Guggenheim

Shares of Worldpay Inc (NYSE: WP) have appreciated around 28 percent since the beginning of the year versus an 11-percent increase in S&P. The good news related to results and projections are now reflected in the share price, according to Guggenheim. The Analyst Guggenheim’s Jeff Cantwell...

Sinclair Broadcast Group Inc (NASDAQ: SBGI) reported solid fourth-quarter revenue and adjusted EBITDA Wednesday on the back of record political spending for the midterm election.  The company has repurchased around 11 percent of its total shares outstanding since August, and the key...

Brazilian payments company PagSeguro Digital Ltd (NYSE: PAGS) indicated its intention to continue focusing on growing its merchant base and increasing merchant engagement and retention during its fourth-quarter earnings call.  The company has a strong product suite to support these...

Global Payments Inc (NYSE: GPN) posted healthy fourth-quarter results Feb. 13, with revenue and adjusted EPS falling in line with expectations. Management gave positive commentary on SICOM/Xenial, highlighting momentum in the quick service restaurant space and upbeat independent software...

CBS Corporation (NYSE: CBS) provided updated guidance, reflecting combined direct-to-consumer subscribers of 25 million by 2022, high-single-digit revenue CAGR over the next three years and strong content investment in the first half of 2019. Moreover, around 70 percent of the company’s...

Yelp Inc (NYSE: YELP) reported fourth-quarter results ahead of its modest projections and announced disappointing guidance. The company’s performance continues to be impacted by model changes and 2019 could be a transition year, according to Guggenheim. The Analyst Guggenheim’s Jake...

Field checks suggest positive trends for the human resources software platform Workday Inc (NASDAQ: WDAY), according to Guggenheim. Although Workday's 2019 results may be heavily weighted toward the back end, the company appears poised for multiyear, multiproduct growth, the sell-side firm...

The revised first-quarter estimates for DISH Network Corp (NASDAQ: DISH) reflect higher subscriber-related revenue, along with an increase in subscriber acquisition costs and capex, according to Guggenheim. The Analyst Guggenheim’s Mike McCormack maintains a Buy rating on DISH Network, with...

Shopify Inc (NYSE: SHOP) reported some impressive holiday sales numbers, but the stock took a big hit after guidance fell short of the market’s expectations. Shopify revenue was up 54.3 percent to $343.86 million in the fourth quarter. But with shares up 30 percent year-to-date, traders took...

Although TripAdvisor Inc (NASDAQ: TRIP) reported a fourth-quarter EBITDA beat Tuesday, this was driven by a decline in ad spend. Two sell-side analysts found the downside in core hotel revenues, with declining monthly unique hotel shoppers, to be cause for concern.  The Analysts...

IAC/InterActive Corp (NASDAQ: IAC) has a path to a $2-3-billion valuation, according to Guggenheim.  The Analyst  Guggenheim analyst Jake Fuller maintains a Neutral rating on IAC/Interactive.  The Thesis Although ANGI Homeservices Inc (NASDAQ: ANGI) investments are headwinds,...

The market for telecom services remains highly competitive, with pressure on pricing and a continued shift from legacy to new technologies. Although Cogent Communications Holdings Inc (NASDAQ: CCOI) seems well-positioned, there is limited upside to the stock's valuation, according to...

Shares of German payments company Wirecard (OTC: WRCDF) are likely to come under pressure from external investigations after the Financial Times published reports alleging fraud and accounting malpractice, according to Guggenheim. The Analyst Guggenheim’s Jeff Cantwell downgraded ...

The 2019 guidance announced Thursday by The Western Union Company (NYSE: WU) reflects a tough operating environment. Although the company’s digital initiatives will generate revenue growth in the longer term, macro-related headwinds are likely to exert pressure on revenue growth in ...

PayPal Holdings Inc (NASDAQ: PYPL) is likely to witness near-term pressure on its payment volume growth due to Brexit, medium-term headwinds from eBay Inc (NASDAQ: EBAY) and intensifying competition, according to Guggenheim. The Analyst Guggenheim’s Jeff Cantwell downgrades PayPal from...