 million for the current period compared to $20.2 million for the second quarter of 2015, as the comparable prior year period included module sales to Asia and higher equipment, procurement and construction (EPC) activity.
  • Service agreements and license revenues of $10.6 million for the current period compared to $4.6 million for the comparable prior year period, increasing year-over-year, primarily due to revenue recognized from module replacements.
  • Advanced Technologies contract revenues of $2.6 million for the current period compared to $3.8 million for the comparable prior year period.  Revenue was lower year-over-year pending commencement of new projects in backlog.

A gross loss of ($0.2) million was incurred in the second quarter of 2016, compared to a gross profit of $2.0 million generated for the comparable prior year period.  Product revenue mix oriented towards fuel cell kit sales to Asia in the current period compared to complete power plant sales in North America for the prior year period resulted in a year-over-year decrease in product gross profit.  Service margins were negatively impacted by non-recurring charges from the termination of a legacy sub-megawatt service contract and changes to a different legacy service contract reflecting continued initiatives to optimize the service business, exit sub megawatt sites and expand future margin potential.

Operating expenses for the current period totaled $12.6 million compared to $10.8 million for the prior year period.  The increase reflects greater project bid activity and timing of increased research and development related to product enhancements and new near-term product introductions, such as completion of European Union (EU) certification for MW-class plants, developing a renewable biogas clean-up skid as the Company seeks to capture more of the overall project value chain, further enhancing the micro-grid offering, and advancing different power plant configurations for specific target markets.

Net loss attributable to common shareholders for the second quarter of 2016 totaled $16.2 million, or $0.56 per basic and diluted share, compared to $10.7 million or $0.44 per basic and diluted share for the second quarter of 2015.

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the second quarter of 2016 totaled ($11.5) million. Refer to the discussion of Non-GAAP financial measures below regarding the Company’s calculation of Adjusted EBITDA.  Capital spending was $1.0 million and depreciation expense was $1.2 million.

SYNNEX Corporation (NYSE:SNX): Stock under Discussion

The shares of SYNNEX Corporation (NYSE:SNX) currently has mean rating of 2.75 while 1 analysts have recommended the shares as “BUY”, 1 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 Aug-16 is 3.40 billion by 6 analysts. The means estimate of sales for the year ending Nov-16 is 13.49 billion by 7 analysts.

The mean price target for the shares of SYNNEX Corporation (NYSE:SNX) is at 89.00 while the highest price target suggested by the analysts is 97.00 and low price target is 85.00. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.

The average estimate of EPS for the current fiscal quarter for SYNNEX Corporation (NYSE:SNX) stands at 1.53 while the EPS for the current year is fixed at 6.08 by 8 analysts.

The next one year’s EPS estimate is set at 6.82 by 7 analysts while a year ago the analysts suggested the company’s EPS at 6.08. The analysts also projected the company’s long-term growth at 10.85% for the upcoming five years.

In its latest quarter ended on 31st March 2016, SYNNEX Corporation (NYSE:SNX) reported earnings of $1.37. The posted earnings topped the analyst’s consensus by $0.06 with the surprise factor of 4.60%. 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 SYNNEX Corporation (SNX) announced financial results for the fiscal second quarter ended May 31, 2016.

“During our second quarter, we achieved sales and profit results above our expectations.” stated Kevin Murai, President and Chief Executive Officer. “Our efficient operating model delivered another strong quarter of positive operating cash flow, double digit adjusted ROIC and, we believe, positions us well for growth in the second half of 2016.”

Stock under Radar: Bright Horizons Family Solutions Inc (NYSE:BFAM)

The shares of Bright Horizons Family Solutions Inc (NYSE:BFAM) currently has mean rating of 2.12 while 2 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 403.23 million by 7 analysts. The means estimate of sales for the year ending Dec-16 is 1.59 billion by 8 analysts.

The mean price target for the shares of Bright Horizons Family Solutions Inc (NYSE:BFAM) is at 70.86 while the highest price target suggested by the analysts is 75.00 and low price target is 64.00. The mean price target is calculated keeping in view the consensus of 7 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Bright Horizons Family Solutions Inc (NYSE:BFAM) stands at 0.61 while the EPS for the current year is fixed at 2.20 by 8 analysts.

