Hansen Natural (HANS) NewsBite - HANS Earnings Disappoint
Posted: Friday, November 06, 2009 9:56 AM EDT
By: Market Intelligence Center Staff
Hansen Natural (NasdaqNM: HANS) opened at $33.22. So far today, the stock has hit a low of $32.95 and a high of $34.88. HANS is now trading at $34.42, down $2.56 (-6.92%). Over the last 52 weeks the stock has ranged from a low of $22.44 to a high of $44.02. HANS reported earnings last night, posting a third-quarter profit of $56.5 million, or 60 cents per share, on revenue of $307.9 million, missing analysts' forecasts of 63 cents per share on revenue of $309.19 million. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for HANS. If you are looking for a hedged play on HANS the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 39 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Hansen Natural (HANS) Stock ReportSee what our analysts have uncovered about Hansen Natural (HANS).