Stock Upgrades And Downgrades From 2011/12/15
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Upgrades and downgrades are positive (negative) changes in the rating of a security. An upgrade is usually triggered by a steady improvement in the fundamentals and financials of the entity that has issued the security. Downgrade ratings are vice versa. Changes in the analyst rating could hit the company’s stock price significantly. Watch out the current rating decisions. Here is a current list of recent company upgrades and downgrades by brokerage firms for investors.
Upgrades:
Cintas (NASDAQ: CTAS) has a market capitalization of $3.96 billion. The company was upgraded by the brokerage firm Barclays Capital from “Underweight” to ”Equal Weight ($32)”. The stock price closed at $30.52 and has changed by 3.04% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 17.05, Price/Sales 1.01 and Price/Book 1.87. The earnings per share is expected to grow by 12.32% for next year and 11.56% for the upcoming 5 years.
ITC Holdings (NYSE: ITC) has a market capitalization of $3.68 billion. The company was upgraded by the brokerage firm Deutsche Bank from “Hold” to ”Buy ($79)”. The stock price closed at $71.77 and has changed by 0.84% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 22.50, Price/Sales 4.94 and Price/Book 3.06. The earnings per share is expected to grow by 21.39% for next year and 15.98% for the upcoming 5 years.
KiOR (NASDAQ: KIOR) has a market capitalization of $1.17 billion. The company was upgraded by the brokerage firm Robert W. Baird from “Underperform” to ”Neutral ($10)”. The stock price closed at $11.49 and has changed by 2.04% compared to the previous day. Here are the price ratios of the company: The P/E ratio is is not calculable, Price/Sales is not calculable and Price/Book 4.85. The earnings per share is expected to grow by 4.90% for next year and 34.00% for the upcoming 5 years.
Lam Research (NASDAQ: LRCX) has a market capitalization of $4.32 billion. The company was upgraded by the brokerage firm Needham from “Hold” to ”Buy ($46)”. The stock price closed at $36.17 and has changed by -8.38% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 7.50, Price/Sales 1.39 and Price/Book 1.85. The earnings per share is expected to grow by 112.83% for next year and 10.00% for the upcoming 5 years.
Leap Wireless (NASDAQ: LEAP) has a market capitalization of $641.49 million. The company was upgraded by the brokerage firm Mizuho from “Neutral” to ”Buy ($9.5)”. The stock price closed at $8.15 and has changed by 5.03% compared to the previous day. Here are the price ratios of the company: The P/E ratio is is not calculable, Price/Sales 0.21 and Price/Book 0.93. The earnings per share is expected to grow by 34.60% for next year and 3.33% for the upcoming 5 years.
MetroPCS (NYSE: TMUS) has a market capitalization of $3.03 billion. The company was upgraded by the brokerage firm Mizuho from “Neutral” to ”Buy ($10.5)”. The stock price closed at $8.44 and has changed by 3.05% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 13.40, Price/Sales 0.71 and Price/Book 1.08. The earnings per share is expected to grow by 18.67% for next year and 25.86% for the upcoming 5 years.
New York Community (NYSE: NYCB) has a market capitalization of $5.25 billion. The company was upgraded by the brokerage firm Standpoint Research from “Hold” to ”Buy ($16)”. The stock price closed at $12.00 and has changed by 1.27% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 10.34, Price/Sales 2.79 and Price/Book 0.94. The earnings per share is expected to grow by 0.00% for next year and 6.00% for the upcoming 5 years.
Skyworks (NASDAQ: SWKS) has a market capitalization of $2.68 billion. The company was upgraded by the brokerage firm Deutsche Bank from “Hold” to ”Buy ($23)”. The stock price closed at $14.29 and has changed by 1.78% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 12.01, Price/Sales 1.89 and Price/Book 1.66. The earnings per share is expected to grow by 10.05% for next year and 16.73% for the upcoming 5 years.