The next one year’s EPS estimate is set at 2.54 by 8 analysts while a year ago the analysts suggested the company’s EPS at 2.20. The analysts also projected the company’s long-term growth at 18.46% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Bright Horizons Family Solutions Inc (NYSE:BFAM) reported earnings of $0.51. 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 12, 2016 Bright Horizons Family Solutions Inc (BFAM) announced the pricing of the previously announced underwritten public offering by certain of its stockholders, which include certain of the Company’s executive officers and directors (the “Selling Stockholders”), of 2,115,000 shares of its common stock at a price to the public of $65.75 per share.  The Company has agreed to repurchase from the underwriter 1,000,000 shares of the 2,115,000 shares of common stock being sold by the Selling Stockholders at a per-share purchase price equal to the price payable by the underwriter to the Selling Stockholders.  As such, only 1,115,000 shares of the 2,115,000 shares of common stock being sold by the Selling Stockholders will be sold to the public.  The Selling Stockholders will receive all of the net proceeds from this offering.  No shares are being sold by the Company.

Barclays is acting as the sole underwriter for the offering.

An automatic shelf registration statement (including a prospectus) relating to the offering of common stock was filed with the Securities and Exchange Commission (“SEC”) on March 25, 2014 and became effective upon filing. Before you invest, you should read the prospectus included in that registration statement and the documents incorporated by reference in that registration statement as well as the prospectus supplement related to this offering.  You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  When available, copies of the prospectus supplement and accompanying prospectus related to the offering may also be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-888-603-5847, or by emailing Barclaysprospectus@broadridge.com.

The offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.  Any offer to buy the securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date of the registration statement relating to the securities.

Analysts Estimations: Stock in Focus Today: Container Store Group Inc (NYSE:TCS)

The shares of Container Store Group Inc (NYSE:TCS) currently has mean rating of 3.00 while Zero analysts have recommended the shares as “BUY”, Zero 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 May-16 is 848.70 million by 5 analysts. The means estimate of sales for the year ending Mar-16 is 848.70 million by 5 analysts.

The mean price target for the shares of Container Store Group Inc (NYSE:TCS) is at 6.67 while the highest price target suggested by the analysts is 7.50 and low price target is 6.00. The mean price target is calculated keeping in view the consensus of 3 brokerage firms.

The next one year’s EPS estimate is set at 0.25 by 5 analysts. The analysts also projected the company’s long-term growth at -20.72% for the upcoming five years.

In its latest quarter ended on 30th Feb 2016, Container Store Group Inc (NYSE:TCS) reported earnings of $0.20. The posted earnings missed the analyst’s consensus by -$0.01 with the surprise factor of -4.80%. 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 17, 2016 Container Store Group Inc (TCS) announces a new summer festival, and Starbucks and Teavana find a generous way to celebrate National Iced Tea Day. Watch the full episode for more stories featuring The Container Store, Apple, Nintendo, Sling, and Bread for the World on BizWireTV – now featuring the Top Five Most-Shared Stories of the Week.

Stock to Watch: American Assets Trust, Inc (NYSE:AAT)

The shares of American Assets Trust, Inc (NYSE:AAT) currently has mean rating of 2.14 while 2 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 72.09 million by 4 analysts. The means estimate of sales for the year ending Dec-16 is 293.19 million by 6 analysts.

The mean price target for the shares of American Assets Trust, Inc (NYSE:AAT) is at 46.25 while the highest price target suggested by the analysts is 49.00 and low price target is 42.00. 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 American Assets Trust, Inc (NYSE:AAT) stands at 0.46 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 2.09 by 7 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 3.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, American Assets Trust, Inc (NYSE:AAT) reported earnings of $0.45. 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 April 26, 2016 American Assets Trust, Inc (AAT) reported financial results for its first quarter ended March 31, 2016.

