Mazor Robotics (MZOR: $60)
Bull Market Report Target Price: $70
Bull Market Report Sell Price: $40, raised now to $52
Earnings Date: Wednesday, before the market open
Consensus: 4Q17
Revenues: $17 million
EPS: -$0.15
Year Ago Quarter Results
Revenues: $14 million
EPS: -$0.18
Key Things to Watch For in the Quarter
Analysts expect Mazor to report a 21% increase in revenues with a slight decrease in its earnings deficit for 4Q17. The stock is up 160% over the last year. We are intrigued by the firm’s ability to grow its top line, and expect them to turn a profit later in 2018 and in 2019. Mazor operates in a niche market where they produce spinal surgical robotics, and we expect the demand for their products to increase with the aging population.
------------------------------------------------------------------------------------------------------
Shopify (SHOP: $126)
Bull Market Report Target Price: $125
Bull Market Report Sell Price: $105
Earnings Date: Thursday, 8:30 AM ET
Consensus: 4Q17
Revenues: $210 million
EPS: $0.05
Year Ago Quarter Results
Revenues: $130 million
EPS: $0.00
Key Things to Watch For in the Quarter
Shopify is expected to report a 60% increase in revenues (huge!) and a slight increase in earnings for 4Q17. The firm has beaten estimates in each of the past four quarters, which has been reflected in the stock’s 120% appreciation since this time last year. Since this is the firm’s first quarter reporting profitability, we expect the Street to react positively. The stock has shown a strong ability to grow its top line which will continue as e-commerce grows throughout Canada and the U.S. and the rest of the world.
The stock is right at our Target, and we would like it to move into the 130s before we raise the Target. We are quite confident this will happen soon. Maybe Andrew Left will short MORE stock! Yea.