Services Sector gainers: Sears Holdings Corp (NASDAQ:SHLD), Acacia Research (NASDAQ:ACTG), Watsco Inc (NYSE:WSO), Power Secure International (NYSE:POWR)

Posted by on Apr 18, 2014

Sears Holdings Corp. (NASDAQ:SHLD) was the recipient of a significant decline in short interest during the month of January. As of March 31st, there was short interest totalling 15,592,835 shares, a decline of 8.7% from the March 14th total of 17,085,939 shares, Analyst Ratings Network reports. Based on an average daily volume of 1,279,614 shares, the days-to-cover ratio is currently 12.2 days. Currently, 20.2% of the company’s stock are short sold. Sears Holdings Corp (NASDAQ:SHLD) shares after opening at $33.47 moved to $39.33 on last trade day and at the end of the day closed at $38.33. Company price to sales ratio in past twelve months was calculated as 0.11 and price to cash ratio as 3.97. Sears Holdings Corp (NASDAQ:SHLD) showed a positive weekly performance of 1.42%.

Acacia Research Corp (NASDAQ:ACTG) is set to release its Q114 earnings data on Thursday, April 17th. Analysts expect Acacia Research Corp to post earnings of $0.25 per share and revenue of $238.48 million for the quarter. Acacia Research Corp (NASDAQ:ACTG) shares advanced 7.36% in last trading session and ended the day on $17.06. ACTG return on equity ratio is recorded as -9.60% and its return on assets is -8.60%. Acacia Research Corp (NASDAQ:ACTG) yearly performance is -40.74%.

Watsco (NYSE:WSO) released its earnings data on Thursday. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.47 by $0.01, American Banking News.com reports. The company had revenue of $763.00 million for the quarter, compared to the consensus estimate of $761.85 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. Watsco Inc (NYSE:WSO) shares moved up 5.36% in last trading session and was closed at $104.18, while trading in range of $ 101.10 – 105.23. Watsco Inc (NYSE:WSO) year to date (YTD) performance is 9.35%.

Power Secure International (NASDAQ:POWR) VP Gary J. Zuiderveen unloaded 17,500 shares of the stock on the open market in a transaction dated Friday, March 28th. The shares were sold at an average price of $23.94, for a total transaction of $418,950.00. Following the transaction, the vice president now directly owns 97,798 shares of the company’s stock, valued at approximately $2,341,284.Power Secure International, Inc. (NYSE:POWR) weekly performance is 10.37%. On last trading day company shares ended up $23.20. Power Secure International, Inc. (NYSE:POWR) distance from 50-day simple moving average (SMA50) is 3.32%. Analysts mean target price for the company is $26.90.

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