Can There Be Too Much Of A Good Thing?

Friday, May 1, 2020

1-800-Flowers.com (FLWS)

Can There Be Too Much Of A Good Thing?

1-800-FLOWERS.COM, Inc. is the leading provider of gourmet and floral gifts for all occasions. For nearly 40 years, 1-800-FLOWERS® has been helping deliver smiles for customers with gifts for every occasion, including fresh flowers, premium, gift-quality fruits, and other gourmet items from Harry & David®, popcorn and specialty treats from The Popcorn Factory®; cookies and baked gifts from Cheryl’s®; premium chocolates and confections from Fannie May®; gift baskets and towers from 1-800-Baskets.com®; premium English muffins and other breakfast treats from Wolferman’s; carved fresh fruit arrangements from FruitBouquets.com; and top quality steaks and chops from Stock Yards®. The Company’s BloomNet® international floral wire service provides a broad range of quality products and value-added services designed to help professional florists grow their businesses profitably.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    A remarkable quarter.The company shrugged off the impact of mitigation efforts of CoVid 19 and the economic shutdown with fiscal third quarter results ending March 30 in line with expectations. Total company revenues increased a solid 12.2% to $278.8 million. The seasonal adj. EBITDA loss of $2.4 million was slightly better than our loss estimate of $2.7 million.

    Reiterates full year guidance. Revenue momentum seems to have accelerated in the fiscal fourth quarter. Management reiterated full year revenue guidance of 8% to 9% growth, adj. EBITDA growth of 13% to 15%, and EPS growth of 15% to 17%. Adjusting for the benefit of closing Harry & David stores, we are raising our…



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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Newrange Gold (NRGOF)(NRG:CA) – Ready to Break Out

Friday, May 1, 2020

Newrange Gold (NRGOF)(NRG:CA):

Ready to Break Out

As of April 24, 2020, Noble Capital Markets research on Newrange Gold is published under ticker symbols (NRGOF and NRG:CA). The price target is in USD and based on ticker symbol NRGOF. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target.
Newrange Gold Corp is an exploration stage company focused on acquiring and exploring exploration and evaluation assets in Colombia and the United States. The Company operates in a single reportable operating segment-the acquisition, exploration, and development of mineral properties. Some of the projects acquired by the company are Pamlico gold project in Nevada and Rocky mountain project in Colorado. The company also holds an interest in the Yarumalito property, El Dovio property and Anori property in Colombia.

Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Recent exploration confirms 2020 drilling program. Following recent exploration activities including LiDAR scans, channel sampling and completion of an Induced Polarization and Resistivity (IP) survey that generated several targets, exploration efforts at the company’s Pamlico project are poised to accelerate.

    Drilling could commence in mid-May. Drilling at the Gold Bar mine is expected to begin as early as mid-May. Drilling at Gold Bar will be part of a planned 5,000 to 10,000-meter drilling program conducted in the vicinity of Pamlico Ridge, including the Gold Bar, Good Hope and Pamlico mines. Additional drilling will test some of the anomalies revealed in the…


    Click here to get the full report.

This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.