Earnings Predictions
for the
Week Beginning December 04, 2017

-- Plenty More Reports To Come! –

Continue To Hit The Profit Target!

by Ian Harvey

December 04, 2017

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Hit The Target!

Last Week’s Successful Recommended Options Trades Results for:

“ARMCHAIR” MEMBERS

DATE TRADE GAIN
November 27, 2017 THO DEC 15 2017 140.000 CALL 302%

“CUT-TO-THE-CHASE” MEMBERS

DATE TRADE GAIN
November 27, 2017 GWRE DEC 15 2017 80.000 PUT P.P: 193%
November 28, 2017 MTVL DEC 15 2017 24.000 CALL P.P: 67%
November 29, 2017 FIVE DEC 15 2017 65.000 CALL P.P: 134%
November 29, 2017 NTNX DEC 15 2017 37.500 CALL P.P: 150%

“ALL INCLUSIVE” MEMBERS

DATE TRADE GAIN
November 27, 2017 THO DEC 15 2017 140.000 CALL 302%
November 27, 2017 GWRE DEC 15 2017 80.000 PUT P.P: 193%
November 28, 2017 MTVL DEC 15 2017 24.000 CALL P.P: 67%
November 29, 2017 FIVE DEC 15 2017 65.000 CALL P.P: 134%
November 29, 2017 NTNX DEC 15 2017 37.500 CALL P.P: 150%

Don’t miss out – check out further options trades recommended for the week ahead by becoming a member of Stock Options Made Easy.

A Look Back At Earnings Predictions for Week Beginning November 27, 2017              

Earnings Results for the Week Beginning November 20, 2017

DATE TRADE GAIN
November 27, 2017 TECD JAN 19 2018 95.000 CALL P.P: 144%
November 28, 2017 TIF DEC 15 2017 95.000 CALL P.P: 75%
November 30, 2017 AMBA DEC 15 2017 57.500 PUT P.P: 41%

NOTE: P.P: – Potential Profit


Options Trades to Consider Based on Expected Earnings Reports:

Tuesday, December 05

G-III Apparel Group, Ltd. (NASDAQ:GIII) – is expected to report earnings before the market opens. The report will be for the fiscal Quarter ending Oct 2017. Based on 6 analysts' forecasts, the consensus EPS forecast for the quarter is $1.52. The reported EPS for the same quarter last year was $1.50.

The company's Consensus Estimate for the current quarter has moved higher over the past few months, suggesting that more solid trading could be ahead for G-III Apparel Group.

G-III Apparel Group has enjoyed a 60.11% run-up in share price since hitting record low of $18.00. The company shares are 14.5% off its target price of $33 and the current market capitalization stands at $1.42B. The recent change has given its price a 7.73% lead over SMA 50 and -11.57% deficit over its 52-week high. The stock witnessed 10.29% gains, 6.86% gains and 47.27% gains for the 1-month, 3-month and 6-month period, respectively.

At the end of 09/30/2017 reporting period, 91 institutional holders increased their position in G-III Apparel Group by some 8,210,739 shares,

4 analysts rate G-III Apparel Group, LTD. a Buy or Strong Buy, which is 57.14% of all the analyst ratings.

Option trade to consider: Buy the GIII DEC 15 2017 30.000 CALL at approximately $1.90.

AutoZone, Inc. (NYSE:AZO) – this auto parts retailer is scheduled to report its fiscal first-quarter numbers before the market opens. The consensus earnings estimate is $9.80 per share on revenue of $2.54 billion, up from $9.36 during the same period last year; and the Earnings Whisper number is $9.85 per share.

After an early summer sell off following a disappointing quarterly report in May, AZO shares have trended higher over the last five months, due in part to a strong fiscal Q4 report in September. Even with the recent gains, the stock remains attractively priced, with a P/E of just 15.5, so there is upside potential should the company top estimates for the recent quarter.

Consensus estimates are for year-over-year earnings growth of 4.70% with revenue increasing by 2.92%.

AZO was recently trading at $687.08, down $126.62 from its 12-month high and $195.95 above its 12-month low. Overall technical indicators for AZO are bullish and the stock is in a strong upward trend.

