LBY- Libbey, Inc last closed at $16.35 – (Undervalued)

Libbey is a leading producer of glass tableware and other table top products in the U.S and in Canada. With the news of the Chairman and CEO Stephanie Streeter’s abrupt resignation, and a new CEO – Mr. William Foley being elected by the board members of Libbey, the stock prices plunged down to a new low and closed at $16.35 yesterday. While many analysts have said that Libbey is undervalued at its current price, they have a consensus rating of “Hold” with an average price target of $60.50 Also, a hedge fund, ICON Advisers acquired a new stake in Libbey according to its recent SEC filings. Last quarter, the company reported an EPS of $0.81, beating the Thomson Reuters’ consensus estimate of $0.57.

PCLN – Priceline Group last closed at 1,098.90 – (Bullish)

Priceline is an online travel and travel related reservation and search service provider. It operates, and which provide online accommodation booking, rental cars, airline ticket reservations etc.

After a downgrade to ‘Outperform’ from a ‘strong buy’ by Raymond James, and Insiders like the COO and Tans Gillian and director Boyd Jeffery H selling the stock almost every month since January last year, there have been severe market sentiments for the stock. The market has seen a lot of bearish sentiment for the company which has continued for more than a week.

Despite these tidings, the company presently has an average rating of “Buy” and a consensus target price of $1,467.15. For the previous quarter, the company reported an EPS of reported $25.35, beating the Thomson Reuters’ consensus estimate of $24.23.

Also, today, Priceline Group Inc has been given an “A-” credit rating by Morningstar.


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