Market Overview

'All Good At Sequential Brands Group,' Says Wunderlich


In a report published Monday, Wunderlich Securities analyst Eric Beder reiterated a Buy rating on shares of Sequential Brands Group Inc (NASDAQ: SQBG), with a $15 price target ahead of its fourth-quarter earnings results on Wednesday.

"As befits its steady nature, we are highly confident in our 4Q and 2015 projections and view any acquisitions or major license expansions as driving higher margin top and bottom line upside," Beder wrote. "Further, we believe there remains material acquisition opportunities for the company and the potential for the Galaxy Brands deal to drive even higher upside than projected, especially if they can diversify the retailer mix."

Beder noted that the Street's fourth-quarter earnings per share estimate of $0.13 is "achievable" especially following the Galaxy Brands acquisition and its exposure to Wal-Mart while the company's Ellen Tracy brand "shined" during the holiday season.

The analyst also noted that if the company further takes steps to transform Revo and Heely's to a "lifestyle brand," estimates and projections could prove to be conservative.

Looking forward, Beder expects two to three accretive purchases being a "highly achievable" goal in 2015, which could result in the company achieving its $100 million revenue goal a year earlier than originally projected.

Bottom line, the analyst stated that the company is "fully on track" for solid organic growth and upside in 2015 and beyond and that the upcoming fourth-quarter report will be a "warm-up" for another solid year.

Latest Ratings for SQBG

Nov 2017DowngradesBuyNeutral
Nov 2017DowngradesBuyHold
Jun 2017DowngradesBuyNeutral

View More Analyst Ratings for SQBG
View the Latest Analyst Ratings

Posted-In: Apparel Ellen Tracy Eric Beder Galaxy Brands Hellys holiday salesAnalyst Color Analyst Ratings


Related Articles (SQBG)

View Comments and Join the Discussion!

Latest Ratings

NBLXCredit SuisseMaintains31.0
CPAStifel NicolausMaintains100.0
CGCStifel NicolausMaintains30.0
AMATStifel NicolausMaintains72.0
NAVWells FargoMaintains30.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Will Europe's Mega-Banks Fail The Upcoming Fed Stress Test?

Greece Will Submit List of Commitments To EU Group Tomorrow