The stock has recent support above $625.00, and recent resistance below $703.50. Of the 17 analysts who cover the stock, six rate it a “strong buy”, and 11 rate it a “hold”.

Option trade to consider: Buy the AZO DEC 15 2017 720.000 CALL at approximately $9.70.  

Wednesday, December 06

Lululemon Athletica inc. (NASDAQ:LULU) – this athletic goods retailer will report its third-quarter numbers after the market closes. Analysts expect earnings of $0.52 per share, versus $0.47 during the same period last year; on revenue of $611.68 million and the Earnings Whisper number is $0.55 per share.

Shares have trended steadily higher since mid-summer on the back of two straight better than expected reports. Enthusiasm has returned to the stock, and with both Foot Locker (FL) and Hibbett Sports (HIBB) already posting strong numbers this earnings season, the outlook is favorable for Lululemon’s results.

Overall earnings estimates have been revised higher since the company's last earnings release.

LULU was recently trading at $67.06, down $5.64 from its 12-month high and $19.80 above its 12-month low. Technical indicators for LULU are bullish and the stock is in a strong upward trend.

The stock has recent support above $63.50 and recent resistance below $68.60.

Of the 25 analysts who cover the stock, 12 rate it a “strong buy”, two rate it a “buy”, 10 rate it a “hold”, and one rates it a “strong sell”.

Option trade to consider: Buy the LULU DEC 15 2017 70.000 CALL at approximately $2.20.

Thursday, December 07

Vail Resorts, Inc. (NYSE:MTN) will report earnings before the market opens. The report will be for the fiscal Quarter ending Oct 2017. Analysts expect Vail Resorts to report $-1.85 EPS on December, 8.They anticipate $0.15 EPS change or 8.82 % from last quarter’s $-1.7 EPS. After having $-1.43 EPS previously, Vail Resorts, Inc.’s analysts see 29.37 % EPS growth.

Vail Resorts has risen 61.08% since December 1, 2016 and is up-trending. It has outperformed the S&P500 by 44.38%.

The summer season is a significant drag on profits for ski operators but it is an area where improvement can happen rapidly. Season pass sales heading into the winter were strong up to September 23rd. Total passes sold were 17% above last year and 23% higher in total revenue. This includes the acquisitions since last year of Whistler and Stowe on the east coast of the United States. The loss during this off-period declined nicely as margins and revenue both increased.

In Q3 2017, operating loss was 27.3% of net revenue, versus 36.2% of net revenue in the 2016 period. The decrease in losses is being powered by additional food and ticket sales from outdoors summer activities. Many of the Colorado-based resorts as well as Whistler have impressive zip lining, mountain biking and ropes courses bringing summer visitors. They are continuing to invest in 'epic discovery' experiences to entice off-season visits and incremental margin dollars.

Vail Resorts had its price target lifted by Bank of America Corporation from $245.00 to $250.00 in a report published on Friday, November 10th. Bank of America Corporation currently has a buy rating on the stock.

Eight research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $250.25.

Option trade to consider: Buy the MTN DEC 15 2017 230.000 CALL at approximately $1.80.

Toro Co. (NYSE:TTC) -- a leading worldwide provider of innovative solutions for the outdoor environment will report earnings before the market opens. The report will be for the fiscal Quarter ending Oct 2017. Based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $0.29. The reported EPS for the same quarter last year was $0.27. Wall Street brokerages expect that Toro will announce $489.20 million in sales for the current fiscal quarter.

According to Zacks, analysts expect that Toro Company (The) will report full year sales of $489.20 million for the current fiscal year, with estimates ranging from $2.50 billion to $2.51 billion. For the next financial year, analysts forecast that the firm will post sales of $2.66 billion per share, with estimates ranging from $2.64 billion to $2.67 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Toro Company (The).

Option trade to consider: Buy the TTC DEC 15 2017 65.000 CALL at approximately $1.75.  

An Important Note: That these suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.

If you wish to receive more options trading recommendations similar to this, which will help boost your portfolio strategy, get on board with the members of Stock Options Made Easy.

Our proven track record says it all!!


Best of Trading,
Ian Harvey
Director of Stock Options Made Easy


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