+ Watch CAB
on My Watchlist
The Company is a direct marketer, and a specialty retailer, of hunting, fishing, camping and related outdoor merchandise.
An All-Star recently ended a green thumb in this, and investigation of the stock convinces me that it is worth no more than $38. It''s very early in the overdue downtrend on the charts, but insider sales are heavy.
Tom e piggyback
Times of uncertainty = More guns
Guns and growth.
CAB was entered into my CAP's portfolio at $65.68 - The PE Ratio was 24.15. It only has 44 stores in 24 states, but they are huge stores. The stores run between 40,000 square feet and 245,000 square feet. They offer a fresh approach to retailing. Their stores are large, showroom for hunting and fishing, including museum quality wildlife displays and large aquariums which becomes more of a customer attraction, keeping them in stores longer as they look at the different displays. Like a hunting and fishing entertainment retailer that also sells 225,000 items.They focus heavily on catalogs sending out 132 million catalogs in 50 states and 175 countries. They are investing in their website for sales. They also own their own bank and have their own Cabela credit card so there is a financial side of their business.They are doing well - and they have the potential to become a category killer with over 225,000 SKUs in their inventory. I don't think it will be all smooth selling, but I like them.Cabella (CAB)February 16, 2012 4Q:2011 earnings’ highlights:** 4Q revenue was $983.745 up from $934.411 million** Fiscal 2011 revenue was $2.811 billion up from $2.66 billion** TTM revenue per share was 39.44 ** 4Q earnings were $0.99 up from $0.95** Fiscal 2011 earnings were $2.00 up from $1.62** Diluted share count 71.274 million** Cash flow for the year was $239.775 million or $3.36 per share ** Cash and investments $304.679 million: debt $344.9 million** Trading range between February 16, 2012 and April 26, 2012 was $31.62 to $41.61: PE ratio range was 15.81 to 20.81: PS Ratio range was .8 to 1.1: Cash flow yield range was 8.1% to 10.6%April 26, 2012 1Q:2012 earnings’ highlights:** Revenue was $623.504 million up from $586.711 million** TTM revenue was $2.85 billion or 39.95 per share** Earnings were $0.40 up from $0.25** TTM earnings were $2.15** Diluted share count 71.287 million** Cash flow for the quarter was negative ($45.995 million) down from negative ($33.179 million)** TTM cash flow was $226.959 million or $3.18 per share** Trading range between April 26, 2012 and July 26, 2012 was $33.10 to $41.24: PE ratio range was 15.39 to 19.18: PS ratio range was .83 to 1.03: Cash flow yield range was 7.7% to 9.6%July 26, 2012 2Q:2012 earnings’ highlights:** Revenue was $627.254 million up from $562 million** TTM revenue was $2.92 billion or $40.75 per share** Earnings were $0.47 up from $0.31** TTM earnings were $2.31 per share** Diluted share count 71.542 million** Cash flow for nine months was negative ($16.015 million) up from negative ($50.615 million)** TTM cash flow was $261.559 million or $3.66 per share** Trading range between July 26, 2012 and October 25, 2012 was $44.62 to $56.78: PE Ratio range was 19.32 to 24.58: PS ratio range was 1.1 to 1.39: Cash flow yield range was 6.5% to 8.2%October 25, 2012 3Q:2012 earnings’ highlights:** Revenue was $741.178 million up from $678.61 million** TTM revenue was $2.98 billion or $41.68 per share** Earnings were $0.60 up from $0.47** TTM earnings were $2.44 per share** Diluted share count 71.556 million** Cash flow for nine months negative ($85.6 million) down from Negative ($44.91 million)** TTM cash flow was $199.085 million or $2.78 per share** Trading range between October 25, 2012 and February 14, 2013 was $38.44 to $52.52: PE ratio range was 15.74 to 21.52: PS ratio range was .92 to 1.26: Cash flow yield range was 5.3% to 7.2%** Special note: the stock price fell $9.99 the day of the report to close at $46.10 on October 25, 2012. The report was announced before the market opened.February 14, 2013 4Q:2012 earnings’ highlights:** 4Q revenue was $1.121 billion up from $983.745 million** Fiscal 2012 revenue was $3.11 billion up from $2.81 billion** TTM Revenue per share was $43.78 per share** 4Q earnings were $0.95 down from $0.99** Fiscal 2012 earnings were $2.42 up from $2.00** Diluted share count 71.7 million** Cash flow for the year was $21.451 million down from $240 million** TTM cash flow per share for the year was $0.30 per share ** Capital expenditures were $214.267 million up from $126.74 million** Trading range between February 14, 2013 and April 25, 2013 was $47.70 to $62.22: PE ratio range was 19.71 to 25.71: PS Ratio range was 1.09 to 1.42: Cash flow yield range was 0.4% to 0.6%April 25, 2013 1Q:2013 earnings’ highlights:** Revenue was $802.497 million up from $623.504 million** TTM revenue was $3.29 billion or $46.08 per share** Earnings were $0.70 up from $0.40** TTM earnings were $2.72 per share** Diluted share count 71.373 million** Cash flow for the quarter was $57.5 million up from negative ($46 million)** TTM cash flow was $124.94 million or $1.75 per share** Trading range between April 25, 2013 and the present June 21, 2013 was $62.81 to $72.54: PE ratio range was 23.09 to 26.7: PS ratio range was 1.36 to 1.57: Cash flow yield range was 2.4% to 2.8%
I think this company is safe from the e-retail threat to most brick and mortar retailers because guns will never be a product easily available online. Additionally shipping things like fishing rods makes e-retail less price competitive. With that said, this company trades at 17x EBITDA and 25x P/E. Google trades at 14x EBITDA and 25x P/EWMT trades at 8x EBITDA and 14x P/EI would rather buy a dollar of Google earnings than a dollar of Cabela's earnings. I'd rather buy 2 dollars of Wal-Mart earnings for the same price of one dollar of Cabela's earnings. I'm underperform until the valuation comes back in line with reasonable growth projections
Seems like a well-managed, well-branded retailer with a good history. As I'm not a huntsman, I lack extra insights into this company. But I would guess: Outperform.
Off highs. still growith.
only 40 stores. opening up 10-12 in 2013.
Probably about 4 years late to this party but jumping in with a thumb's up now.
I can't believe I missed picking this earlier. Future superstar.
The stores have been underestimated and are really retail powerhouses
The last time I stepped into a Cabela's it was full. People like the outdoors, and Cabela's help people enjoy the outdoors so easily it'll outperform. Plus its managed properly and the stores employ solid employees.
EPS Ranking 96
What makes this company different from Best Buy? A showroom for Amazon on other online retailers.
Good strong growth and mid western values behind this stock!
One of my favorite stores, it has gained great momentum this quarter and it's fundamentals are very good. Couple that with their expansion plans for this year and next and it's a winner.
People (like me) will drive for hours to get to a Cabelas and they are opening more and more stores. Their most recent grand opening resulted in long lines and their stores are packed every weekend with long lines of people just waiting to check out and pay for their purchases. Summer should be good as people gear up to go fishing, go out to shoot, and start to think about gearing up for hunting season in the Fall.
With the performance of our stock for the last year,I would estimate in the next 18 months we should out preform the S&P 500.
Officers and directors piling on the shares over the past few months. Spring and Summer coming. Looks like it might be a big season for this outdoorsie company.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions