Sears Holdings Corporation (NASDAQ:SHLD) registered a -7.55% decrease, still its new closing price is -3.11% up from the company’s 1 year high of 19.12.It posted -26.47% losses in previous 5 sessions and is now the subject of 0 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 1 stock analysts following this company have an average price target at $9.00, with individual PT in the $9.00-$9.00 range. The shares moved at $6.86, implying that brokerage firms see shares losing about -59.53% in twelve months time.
Sears Holdings Corporation (SHLD) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -26.16% fall year to date. A Director, 10% Owner at Sears Holdings Corporation (SHLD) offloaded shares in a transaction closed on Thursday December 22, 2016. FAIRHOLME CAPITAL MANAGEMENT L sold 8,700 shares in the company at $9.43 each and collected $82,000 in proceeds. FAIRHOLME CAPITAL MANAGEMENT L now owns 27,716,348 shares in the company after this transaction. A Director, 10% Owner in the company, FAIRHOLME CAPITAL MANAGEMENT L, disclosed a transaction on Friday December 09, 2016 that ended up generating $568,000 from the sale of 46,200 shares at $12.3 per share.
Sears Holdings Corporation (NASDAQ:SHLD) Upcoming Results on Tap
Sears Holdings Corporation will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $-2.88 in that period. Sales during the quarter are predicted to arrive at $4.41 billion.
Sears Holdings Corporation (SHLD) Brokerage Update
Sears Holdings Corporation (SHLD) is in Credit Suisse’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underperform from Outperform by Credit Suisse, according to news reported on Monday January 14, 2008.Another important research note was issued by Bear Stearns on Friday August 31, 2007.The firm downgraded SHLD to Peer Perform from Outperform. Over the last six months and over the last three months, the shares of Sears Holdings Corporation (SHLD), have changed -55.48% and -38.59%, respectively.