3 Stocks That Could Make Huge Moves This Week

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3 Stocks That Could Make Huge Moves This Week

Transcript of 3 Stocks That Could Make Huge Moves This Week

3 Stocks That Could Make Huge Moves This Week

Abercrombie & FitchAbercrombie is a retailer focusing on teens and young adults. The company is expected to report earnings on Thursday evening. Currently, 33% of Abercrombie’s shares are sold short.

The retailer has suffered like many of its mall-based peers. The exit of former CEO Michael Jeffries has also added a level of uncertainty that Wall Street doesn’t like.

Here’s What You Should WatchOver the Short Term• Abercrombie is expected to

report a loss of $0.04 per share for the previous quarter.

• Analysts expect the company to have collected $812 million in sales for the previous quarter.

• For the full fiscal year, analysts are expecting the company to earn $0.73 per share on sales of $3.5 billion.

Over the Long Term• Same store sales are the life-

blood for any retailer. Last quarter, the company reported that this metric shrunk by 8%. The company needs to stabilize sales before investors stop shorting it.

• Listen in to see if the company is any closer to naming a full-time CEO to replace interim CEO Jonathan Ramsden.

GameStopGameStop is a leading seller and re-seller of video games in the United States. The company is expected to report earnings on Thursday evening.

Currently, 42% of GameStop’s shares are sold short.

As more and more video games migrate to the cloud, the need for brick-and-mortar video game stores deteriorates.

Here’s What You Should WatchOver the Short Term• GameStop is expected to

announce $1.7 billion in revenue for the previous quarter.

• The company is expected to have earned $0.24 per share last quarter.

• For the full fiscal year, expectations are set for $9.6 billion in revenue and earnings of $3.87 per share.

Over the Long Term• Comparable-store sales are

always important. Last quarter, the metric was at 8.6%, an impressive feat. Management sees this metric growing from just above 0% to 3%.

• Check the details of the Spring Mobile division, a company that was recently acquired. It is expected to help offset any weakness in games.

Zoes KitchenZoes is a fast-casual restaurant with a focus on Mediterranean cuisine. The company is expected to report earnings on Thursday evening

Currently, 36% of Zoes’ shares are sold short.

This is a newly public company that is growing its store-base rapidly. As such, profits are still scant, and the company trades for about 600 times expected 2015 earnings.

Here’s What You Should WatchOver the Short Term• Analysts are expecting Zoes

to report revenue of $53.5 million for the previous quarter.

• They are also expecting the company to have earned $0.04 per share for the previous quarter.

• For all of 2015, expectations are set for $223 million in sales and earnings of $0.07 per share.

Over the Long Term• As with the other two companies,

same-store sales growth ais important. Last quarter, it came in at 7.7%, and management believes it will be between 4% and 6% when it reports.

• Zoes’ growth strategy is also important. Three months ago, management said it expected to open 31 to 33 restaurants during the calendar year. See if that is still the case.