See Full Report below….
About Broad Street Alerts:
Big opportunities in Small Cap’s
Broad Street Alerts recent profiles and track record, 153% in verifiable potential gains for our
Members in the last 3 small cap alerts alone!
February 10th, 2016- (NASDAQ: BONT) opened $1.65/share hit a high of $3.00/share within 30 days our members gains- 83%
March 7th, 2016-(NYSE-MKT: FSI) opened at .91/share and hit 1.10/share within 5 days for gains of 21% for our members.
March 24th, 2016- (NASDAQ: ICLD) opened at $.77/share it a high of $1.15/share within 2 days for gains of 49%
for our members.
These are numbers that make traders drool. Any trader in any market would fall all over themselves to
see numbers like this. So if you’ve been on the fence, perhaps it’s time to start doing some research and
verify our numbers for yourself. We are constantly raising the bar and separate ourselves from the rest
of the small-cap newsletters as the best in business. We know with a large following comes a large
responsibility as we have everyone from institutional investors to the beginner following our profiled
securities in our newsletters. This is something we take very seriously always seeking small cap growth
companies that have both near and long-term potential for our members.
***Get our small cap profiles, special situation and watch alerts in real time.
We are now offering our VIP SMS/text alert service for free, simply text the word “Alerts” to the phone number 25827 from your cell phone.
Report:
Pacific Sunwear of California Inc. (PSUN) has just caught the analyst’s attention after adding 75.16 percent in the last trading session. They have a much less favorable assessment of Pacific Sunwear of California Inc. (PSUN), with a mean rating of 3. The stock is rated as buy by 0 analysts, with 0 outperform and 2 hold rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for strong sell.
For the current quarter, the 2 analysts offering adjusted EPS forecast have a consensus estimate of $-0.09 a share, which would compare with $-0.1 in the same quarter last year. They have a high estimate of $-0.08 and a low estimate of $-0.1. Revenue for the period is expected to total nearly $230.11M from $231.59M the year-ago period.
For the full year, 1 Wall Street analysts forecast this company would deliver earnings of $-0.33 per share, with a high estimate of $-0.33 and a low estimate of $-0.33. It had reported earnings per share of $-0.33 in the corresponding quarter of the previous year. Revenue for the period is expected to total nearly $798.13M versus 826.78M in the preceding year.
The analysts project the company to maintain annual growth of around 5 percent over the next five years as compared to an average growth rate of 12.85 percent expected for its competitors in the same industry.
Among the 2 analysts Thomson/First Call tracks, the 12-month average price target for PSUN is $0.75 but some analysts are projecting the price to go as high as $1. If the optimistic analysts are correct, that represents a 355 percent upside potential from the recent closing price of $0.22. Some sell-side analysts, particularly the bearish ones, have called for $0.5 price targets on shares of Pacific Sunwear of California Inc..
In the last reported results, the company reported earnings of $-0.05 per share, while analysts were calling for share earnings of $-0.08. It was an earnings surprise of 37.5 percent. 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.
Pacific Sunwear of California, Inc., together with its subsidiaries, operates as a specialty retailer in the action sports, fashion, and music influences of the California lifestyle. It sells a combination of branded and proprietary casual apparel, accessories, and footwear designed for teens and young adults. The company primarily operates mall-based chain of retail stores under the brand names of Pacific Sunwear and PacSun; and an e-commerce Website at pacsun.com, which sells PacSun merchandise online, and provides content and community for its target customers. As of January 31, 2015, it leased and operated 605 stores in 50 states and Puerto Rico. The company was founded in 1982 and is headquartered in Anaheim, California.
Source: CRWU Observer
Broad Street Alerts has not been compensated for the mention of _ PSUN__ and we do not hold any positions.