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Specialty Retail Stocks Under Scanner -- Tractor Supply, Etsy, Sotheby's, and ULTA Salon, Cosmetics & Fragrance
[October 24, 2016]

Specialty Retail Stocks Under Scanner -- Tractor Supply, Etsy, Sotheby's, and ULTA Salon, Cosmetics & Fragrance


NEW YORK, October 24, 2016 /PRNewswire/ --

Stock-Callers.com draws investors' attention today on four Specialty Retail equities, which are Tractor Supply Co. (NASDAQ: TSCO), Etsy Inc. (NASDAQ: ETSY), Sotheby's (NYSE: BID), and ULTA Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA). Despite deterioration in net income, the industry yielded a return on assets of 11.82% in Q3 2016, achieving the highest ROA within the retail category. Additionally, the industry achieved a return on average invested assets of 25.18%. You can access of our complimentary research reports on these stocks now at: http://stock-callers.com/registration

Tractor Supply  

Brentwood, Tennessee-based Tractor Supply Co.'s stock finished last Friday's session 0.09% lower at $64.93. A total volume of 2.50 million shares was traded, which was above their three months average volume of 1.93 million shares. Shares of the Company, which operates rural lifestyle retail stores in the US, are trading below their 50-day moving average by 12.68%. The stock has a Relative Strength Index (RSI) of 29.78.

On October 19th, 2016, Tractor Supply reported that net sales for Q3 2016 increased 4.5% to $1.54 billion from $1.48 billion in Q3 2015. Comparable average ticket decreased 1.1% while comparable store transaction counts remained positive with an increase of 0.5%, representing the 34th consecutive quarter of transaction count growth. The company's net income increased 2.4% to $89.4 million from $87.3 million, and diluted earnings per share increased 4.7% to $0.67 from $0.64 in Q3 2015.

On October 20th, 2016, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $72 a share to $65 a share. Visit us today and download your complete report on TSCO for free at: http://stock-callers.com/registration/?symbol=TSCO

Etsy Inc. 

Shares in Brooklyn, New York headquartered Etsy Inc. ended the day 0.56% lower at $14.23 with a total trading volume of 943,302 shares. The stock has surged 44.03% in the previous three months and 72.28% on an YTD basis. The Company's shares are trading 38.66% above their 200-day moving average. Moreover, shares of Etsy, which operates a marketplace to make, sell, and buy goods online and offline worldwide, have an RSI of 44.57.

On October 13th, 2016, research firm Wedbush resumed its 'Neutral' rating on the Company's stock with an increase of the target price from $13 a share to $15 a share.

On October 18th, 2016, Etsy announced that it will release its financial results for Q3 2016 on November 1st, 2016 in a press release after the market closes. Etsy will host a conference call to discuss those results at 5:30 p.m. ET on the same day. The complimentary research report on ETSY can be accessed at: http://stock-callers.com/registration/?symbol=ETSY

Sotheby's  

On Friday, shares in New York headquartered Sotheby'sdropped 2.46%, closing the session at $36.07. A total volume of 412,200 shares was traded. The stock has gained 13.39% in the previous three months and 40.02% since the start of this year. The Company's shares are trading 20.57% above their 200-day moving average. Additionally, shares of Sotheby's, which operates as an auctioneer of authenticated fine art, decorative art, jewelry, wine, and collectibles in the US, the UK, China, France, Switzerland, and internationally, have an RSI of 41.31.



As per notes filed with the SEC, on October 3rd, 2016, Sotheby's entered into a Share Repurchase Agreement with funds managed by Marcato Capital Management L.P., pursuant to which the Company agreed to purchase 2,050,000 shares of common stock, par value $0.01 per share, of the Company from the Sellers for an aggregate purchase price of $73,800,000. Register for free on Stock-Callers.com and download the PDF research report on BID at: http://stock-callers.com/registration/?symbol=BID

ULTA Salon, Cosmetics & Fragrance  


Bolingbrook, Illinois-based ULTA Salon, Cosmetics & Fragrance Inc.'s shares finished 0.81% lower at $252.36. A total volume of 517,243 shares was traded. The stock has gained 5.86% in the last month and 36.41% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 1.21% and 15.63%, respectively. Furthermore, shares of the company, which operates as a specialty retailer in the US, have an RSI of 51.87.

On October 13th, 2016, the company raised its Q3 FY16 comparable sales outlook, including e-commerce sales, to increase 14% to 15%, compared to previous guidance of 11% to 13%. Income per diluted share for Q3 FY16 is estimated to be in the range of $1.35 to $1.38 compared to prior guidance of $1.25 to $1.30. For FY16, the Company plans to achieve comparable sales growth of approximately 12% to 14% compared to previous guidance of 11% to 13%.

On October 14th, 2016, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $300 a share to $310 a share. Get free access to your research report on ULTA at: http://stock-callers.com/registration/?symbol=ULTA

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