Tuesday Pre-Market Look: Stocks In The News Before The Open

Target (TGT) is down 12% in pre-market trading after it reported Q4 adjusted EPS of $1.45, below consesnsus of $1.51, and said it expects full-year adjusted EPS of $3.80 to $4.20, well below expectations of $5.34.

Fiesta Restaurant Group (FRGI) plunged 13% in after-hours trading after it said it will suspend its sale evaluation process due to “softer” company performance and a “weak” industry outlook.

Kona Grill (KONA) slumped nearly 10% in after-hours trading after it reported a Q4 adjusted loss of -39 cents a share, wider than consensus for -33 cents a share loss.

Essendant (ESND) tumbled 11% in after-hours trading after it reported an unexpected Q4 adjusted loss of -2 cents a share, much weaker than consensus for a 28 cent EPS gain.

Triangle Capital (TCAP) dropped 4% in after-hours trading after it announced the commencement of a public offering of 7 million shares of common stock.

Nutrisystem (NTRI) jumped over 15% in after-hours trading after it reported Q4 EPS of 29 cents, better than consensus of 24 cents, and said it sees Q1 revenue of $202 million-$207 million, above consensus of $179.3 million.

Silver Bay Realty Trust (SBY) surged 17% in after-hours trading after Tricon Capital bought the company for $1.4 billion, or $21,50 a share, an 18% premium to Monday’s closing price.

58.com (WUBA) rose 3% in after-hours trading after it reported Q4 gross margin of 89.9%, below consensus of 90.5%.

Kindred Healthcare (KND) rose over 4% in after-hours trading after it reported Q4 core EPS of 8 cents, better than consensus of 5 cents, and then said it sees full-year revenue of $7.1 billion-$7.3 billion, above consensus of $6.89 billion.

Priceline Group (PCLN) rallied over 3% in after-hours trading after it reported Q4 adjusted EPS of $14.21, well above consensus of $12.97.

Jabil Circuit (JBL) was dowmngraded to ‘Market Perform’ from ‘Strong Buy’ at Raymond James.

U.S. Steel (X) rose 3% in after-hours trading after it was upgraded to ‘Outperform’ from Market Perform’ at Cowen.

Square (SQ) slid 2% in after-hours trading after it announced a $350 million offering of convertible senior notes due in 2022.

Hertz Global Holdings (HTZ) climbed over 2% in after-hours trading after Gamco said it increased its stake in the company to 6.18% from 5.1%.

EOG Resources (EOG) gained 2% in after-hours trading after it reported a Q4 adjusted loss of -1 cent a share, narrower than expectations for a -14 cent a share loss.

Hudson Pacific Properties (HPP) lost nearly 2% in after-hours trading after it announced the commencement of a public offering of 8.5 million shares of common stock.

Realty Income (O) lost nearly 2% in after-hours trading after it announced the commencement of a public offering of 8 million shares of common stock.

Source: FoxBusiness, Bloomberg, CNBC, Barchart, Reuters