Latest research

With the fear of a slowdown in the hotel space slowly starting to dissipate, Wyndham Hotels and Resorts, Inc. (WH) revealed more or less in-line 4QFY18 and FY18 earnings. While we have amended our target price, we believe WH’s repurchase program (purchased $119m of its $300m share repurchase program in 2018) will benefit investors in the short to mid-term period.
21 Feb 2019
Despite an earnings beat today, LogMeIn (LOGM) reported a weaker-than expected FY19 earnings guidance, which can create some near-term selling pressure. However, we still remain positive on the long-term growth potential in LOGM and will monitor if the activists holding LOGM will become active with the stock now trading outside its 2-year tax-free period since its February 2017 Spin.
15 Feb 2019
After being for years a multiple catalysts story, with one of those catalysts being a break-up to create shareholder value, Germany-based industrial conglomerate Thyssenkrupp AG (TKA GY) gave some insight into the structure of its milestone separation underway at its earnings release this week.
15 Feb 2019
With the highest-ever intraday share price increase (+14.2%) on a single day (Feb 12th) since its listing, despite the challenging market conditions, BHF’s management reiterates its long-term growth potential and reignites investor confidence in the stock.
14 Feb 2019
As Henry Schein (HSIC) pushes for greater shareholder value by spinning off its animal health business (click inside for Alert) and the ongoing consolidation in the space, we believe that Patterson Companies, Inc. (PDCO) will be monitoring this split closely and evaluating its own options of a break-up. PDCO is currently ripe for change. Click below for our Edge Angle.
13 Feb 2019
After being fully Spun off from its former Parent BGC Partners, Inc. (BGCP) on November 30, 2018, Newmark Group, Inc. (NMRK) reported a small earnings beat for its first earnings as a fully listed entity. As the fifth largest real estate broker by volume in the US and trading at a deep discount to its peer group, we recommend doing further work in the name.
13 Feb 2019