Craft Brew Alliance (BREW) Now Covered By Stifel Nicolaus with $19 Target; Shorts at Virco Manufacturing (VIRC) Lowered By 10.34%

December 6, 2017 - By Vivian Park

Virco Manufacturing Corporation (NASDAQ:VIRC) had a decrease of 10.34% in short interest. VIRC’s SI was 2,600 shares in December as released by FINRA. Its down 10.34% from 2,900 shares previously. With 7,900 avg volume, 0 days are for Virco Manufacturing Corporation (NASDAQ:VIRC)’s short sellers to cover VIRC’s short positions. The SI to Virco Manufacturing Corporation’s float is 0.03%. It closed at $5.4 lastly. It is down 14.99% since December 6, 2016 and is uptrending. It has underperformed by 1.71% the S&P500.

Among 7 analysts covering Craft Brew Alliance (NASDAQ:BREW), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Craft Brew Alliance has $23.0 highest and $10 lowest target. $19.17’s average target is -1.94% below currents $19.55 stock price. Craft Brew Alliance had 15 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Craft Brew Alliance, Inc. (NASDAQ:BREW) earned “Buy” rating by Sidoti on Thursday, August 4. Cowen & Co maintained Craft Brew Alliance, Inc. (NASDAQ:BREW) on Thursday, November 9 with “Buy” rating. The firm has “Buy” rating by Cowen & Co given on Tuesday, September 12. The firm has “Buy” rating given on Monday, October 2 by Susquehanna. The stock has “Buy” rating by TH Capital on Thursday, August 6. Citigroup maintained Craft Brew Alliance, Inc. (NASDAQ:BREW) on Friday, September 2 with “Neutral” rating. The rating was maintained by Cowen & Co on Thursday, July 13 with “Buy”. Citigroup maintained Craft Brew Alliance, Inc. (NASDAQ:BREW) on Monday, November 13 with “Neutral” rating. The stock of Craft Brew Alliance, Inc. (NASDAQ:BREW) earned “Neutral” rating by Citigroup on Wednesday, June 15. The firm has “Neutral” rating by Citigroup given on Friday, August 5.

Among 2 analysts covering Virco Mfg. (NASDAQ:VIRC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Virco Mfg. has $600 highest and $3.25 lowest target. $4.63’s average target is -14.26% below currents $5.4 stock price. Virco Mfg. had 3 analyst reports since September 22, 2015 according to SRatingsIntel. Wedbush initiated it with “Buy” rating and $600 target in Wednesday, June 21 report. The firm has “Strong-Buy” rating by Zacks given on Tuesday, September 22.

Investors sentiment decreased to 0.67 in Q2 2017. Its down 0.73, from 1.4 in 2017Q1. It is negative, as 1 investors sold Virco Mfg. Corporation shares while 8 reduced holdings. 4 funds opened positions while 2 raised stakes. 4.21 million shares or 1.10% more from 4.16 million shares in 2017Q1 were reported. Lsv Asset Mngmt holds 0% or 33,100 shares. Fincl Bank Of New York Mellon stated it has 20,448 shares. Moreover, Nationwide Fund has 0% invested in Virco Mfg. Corporation (NASDAQ:VIRC) for 1,500 shares. James Research Inc has 7,525 shares. Moreover, Thompson Davis & has 0.04% invested in Virco Mfg. Corporation (NASDAQ:VIRC) for 5,000 shares. Acadian Asset Mngmt Llc has invested 0% in Virco Mfg. Corporation (NASDAQ:VIRC). Bridgeway Mgmt Inc holds 32,200 shares. Deutsche Bancshares Ag reported 4,027 shares or 0% of all its holdings. Moreover, Minerva Limited Liability Corporation has 3.07% invested in Virco Mfg. Corporation (NASDAQ:VIRC). Geode Capital Mngmt Ltd Liability Corporation reported 0% of its portfolio in Virco Mfg. Corporation (NASDAQ:VIRC). Morgan Stanley reported 902 shares. Dimensional Fund Limited Partnership holds 0% in Virco Mfg. Corporation (NASDAQ:VIRC) or 470,884 shares. Jpmorgan Chase Company has 0% invested in Virco Mfg. Corporation (NASDAQ:VIRC). Renaissance Tech accumulated 0% or 200,733 shares. Northern has invested 0% in Virco Mfg. Corporation (NASDAQ:VIRC).

Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States. The company has market cap of $82.93 million. It offers seating products, including 4-leg chairs, cantilever and tablet arm chairs, work surfaces and compact footprints, steel-frame rockers, stools, task and classroom chairs, stack and folding chairs, hard plastic seats, upholstered stack and ergonomic chairs, and plastic stack chairs. It has a 3.81 P/E ratio. The firm also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU holders, support columns, desks and workstations, specialty tables, instructor media stations and towers, and other products.

Analysts await Craft Brew Alliance, Inc. (NASDAQ:BREW) to report earnings on March, 15. They expect $0.02 earnings per share, 0.00% or $0.00 from last year’s $0.02 per share. BREW’s profit will be $385,930 for 244.38 P/E if the $0.02 EPS becomes a reality. After $0.09 actual earnings per share reported by Craft Brew Alliance, Inc. for the previous quarter, Wall Street now forecasts -77.78% negative EPS growth.

Investors sentiment decreased to 1.06 in Q2 2017. Its down 0.03, from 1.09 in 2017Q1. It turned negative, as 9 investors sold Craft Brew Alliance, Inc. shares while 22 reduced holdings. 12 funds opened positions while 21 raised stakes. 5.89 million shares or 0.15% more from 5.88 million shares in 2017Q1 were reported. Fred Alger Inc has invested 0.01% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). Rmb Cap Mgmt Ltd Liability Com reported 58,802 shares. Psagot Inv House invested in 0% or 1,000 shares. Wells Fargo Mn invested 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). Raymond James Advsr has 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 18,597 shares. Columbia Pacific Ltd Liability Corporation has invested 0.95% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Citadel Advsr Limited Liability Company accumulated 18,317 shares. Advisory Svcs Ntwk Ltd Liability Co holds 29 shares. State Street has 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 208,916 shares. Wellington Shields Mgmt Ltd Liability Company has 0.09% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 34,500 shares. New Jersey-based Systematic Fincl Ltd Partnership has invested 0.05% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Oberweis Asset Mgmt reported 57,500 shares. 380,000 were accumulated by Marcato Limited Partnership. Metropolitan Life New York holds 9,533 shares. Cannell Lc holds 1.11% or 231,545 shares in its portfolio.

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