Weber Inc. (WEBR) News
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WEBR News Highlights
- For WEBR, its 30 day story count is now at 15.
- Over the past 21 days, the trend for WEBR's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- The most mentioned tickers in articles about WEBR are LOAN, CFR and HUBS.
Latest WEBR News From Around the Web
Below are the latest news stories about Weber Inc that investors may wish to consider to help them evaluate WEBR as an investment opportunity.
Weber is called fairly valued by Goldman Sachs with growth expectations loweredGoldman Sachs cut its rating on Weber (WEBR +5.6%) to Neutral after having it set at Buy. Analyst Kate McShane: "While management maintained its FY22 revenue growth guidance within its long-term target of +MSD-to-HSD, we note the composition of that top line growth has changed with the company now saying... |
Weber Inc. Introduces New, Limited Edition Kettle Collection to Commemorate 70th Anniversary of the Weber® Original Kettle®PALATINE, Ill., February 24, 2022--Weber Inc. (NYSE:WEBR), the global leader in outdoor cooking innovation, technology, and products, today unveiled a new limited edition series of commemorative charcoal kettles designed to celebrate the Weber® Original Kettle® charcoal grill that started the global outdoor cooking revolution 70 years ago. Weber produced a limited number of these special kettles globally, which go on sale worldwide later this Spring. |
Weber Reported Strong Quarterly Momentum And Appears UndervaluedWeber Inc. (WEBR) reported strong momentum in the last quarterly report. Management announced specific actions to modify its manufacturing and transportation operations to fight incoming inflation. In my view, if Weber opens new hubs like the new manufacturing facility in Europe, and acquires more competitors, I would expect sales to... |
Weber-Stephen Products LLC -- Moody's affirms Weber's B1 CFR; rates incremental first lien term loan B1; outlook changed to negativeRating Action: Moody's affirms Weber's B1 CFR; rates incremental first lien term loan B1; outlook changed to negativeGlobal Credit Research - 18 Feb 2022New York, February 18, 2022 -- Moody's Investors Service ("Moody's") affirmed Weber-Stephen Products LLC's ("Weber") ratings, including its Corporate Family Rating (CFR) at B1, its Probability of Default Rating at B1-PD, and the B1 rating on the company's senior secured first lien credit facility consisting of a $300 million first lien revolver due 2025 and a $1,250 million original amount first lien term loan due 2027. At the same time, Moody's assigned a B1 rating to the company's proposed incremental $250 million first lien term loan due 2027. |
Blackstone’s Outdoor Griddle Videos Are Trending for Delicious ReturnsBlackstone Products is merging with Ackrell SPAC Partners I Co. (Nasdaq: ACKIT, ACKIU, ACKIW), with pro forma enterprise value of $900 million Known for outdoor griddles popular on social-media […] |
2 Grill Makers Are Seeing Their Shares Fried After IPOs Last SummerTraeger Inc. and Weber Inc. have disappointed investors as they trade well below their initial public offering prices. |
Analysts Cut Weber Price Target Post Q1 ResultsAnalysts lowered their price targets on Weber Inc (NYSE: WEBR) following its Q1 results. JPMorgan analyst Megan Alexander downgraded Weber to Neutral from Overweight with a price target of $9.50, down from $13, implying an 8% downside. The analyst sees high sales uncertainty ahead with risk in the second half of 2022 on price elasticity and do-it-yourself "normalization." Megan said Weber's toughest compares are ahead while its updated "back-half weighted" guidance embeds an acceleration in unit |
Marriott, Intel, Rivian Rise Premarket; Weber, Gap FallBy Peter Nurse |
Weber Inc. (WEBR) Q1 2022 Earnings Call TranscriptImage source: The Motley Fool. Weber Inc. (NYSE: WEBR)Q1 2022 Earnings CallFeb 14, 2022, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to today's Weber, Inc. |
Weber Stock Sinks. Grill Maker Saw ‘Acute Supply-Chain Challenges.’The U.S. grill maker posts a fiscal first-quarter loss wider than analysts’ estimates and lowers its guidance for fiscal 2022. |