This LOGI stock forecast article was written by Emily Adelson – Analyst at I Know First.
Highlights:
Logitech Inc has experienced rapid growth in the last few years, most significantly with their stock growth by over 135% percent in the past fiscal year alone, discussed below.
Over the last fiscal year, the Logitech stock grew by 76%, and revenue doubled reaching 1.46 billion
Logitech's recent acquisition of Streamlands and Sync has resulted in major growth within the company
My predicted stock price for June 2022 is $161.51, because of the growing demand for computer accessories as a result of the work-from-home environment.
Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. It offers a range of server, storage, blade, workstation, and full rack solutions, as well as networking devices, server management software, and technology support and services. The company also provides a range of application optimized server solutions, including rackmount and blade server systems; and server subsystems and accessories comprising server boards, and chassis and power supplies, as well as other system accessories, including microprocessors, and memory and disc drives. In addition, it provides customer support services and hardware enhanced services. The company offers its products to data center, cloud computing, enterprise IT, big data, high performance computing, and Internet of Things/embedded markets. It sells its server systems, and server subsystems and accessories through direct sales force, as well as through distributors that comprise value added resellers and system integrators, and OEMs. The company has operations primarily in San Jose, California; the Netherlands; Taiwan; China; and Japan. Super Micro Computer, Inc. was founded in 1993 and is headquartered in San Jose, California.
[Image Source: Wikimedia]
Over the 3 days after I Know First issued a bullish short term forecast for SMCI on May 4, 2018, Super Micro Computer’s stock price jumped from $19.90 to $24 per share, outperforming the market by about 14%. What happened that drove the growth? The reason lies in the company’s 3Q financial statements.
On May 3rd, 2018 Super Micro Computer, Inc. announced their Q3 fiscal 2018 financial statements with the following highlights:
Net sales in a range of $785 million to $795 million compared to its previous guidance range of $700 million to $780 million
GAAP gross margin in the range of 13.0% to 13.2%
GAAP fully diluted earnings per share in the range of $0.28 to $0.32
Q4 Fiscal 2018 Guidance
The GAAP gross margin range of 13.0% to 13.2% that the Company expects to report includes stock-based compensation of $0.4 million and accelerated building depreciation expense of $2.6 million. The GAAP fully diluted earnings per share range of $0.28 to $0.32 that the Company expects to report includes stock-based compensation expense of $6.1 million, Audit Committee investigation expense of $9.5 million, and accelerated building depreciation expense of $2.6 million. At March 31, 2018, total cash, cash equivalents and short-term investments was $136.0 million and bank debt was $186.3 million.
As for the Q4 Fiscal 2018 Guidance, the Company expects net sales in a range of $800 million to $860 million for the fourth quarter of fiscal year 2018 ending June 30, 2018.
I Believe that the increased revenues in the Q3 and the Q4 guidance that were announced are the main reason for the company’s growth during the 3-day time period.
From the above data one can see that Super Micro Computer, Inc. increased its share value by about 14% after announcing their successful Q3 fiscal 2018.
On May 4th, 2018 I Know First issued a bullish 3 days forecast for Quick Win by the Algorithm: Super Micro Computer, Inc. (NASDAQ: SMCI). The forecast illustrated a signal of 3.35 and a predictability of 0.07. In accordance with the forecast, SMCI’s stock returned 27.70% over this period, highlighting the accuracy of the prediction produced by the I Know First algorithm.
Current I Know First subscribers received this bullish SMCI forecast on May 4, 2018
Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.
“The AWS services are by far the most evolved and most functionality-rich. AWS lets developers do more and be nimbler, and it continues to get even better every day. That’s why you’re seeing this remarkable acceleration in AWS growth, now for two quarters in a row.”
