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Morgan Stanley Sees Risk To Consensus Estimates Skew Positive For UTi Worldwide

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In a report published Tuesday, Morgan Stanley analyst William J. Greene reiterated an Equal-Weight rating on UTi Worldwide (NASDAQ: UTIW).

In the report, Morgan Stanley noted, “While top-line and gross margin correlations are mixed, normal seasonality suggests cons. F2Q15 EBITDA estimates are conservative with incremental cost savings serving as an additional source of upside. We're raising F2Q15 our EPS ests from $0.03/shr. to $0.04/shr. vs. cons of $0.01/shr.”

UTi Worldwide closed on Friday at $9.18.

Latest Ratings for UTIW

DateFirmActionFromTo
Apr 2014Wolfe ResearchUpgradesUnderperform
Mar 2014Stifel NicolausMaintainsBuy
Feb 2014Avondale PartnersDowngradesMarket OutperformMarket Perform

View More Analyst Ratings for UTIW
View the Latest Analyst Ratings

Posted-In: Morgan Stanley William J. GreeneAnalyst Color Reiteration Analyst Ratings

 

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