Tag: UTi Worldwide

  • Services Sector Top Losers: UTi Worldwide (NASDAQ:UTIW), Teekay Tankers (NYSE:TNK), hhgregg (NYSE:HGG), Document Security Systems (NYSEMKT:DSS)

    A number of analysts have recently weighed in on UTi Worldwide Inc. (NASDAQ:UTIW) shares. Analysts at Stifel Nicolaus cut their price target on shares of UTi Worldwide from $18.00 to $14.00 in a research note on Tuesday, March 11th. Separately, analysts at FBR Capital Markets cut their price target on shares of UTi Worldwide from $15.00 to $11.00 in a research note on Monday, March 10th. They now have a “market perform” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of UTi Worldwide from $22.00 to $14.00 in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $14.23. UTi Worldwide Inc. (NASDAQ:UTIW) shares after opening at $11.19 moved to $11.42 on last trade day and at the end of the day closed at $10.59. Company price to sales ratio in past twelve months was calculated as 0.24 and price to cash ratio as 6.48. UTi Worldwide Inc. (NASDAQ:UTIW) showed a negative weekly performance of -7.83%.

    The average rating on Teekay Tankers (NYSE:TNK) shares is a “Hold” from the 11 ratings firms that are now covering the company. Five research-analysts have now rated the Teekay Tankers Ltd (NYSE:TNK) stock with a hold” rating and 4 have assigned a “buy” rating on the company. The average 12 -month PT among brokerages which have issued their ratings on the Teekay Tankers Ltd (NYSE:TNK) stock in the past year is $16.71. Recently, numerous research firms have weighed on the Teekay Tankers Ltd (NYSE:TNK) stock. Analysts at UBS AG have initiated their coverage on Teekay Tankers Ltd (NYSE:TNK) in the research note on 13 March 13th.Teekay Tankers Ltd. (NYSE:TNK) shares fell -7.09% in last trading session and ended the day on $3.54. TNK return on equity ratio is recorded as -131.10% and its return on assets is -34.80%. Teekay Tankers Ltd. (NYSE:TNK) yearly performance is 29.67%.

    To celebrate the start of the men’s and women’s college basketball tournament, appliance and electronics leader hhgregg, Inc. (NYSE:HGG) launched its “March into hhgregg, Inc. (NYSE:HGG) event,” which will award more than $50,000 in prizes from LG Electronics (LG). Through April 7, h.h. gregg shoppers can enter daily online, via smartphone, on Facebook and in-store. Winners will be selected instantly, weekly, and one grand prize winner will be selected on April 8.hhgregg, Inc. (NYSE:HGG) shares moved down -5.60% in last trading session and was closed at $9.61, while trading in range of $9.49-$10.24. hhgregg, Inc. (NYSE:HGG) year to date performance is -31.21%.

    Document Security Systems, Inc. (NYSEMKT:DSS), a leading developer and integrator of security technologies, on March 26, 2014 announced its 2013 fourth quarter and full-year financial results.During the fourth quarter, the Company continued to improve the profitability of its production business and strengthen its IP portfolio,” said Jeff Ronaldi, CEO of Document Security Systems. “Our Printing and Packaging operations are now housed in one location, which will streamline customer service and generate cost savings for the Company starting in 2014.  In addition, we strengthened our IP portfolio with our suit against Apple and our licensing and advisory services partnership with Express Mobile. Overall, we are confident in the direction of the Company for 2014.Document Security Systems, Inc. (NYSEMKT:DSS) weekly performance is -9.86%. On last trading day company shares ended up $1.28. Document Security Systems, Inc. (NYSEMKT:DSS)  distance from 50-day simple moving average is -18.09%. Analysts mean target price for the company is $4.00.