• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 439657 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1413809701 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1413809701 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

hhgregg Earnings Review: 9 Days after Announcement Shares Up 13.0% (HGG)

Published on Sat, 02/09/2013 - 09:20
By Mallory Stone

When hhgregg (NYSE:HGG) reported earnings 9 days ago on January 31st, 2013, analysts, on average, expected the company to report earnings of $0.51 on sales of $803.9 million. The company actually reported EPS of $0.52 on sales of $799.6 million, beating EPS estimates by $0.01 and missing revenue estimates by $4.2 million. Shares of hhgregg have climbed from $8.48 to $9.58, representing a gain of 13.0% since the company reported earnings 9 days ago.

Based on a current price of $9.58, hhgregg is currently 16.8% above its average consensus analyst price target of $7.97. The stock should find initial support at its 200-day moving average (MA) of $8.28 and further support at its 50-day MA of $7.74.

In the past 52 weeks, hhgregg share prices have been bracketed by a low of $5.84 and a high of $13.12 and closed Thursday at $9.58, 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 2.0%.

hhgregg, Inc. retails video products, brand name appliances, audio products and accessories.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Shares of Photronics Underperformed its ...

Below are five companies in the Semiconductor Equipment industry that underperformed ye ...

Analysis of Relative Performance in the ...

Here are 5 stocks in the Retail REITs industry ranked by performance. We compiled the ...

Shares of Krispy Kreme Doughnuts Underpe...

Below are five companies in the Restaurants industry that underperformed yesterday on a ...

Bottom 5 Companies in the Residential RE...

Here are 5 stocks in the Residential REITs industry ranked by performance. We compiled ...

Shares of M&T Bank Underperformed its Pe...

Analysis was conducted on the Regional Banks industry to measure relative performance t ...

Shares of MBIA Underperformed its Peers ...

Below are five companies in the Property & Casualty Insurance industry that underperfor ...

Shares of First Majestic Silver Underper...

Here are 5 stocks in the Precious Metals & Minerals industry ranked by performance. We ...

Bottom 5 Companies in the Personal Produ...

Analysis was conducted on the Personal Products industry to measure relative performanc ...