Financial Results and Recent Developments

  • Funds From Operations increased 5% year-over-year to $0.45 per diluted share for the three months ended March 31, 2016 compared to the same period in 2015
  • Net income available to common stockholders of $7.7 million for the three months ended March 31, 2016, or $0.17 per diluted share
  • Same-store cash and GAAP NOI increased 7% and 5%, respectively, for the three months ended March 31, 2016 compared to the same period in 2015
  • Entered into a new $100 million seven-year unsecured term loan with an interest rate fixed at approximately 3.15% (subject to adjustments based on our consolidated leverage ratio) as a result of an interest rate swap
  • Leased approximately 52,100 comparable office square feet at an average cash-basis and GAAP-basis contractual rent increase of 9% and 18%, respectively, during the three months ended March 31, 2016
  • Leased approximately 81,100 comparable retail square feet at an average cash-basis and GAAP-basis contractual rent increase of 2% and 9%, respectively, during the three months ended March 31, 2016

During the first quarter of 2016, the company generated funds from operations (“FFO”) for common stockholders of $28.1 million, or $0.45 per diluted share, compared to $26.4 million, or $0.43 per diluted share, for the quarter ended March 31, 2015. The increase in FFO from the corresponding period in 2015 was primarily due to additional operating income from Hassalo on Eighth and growth in same-store net operating income from our existing portfolio.

Net income attributable to common stockholders was $7.7 million, or $0.17 per basic and diluted share for the three months ended March 31, 2016 compared to $8.0 million, or $0.18 per basic and diluted share for the three months ended March 31, 2015. The decrease in net income attributable to common stockholders from the corresponding period in 2015 was primarily due to an increase in depreciation and amortization expense and interest expense during the three months ended March 31, 2016 attributed to the completion of Hassalo on Eighth, which was completed during the third and fourth quarters of 2015.

FFO is a non-GAAP supplemental earnings measure which the company considers meaningful in measuring its operating performance.   A reconciliation of FFO to net income is attached to this press release.

What Analysts say about Conn’s Inc (NASDAQ:CONN)?

The shares of Conn’s Inc (NASDAQ:CONN) currently has mean rating of 2.57 while 1 analysts have recommended the shares as “BUY”, 1 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 Jul-16 is 417.71 million by 5 analysts. The means estimate of sales for the year ending Jan-17 is 1.69 million by 6 analysts.

The mean price target for the shares of Conn’s Inc (NASDAQ:CONN) is at 13.17 while the highest price target suggested by the analysts is 16.00 and low price target is 8.50. 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 Conn’s Inc (NASDAQ:CONN) stands at -0.03 while the EPS for the current year is fixed at -0.14 by 6 analysts.

The next one year’s EPS estimate is set at 0.52 by 6 analysts while a year ago the analysts suggested the company’s EPS at -0.14. The analysts also projected the company’s long-term growth at 23.00% for the upcoming five years.

In its latest quarter ended on 30th Apr 2016, Conn’s Inc (NASDAQ:CONN) reported earnings of -$0.31. The posted earnings missed the analyst’s consensus by -$0.37 with the surprise factor of -616.70%. 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 7, 2016 Conn’s Inc (CONN) reported $111.0 million in total retail net sales for the month ended May 31, 2016, a 0.8% increase compared to the same prior year period.

Norm Miller, Conn’s Chairman, Chief Executive Officer and President, commented, “During May, same store sales declined by 6.7%, excluding the impact of our April 2015 decision to exit video game products, digital cameras, and certain tablets. Sales compared to the prior year were driven by two factors. First, underwriting refinements implemented during the fourth quarter of fiscal 2016 and in the first quarter of fiscal 2017 reduced sales by approximately 650 to 700 basis points, consistent with our expectations. These changes are expected to reduce credit risk and improve future portfolio performance. Second, Memorial Day fell five days later this year. As a result, more of the sales written over the holiday weekend will not be delivered and booked until June than in the prior year. This affected same store sales by an estimated 290 basis points.

“Furniture sales continued to trend better than the Company average on increased advertising exposure. Excluding sales of exited products, same store sales of consumer electronics were down 13.3% on softer vendor promotions on televisions compared to the prior year, with some recovery late in the month on aggressive Memorial Day promotions by the manufacturers. Home office sales were down 1.6%, excluding sales of exited products.

“Greater than 60-day delinquency was 8.9% as of May 31, 2016, a sequential increase from 8.6% as of April 30, 2016, and compared to 8.5% as of May 31, 2015. Continued reductions in the pace of portfolio growth are negatively impacting the year-over-year delinquency rate comparison.”

