Today’s Market Runner: Sequential Brands Group Inc Can’t Burn Your Long Portfolio. Has Another Strong Session

Today's Market Runner: Sequential Brands Group Inc Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of Sequential Brands Group Inc (NASDAQ:SQBG) is a huge mover today! The stock increased 3.38% or $0.27 during the last trading session, hitting $8.27. About 163,710 shares traded hands. Sequential Brands Group Inc (NASDAQ:SQBG) has risen 14.78% since February 29, 2016 and is uptrending. It has outperformed by 2.56% the S&P500.
The move comes after 9 months positive chart setup for the $498.03M company. It was reported on Oct, 4 by We have $17.45 PT which if reached, will make NASDAQ:SQBG worth $552.81 million more.

Analysts await Sequential Brands Group Inc (NASDAQ:SQBG) to report earnings on November, 3. They expect $0.11 EPS, 0.00% or $0.00 from last year’s $0.11 per share. SQBG’s profit will be $6.62 million for 18.80 P/E if the $0.11 EPS becomes a reality. After $0.06 actual EPS reported by Sequential Brands Group Inc for the previous quarter, Wall Street now forecasts 83.33% EPS growth.

Sequential Brands Group Inc (NASDAQ:SQBG) Ratings Coverage

Out of 5 analysts covering Sequential Brands Group (NASDAQ:SQBG), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Sequential Brands Group has been the topic of 7 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by TH Capital on Monday, November 23. The firm has “Buy” rating given on Tuesday, June 21 by Brean Capital. On Wednesday, August 12 the stock rating was maintained by Canaccord Genuity with “Buy”. Roth Capital maintained it with “Buy” rating and $16 target price in Monday, November 23 report. The stock of Sequential Brands Group Inc (NASDAQ:SQBG) has “Buy” rating given on Thursday, December 17 by TH Capital. The firm has “Overweight” rating given on Wednesday, December 23 by Piper Jaffray.

According to Zacks Investment Research, “Sequential Brands Group Inc. is a licensing and brand management company focused on promoting, marketing and licensing a portfolio of consumer brands. The Company’s brands include William Rast(R) and People’s Liberation(R). It licenses its brands with respect to a broad range of products, including apparel, eyewear, footwear and fashion accessories, including handbags, watches and luggage. Sequential Brands Group Inc., formerly known as People’s Liberation, Inc., is headquartered in Pacific Palisades, California.”

More notable recent Sequential Brands Group Inc (NASDAQ:SQBG) news were published by: which released: “Sequential Brands Group Expands Martha Stewart Brand to Korea” on September 27, 2016, also with their article: “Sequential Brands Group and Martha Stewart Living Omnimedia Announce …” published on November 23, 2015, published: “Sequential Brands Group Appoints Andrew Cooper as President” on August 22, 2016. More interesting news about Sequential Brands Group Inc (NASDAQ:SQBG) were released by: and their article: “Sequential Brands Group’s (SQBG) CEO Yehuda Shmidman on Q2 2016 Results …” published on July 31, 2016 as well as‘s news article titled: “Sequential Brands Group Announces Launch of Office by Martha Stewart …” with publication date: February 22, 2016.

SQBG Company Profile

Sequential Brands Group, Inc., incorporated on June 5, 2015, owns a portfolio of consumer brands in the fashion, home, athletic and lifestyle categories. The Company’s portfolio of consumer brands includes Martha Stewart, Jessica Simpson, AND1, Avia and Ellen Tracy. The Company’s brands are licensed for a range of product categories, including apparel, footwear, eyewear, fashion accessories and home goods. The Firm licenses brands to both wholesale and direct-to-retail licensees.

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