$0.23 EPS Expected for DAVIDsTEA Inc. (DTEA); Knightsbridge Asset Management Raised Its Bank Amer (BAC) Position

March 13, 2018 - By Dolores Ford

Analysts expect DAVIDsTEA Inc. (NASDAQ:DTEA) to report $0.23 EPS on April, 11.They anticipate $0.06 EPS change or 20.69% from last quarter’s $0.29 EPS. DTEA’s profit would be $5.94 million giving it 3.91 P/E if the $0.23 EPS is correct. After having $-0.14 EPS previously, DAVIDsTEA Inc.’s analysts see -264.29% EPS growth. The stock decreased 6.49% or $0.25 during the last trading session, reaching $3.6. About 13,529 shares traded. DAVIDsTEA Inc. (NASDAQ:DTEA) has declined 44.49% since March 13, 2017 and is downtrending. It has underperformed by 61.19% the S&P500.

Knightsbridge Asset Management Llc increased Bank Amer Corp (BAC) stake by 19.55% reported in 2017Q3 SEC filing. Knightsbridge Asset Management Llc acquired 62,487 shares as Bank Amer Corp (BAC)’s stock declined 6.00%. The Knightsbridge Asset Management Llc holds 382,153 shares with $9.68M value, up from 319,666 last quarter. Bank Amer Corp now has $336.40B valuation. The stock increased 0.37% or $0.12 during the last trading session, reaching $32.84. About 60.32M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since March 13, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 106 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Bank of America Corporation (NYSE:BAC) rating on Sunday, August 13. Keefe Bruyette & Woods has “Buy” rating and $2800 target. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Tuesday, September 1 by Robert W. Baird. The rating was upgraded by Macquarie Research to “Underperform” on Tuesday, August 25. As per Tuesday, August 25, the company rating was maintained by Deutsche Bank. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Wednesday, April 5 by RBC Capital Markets. The firm earned “Outperform” rating on Thursday, September 10 by Wells Fargo. On Tuesday, November 8 the stock rating was downgraded by Deutsche Bank to “Hold”. The stock has “Neutral” rating by UBS on Wednesday, January 11. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, October 3. The stock has “Hold” rating by Berenberg on Monday, April 24.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.15, from 1.04 in 2017Q2. It increased, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. Ptnrs Ltd Oh Adv owns 15,256 shares for 0.33% of their portfolio. Parsons Ri has 0.18% invested in Bank of America Corporation (NYSE:BAC) for 58,575 shares. Brighton Jones Ltd Limited Liability Company holds 0.2% or 61,611 shares. Moreover, Baxter Bros Inc has 0.34% invested in Bank of America Corporation (NYSE:BAC) for 46,268 shares. 999,000 were accumulated by Canyon Capital Advsrs Llc. 89,346 were reported by Bingham Osborn & Scarborough Ltd Company. Douglass Winthrop Llc reported 17,407 shares. Barometer Inc accumulated 508,400 shares. Principal Fin Grp Incorporated accumulated 18.97M shares. Colony Limited Liability Company holds 0.05% of its portfolio in Bank of America Corporation (NYSE:BAC) for 30,307 shares. Martingale Asset Mngmt LP holds 14,570 shares or 0% of its portfolio. Freestone Cap Hldgs Limited Liability Co has 76,229 shares. Conning Inc reported 302,939 shares. Ghp reported 0.2% in Bank of America Corporation (NYSE:BAC). North Carolina-based Boys Arnold & has invested 0.18% in Bank of America Corporation (NYSE:BAC).

DAVIDsTEA Inc. operates as a retailer of specialty tea in Canada and the United States. The company has market cap of $93.04 million. The firm offers approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages. It currently has negative earnings. It provides loose-leaf tea in white, green, oolong, black, pu'erh, mate, rooibos, and herbal tea categories.

Among 3 analysts covering DAVIDsTEA Inc (NASDAQ:DTEA), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. DAVIDsTEA Inc had 8 analyst reports since September 10, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of DTEA in report on Thursday, September 7 with “Hold” rating. BMO Capital Markets downgraded DAVIDsTEA Inc. (NASDAQ:DTEA) on Friday, December 9 to “Market Perform” rating. The stock of DAVIDsTEA Inc. (NASDAQ:DTEA) has “Underperform” rating given on Tuesday, December 13 by Bank of America. BMO Capital Markets maintained it with “Hold” rating and $5.5000 target in Wednesday, June 7 report. The firm has “Market Perform” rating given on Friday, December 9 by William Blair.