– said Jeff Bezos, Amazon founder and CEO
[Image Source: Creative Commons Images]
Summary:
Q1 report and forward outlook for 2018
Expanding Plans for 2018
Most Valuable Brand Ranking of 2018
Valuation Analysis
About Amazon.com
During the year of 2017 Amazon.com experienced a cash flow increased 4% to $18.2 billion for the trailing twelve months, compared with $17.5 billion for the trailing twelve months ended March 31, 2017. Amazon.com managed to improve its financial positions and is expected to continue growing in 2018.
On April 26, 2018, Amazon.com announced its first quarter report for 2018. Net sales increased 43% to $51.0 billion in Q1, compared with $35.7 billion in Q1 of 2017. Operating income increased 92% to $1.9 billion, compared with operating income of $1.0 billion in first quarter 2017.Net income was $1.6 billion in Q1, or $3.27 per diluted share, compared with net income of $724 million, or $1.48 per diluted share, in Q1 of 2017.
Second Quarter 2018 Guidance and outlook
Net sales are expected to be between $51.0 billion and $54.0 billion, or to grow between 34% and 42% compared with second quarter 2017. This guidance anticipates a favorable impact of approximately $1.2 billion or 320 basis points from foreign exchange rates. Operating income is expected to be between $1.1
This article was written by Esther Hanon, a Financial Analyst at I Know First.
[Source: Downtown Summerlin, May 8th 2018]
“Looking ahead to 2018, we are deploying a portion of the tax reform benefits to invest in our people and accelerate investments to drive growth and innovation,”
---Mary Dillon, CEO of ULTA Beauty
Stock Forecast: ULTA Beauty's Aim to Surpass Competition in the E-Commerce Realm
Summary:
Thus far, ULTA's shares have outperformed the market by 24%; however, shares are still trading almost 20% below their 52-week highs.
ULTA is evolving their marketing strategy to compete in such a competitive saturated market of beauty care
Comps are slowing, but underlying business still looks strong.
ULTA seemingly is overvalued, although some analysts postulate the company is headed in an upward trajectory in the coming years.
Legacy Reserves LP acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the United States. As of December 31, 2017, the company owned interests in producing oil and natural gas properties in 606 fields comprising 10,492 gross productive wells, including 3,497 operated and 6,995 non-operated wells located in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma, and other states. It had proved reserves of approximately 180.0 million barrels of crude oil equivalent. Legacy Reserves LP was founded in 2005 and is headquartered in Midland, Texas.
Over the 1 month after I Know First issued its forecast on March 25, 2018, Legacy Reserves’s stock price jumped from $4.51 to $5.81 per share, outperforming the market by about 18%. What happened that drove the growth? The reason lies in the company’s Corporate Transition.
Legacy Reserves announcement that it would transition from an MLP to a C-Corp led the company to more than 11% rise on March 26, 2018. To enable the move, investors will receive one share of New Legacy’s common stock for each unit currently owned. In addition to that, the company will also convert its outstanding preferred shares into common stock. These moves will reduce complexity and enable the company to move forward with a simplified corporate structure. “As a result of the Transaction, Legacy will become a newly-traded C-Corp stock with a less complicated balance sheet and an enhanced opportunity to raise capital and grow the business”, Said Mr. Paul T. Horne, Chairman and Chief Executive Officer of Legacy’s general partner, commented.
I Believe that the Corporate Transition is the main reason for the company’s growth during the 1-month time period.
[Image Source: Yahoo Finance]
From the above data one can see that Legacy Reserves LP increased its share value by transitioning from an MLP to a C-Corp. In addition, the company has since April 12 a big market gap which gives it the market gain for these days.
On March 25, 2018 I Know First issued a bullish 1 month forecast for Legacy Reserves LP (NASDAQ: LGCY). The forecast illustrated a signal of 176.30 and a predictability of 0.45. In accordance with the forecast, LGCY’s stock returned 29.53% over this period, highlighting the accuracy of the prediction produced by the I Know First algorithm.
Current I Know First subscribers received this bullish LGCY forecast on March 25, 2018
Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.