All of the above May 31, 2016 amounts are preliminary estimates and are subject to change upon completion of the Company’s financial statement closing process. The Company has provided monthly same store sales, portfolio balance and 60-plus day delinquency rate data for all monthly periods since and including February 2012 on its investor relations website at ir.conns.com.

Technical Analysis: Intellia Therapeutics Inc (NASDAQ:NTLA)

The shares of Intellia Therapeutics Inc (NASDAQ:NTLA) 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 6.56 million by 4 analysts. The means estimate of sales for the year ending Dec-16 is 20.59 million by 4 analysts.

The mean price target for the shares of Intellia Therapeutics Inc (NASDAQ:NTLA) is at 35.50 while the highest price target suggested by the analysts is 39.00 and low price target is 32.00. 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 Intellia Therapeutics Inc (NASDAQ:NTLA) stands at -0.10 while the EPS for the current year is fixed at -0.63 by 4 analysts.

The next one year’s EPS estimate is set at -0.93 by 4 analysts while a year ago the analysts suggested the company’s EPS at -0.63.

In its latest quarter ended on 31st March 2016, Intellia Therapeutics Inc (NASDAQ:NTLA) reported earnings of -$9.89. The posted earnings missed the analyst’s consensus by -$9.61 with the surprise factor of -3432.10%. 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.

Intellia Therapeutics Inc., a gene editing company, focuses on the development of therapeutics utilizing a biological tool known as the CRISPR/Cas9 system. The company develops in vivo programs focused on liver diseases, including transthyretin amyloidosis, alpha-1 antitrypsin deficiency, hepatitis B virus, and inborn errors of metabolism; and ex vivo applications of the technology in chimeric antigen receptor T cell and hematopoietic stem cell product candidates. It has a strategic collaboration and license agreement with Novartis focused on the development of new ex vivo CRISPR/Cas9-based therapies. Intellia Therapeutics Inc. was formerly known as AZRN, Inc. and changed its name to Intellia Therapeutics Inc. in July 2014. The company was founded in 2014 and is headquartered in Cambridge, Massachusetts.

Astoria Financial Corp (NYSE:AF)

The shares of Astoria Financial Corp (NYSE:AF) currently has mean rating of 2.75 while 1 analysts have recommended the shares as “BUY”, 1 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 87.66 million by 3 analysts. The means estimate of sales for the year ending Dec-16 is 350.64 million by 3 analysts.

The mean price target for the shares of Astoria Financial Corp (NYSE:AF) is at 16.11 while the highest price target suggested by the analysts is 20.00 and low price target is 13.50. The mean price target is calculated keeping in view the consensus of 190 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Astoria Financial Corp (NYSE:AF) stands at 0.16 while the EPS for the current year is fixed at 0.61 by 5 analysts.

The next one year’s EPS estimate is set at 0.59 by 5 analysts while a year ago the analysts suggested the company’s EPS at 0.61. The analysts also projected the company’s long-term growth at 5.00% for the upcoming five years.

In its latest quarter ended on 31st March 2016, Astoria Financial Corp (NYSE:AF) reported earnings of $0.16. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 6.70%. 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 2, 2016 Astoria Financial Corp (AF) announced it will continue its support as the lead sponsor for the Fourth of July Fireworks celebration at Jones Beach – officially titled Astoria Bank July 4th Fireworks at Jones Beach. Astoria’s commitment helps make possible this decades-long tradition for Long Islanders and visitors from throughout the New York Metropolitan region.

“Astoria Bank is honored to have the opportunity to once again host the Fourth of July Fireworks at Jones Beach this summer,” said Astoria Bank CEO and President Monte Redman. “We are thrilled to bring families and friends together for this special holiday event and are excited to once again be at Jones Beach, celebrating with our customers and the communities we serve.”

The event is expected to draw over 100,000 people of all ages, and is a major highlight of the summer entertainment schedule at Jones Beach, which has played host to family-friendly festivities and activities since it opened in 1929.

Fireworks begin at 9:30 PM at the Central Mall, with music during the colorful and patriotic show to be simulcast by WALK 97.5 FM and K-98.3 FM.