October 9, 2014 8:00 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
In a report published Thursday, D.A. Davidson analyst Andrew Burns reiterated a Buy rating and $36.00 price target on
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
(NASDAQ: ZUMZ).In the report, D.A. Davidson noted, “ZUMZ's +6.6% September comp exceeded consensus at +2.7% (Retail Metrics) and our +2.2% estimate. The positive comp was driven by an increase in both transactions and dollars per transaction, with gains in both AUR and UPT. Sales increased 12.5% y/y to $66.3 million. September's results bring 3Q QTD comps to 3.9%, which compares to guidance for low-single digit comp improvement. Excluding the shift in timing of an annual snow expo (Blue Tomato), which occurred in November last year, the monthly comp would have been 5.8%, or 3.6% QTD. 3Q guidance was not updated and calls for revenue of $207-$211 million and EPS of $0.49-$0.52 (excluding ~$0.02 in acquisition costs). By category, hardgoods, men's, junior's, and accessories were all up, while footwear and boy's were down.”Zumiez closed on Wednesday at $28.55.
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