Services Sector Losers: Pandora Media (NYSE:P), Amazon.com, Inc. (NASDAQ:AMZN), Netflix, Inc. (NASDAQ:NFLX), Zulily Inc (NASDAQ:ZU)

Pandora Media Inc (NYSE:P), shares after opening at $25.50 moved to $25.87 on last trade day and at the end of the day closed at $23.51. Company price to sales ratio in past twelve months was calculated as 7.89 and price to cash ratio as 10.36. Pandora Media Inc (NYSE:P), showed a negative weekly performance of 12.99%.

Amazon.com, Inc. (NASDAQ:AMZN), plunged as much as 10 percent after Chief Executive Officer Jeff Bezos told investors that his spending binge isn’t slowing. Bezos is pouring cash into warehouses for faster shipments, a grocery delivery service and a TV set-top box to compete with Netflix Inc. and Apple Inc. in streaming. Expenses rose 23 percent during the quarter, limiting profit to 23 cents a share, according to a statement yesterday, in line with analysts’ projections. The company forecast an operating loss for the current quarter of $55 million to $455 million. “People who are hoping for the profit kick are going to have to wait a long time,” said Kerry Rice, an analyst at Needham & Co. in San Francisco who rates the stock a hold. The shares fell 9.8 percent to $304.19 at 3:21 p.m. New York time after dropping earlier to $303.13, the lowest in six months. Amazon has lost almost a quarter of its value this year. Amazon.com, Inc. (NASDAQ:AMZN), shares fell 9.88% in last trading session and ended the day on $303.83. Amazon.com, Inc. (NASDAQ:AMZN), return on equity ratio is recorded as 3.00% and its return on assets is 0.80%. Amazon.com, Inc. (NASDAQ:AMZN), yearly performance is 10.60%.

Wedbush reaffirmed their underperform rating on shares of Netflix, Inc. (NASDAQ:NFLX), in a research note issued to investors on Tuesday,Stock Ratings Network.com reports. The firm currently has a $215.00 price target on the stock. Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, April 21st. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.83 by $0.03. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 24.0% on a year-over-year basis. Analysts expect that Netflix will post $4.20 EPS for the current fiscal year. A number of other analysts have also recently weighed in on NFLX. Analysts at Raymond James upgraded shares of Netflix from a market perform rating to an outperform rating in a research note on Tuesday. They now have a $450.00 price target on the stock, up previously from $356.00. Separately, analysts at Cantor Fitzgerald upgraded shares of Netflix from a hold rating to a buy rating in a research note on Tuesday. They now have a $425.00 price target on the stock, up previously from $405.00. Finally, analysts at Cowen and Company reiterated a market perform rating on shares of Netflix in a research note on Tuesday. Four analysts have rated the stock with a sell rating, twenty-two have given a hold rating and seventeen have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $378.80. Netflix, Inc. (NASDAQ:NFLX), shares moved down 6.39% in last trading session and was closed at $322.08, while trading in range of $ 322.00 – 341.41. Netflix, Inc. (NASDAQ:NFLX), year to date (YTD) performance is -12.52%.

Zulily Inc (NASDAQ:ZU)‘s stock had its “sector perform” rating reaffirmed by investment analysts at RBC Capital in a note issued to investors on Tuesday, Stock Ratings Network reports. They currently have a $40.00 price objective on the stock, down from their previous price objective of $50.00. RBC Capital’s price target would indicate a potential downside of 6.63% from the company’s current price. A number of other firms have also recently commented on ZU. Analysts at Janney Montgomery Scott initiated coverage on shares of Zulily in a research note on Friday, January 24th. They set a “buy” rating on the stock. Separately, analysts at Bank of America initiated coverage on shares of Zulily in a research note on Tuesday, December 10th. They set a “neutral” rating on the stock. Finally, analysts at William Blair initiated coverage on shares of Zulily in a research note on Tuesday, December 10th. They set an “outperform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $38.00. Zulily (NYSE:ZU) last announced its earnings results on Monday, February 24th. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.06. The company had revenue of $257.00 million for the quarter, compared to the consensus estimate of $225.47 million. Analysts expect that Zulily will post $0.21 EPS for the current fiscal year. Zulily Inc (NASDAQ:ZU), weekly performance is -13.00%. On last trading day company shares ended up $42.08. Zulily Inc (NASDAQ:ZU), distance from 50-day simple moving average (SMA50) is –20.27%. Analysts mean target Price for the company is $53.60.

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