TECO Energy (NYSE: TE) has a market capitalization of $3.96 billion. The company was upgraded by the brokerage firm Deutsche Bank from “Sell” to ”Hold ($17)”. The stock price closed at $18.34 and has changed by 1.95% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 14.33, Price/Sales 1.17 and Price/Book 1.75. The earnings per share is expected to grow by 11.45% for next year and 5.58% for the upcoming 5 years.
ViroPharma (NASDAQ: VPHM) has a market capitalization of $1.96 billion. The company was upgraded by the brokerage firm WBB Securities from “Buy” to ”Strong Buy ($31.25)”. The stock price closed at $27.80 and has changed by 0.00% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 18.91, Price/Sales 3.77 and Price/Book 2.32. The earnings per share is expected to grow by -31.39% for next year and 7.13% for the upcoming 5 years.
Downgrades:
BioSante (NASDAQ: BPAX) has a market capitalization of $52.83 million. The company was downgraded by the brokerage firm JMP Securities from “Mkt Outperform” to ”Mkt Perform”. In addition, the company “MLV & Co” downgraded BPAX from “Buy” to ”Hold”. Finally, brokerage firm “Rodman & Renshaw” changed their rating from “Mkt Outperform” to ”Mkt Perform”. The stock price closed at $0.48 and has changed by -77.35% compared to the previous day. Here are the price ratios of the company: The P/E ratio is is not calculable, Price/Sales 114.84 and Price/Book 1.20. The earnings per share is expected to grow by 31.70% for next year and not forecasted for the upcoming 5 years.
Borg Warner (NYSE: BWA) has a market capitalization of $6.90 billion. The company was downgraded by the brokerage firm UBS from “Buy” to ”Neutral ($68)”. The stock price closed at $62.93 and has changed by 1.66% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 14.50, Price/Sales 1.00 and Price/Book 2.87. The earnings per share is expected to grow by 20.59% for next year and 23.10% for the upcoming 5 years.
CNB Financial (NASDAQ: CCNE) has a market capitalization of $184.26 million. The company was downgraded by the brokerage firm Boenning & Scattergood from “Outperform” to ”Neutral”. The stock price closed at $14.92 and has changed by -13.31% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 12.97, Price/Sales 2.85 and Price/Book 1.41. The earnings per share is expected to grow by 11.90% for next year and not forecasted for the upcoming 5 years.
First Solar (NASDAQ: FSLR) has a market capitalization of $2.72 billion. The company was downgraded by the brokerage firm Robert W. Baird from “Outperform” to ”Neutral ($35)”. The stock price closed at $31.45 and has changed by -5.98% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 5.17, Price/Sales 1.00 and Price/Book 0.67. The earnings per share is expected to grow by 7.40% for next year and 20.10% for the upcoming 5 years.
Lufkin Industries (NASDAQ: LUFK) has a market capitalization of $1.99 billion. The company was downgraded by the brokerage firm Howard Weil from “Market Outperform” to ”Market Perform ($75)”. The stock price closed at $65.46 and has changed by -2.46% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 33.74, Price/Sales 2.36 and Price/Book 3.78. The earnings per share is expected to grow by 76.57% for next year and 14.00% for the upcoming 5 years.
Magma Design (NASDAQ: LAVA) has a market capitalization of $490.79 million. The company was downgraded by the brokerage firm Needham from “Buy” to ”Underperform”. The stock price closed at $7.17 and has changed by -0.14% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 89.63, Price/Sales 3.35 and Price/Book 15.93. The earnings per share is expected to grow by 31.71% for next year and 20.00% for the upcoming 5 years.
Novellus (NASDAQ: NVLS) has a market capitalization of $2.69 billion. The company was downgraded by the brokerage firm RBC Capital Mkts from “Outperform” to ”Sector Perform ($44)”. The stock price closed at $40.37 and has changed by 16.34% compared to the previous day. Here are the price ratios of the company: The P/E ratio is 11.74, Price/Sales 1.85 and Price/Book 2.77. The earnings per share is expected to grow by -12.09% for next year and 10.17% for the upcoming 5 years.