Tag Archives: ZAGG

It's Showtime for ZAGG

By Seth Jayson, The Motley Fool

Filed under:

ZAGG (NAS: ZAGG) is expected to report Q1 earnings on May 2. Here’s what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ZAGG‘s revenues will grow 19.9% and EPS will expand 56.3%.

The average estimate for revenue is $66.5 million. On the bottom line, the average EPS estimate is $0.25.

Revenue details
Last quarter, ZAGG reported revenue of $87.5 million. GAAP reported sales were 29% higher than the prior-year quarter’s $67.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.35. GAAP EPS of $0.01 for Q4 were 97% lower than the prior-year quarter’s $0.32 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 44.1%, 900 basis points worse than the prior-year quarter. Operating margin was 19.2%, 940 basis points worse than the prior-year quarter. Net margin was 0.2%, much worse than the prior-year quarter.

Looking ahead

The full year’s average estimate for revenue is $315.8 million. The average EPS estimate is $1.17.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 279 members out of 364 rating the stock outperform, and 85 members rating it underperform. Among 76 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give ZAGG a green thumbs-up, and 40 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ZAGG is outperform, with an average price target of $13.68.

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The article It’s Showtime for ZAGG originally appeared on Fool.com.


Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of
Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services <a target=_blank

Source: FULL ARTICLE at DailyFinance

Buy, Sell, or Hold: Zagg

By Selena Maranjian, The Motley Fool

Filed under:

When considering any stock for your portfolio, don’t be swayed by just the positives. Examine its pros and cons, and decide whether its possible upside outweighs its risks. Let’s take a look at ZAGG today, and see why you might want to buy, sell, or hold it.

Launched in 2005 and based in Salt Lake City, ZAGG is a technology-focused company, known for its accessories for mobile devices. These include keyboards, ear buds, mobile power devices, headphones, cleaning tools, and protective coverings. Its brands include invisibleSHIELD, ZAGGskins, ZAGGbuds, ZAGGkeys, iFrogz, Aminatone, Caliber, Earpollution, and more.

ZAGG sports a market capitalization near $233 million. Its stock is down about 31% over the past year and over the past five years, it has averaged an impressive annual gain of roughly 59%.

Buy
A key reason that ZAGG might pique your interest is its connection to the mobile-device market, which is growing at really, really rapid rates. Already, there are nearly 7 billion mobile subscriptions. (That’s on a planet that’s home to about 7 billion people. Of course, billions are still mired in poverty, but other billions apparently have multiple accounts.) Meanwhile, smartphones are growing in popularity, and recently made up just one-quarter of all mobile phones. If a company serves such a market, it clearly has much potential.

Check out some of ZAGG‘s numbers, too. Its revenue, for example, has been growing explosively, at double-digit rates. (That rate has been slowing in recent years, though.) Its free cash flow has turned positive, and recently jumped significantly, too. ZAGG has more long-term debt than cash, but its debt has been falling. In its fourth-quarter report, its revenue grew 30%, and backing out a charge, it was profitable beyond expectations, as well. Management also offered rosy projections for 2013.

Given the company’s growth rates, ZAGG‘s rough valuation seems compelling, too, with a recent P/E ratio of 16.5, and a forward P/E of just 6.5. The valuation seems low enough that company plans to buy back shares seem sound.

Meanwhile, the company is not standing still. It’s expanding with recently introduced gaming accessories — though the gaming industry is going through a transformation, with mobile gaming growing at the expense of physical game content. It has also been on the lookout for smart acquisitions, buying fellow accessory maker iFrogz in 2011. It’s good that the company is diversifying away from what was its main offering, its screen protector. But that item delivered the richest profit margins, so diversification hurts some.

Sell
ZAGG‘s financial statements offer a few red flags. While its revenue has been growing, for example, its net income recently moved in the other direction.

One problem for ZAGG is that it doesn’t have a strong competitive moat to protect it. Its customers are generally not locked in to it in any way. They can buy their next ear buds from someone else. Some view its offerings as becoming commoditized, too, as they face more …read more
Source: FULL ARTICLE at DailyFinance

ZAGG Inc Introduces Accessories for the Samsung Galaxy S 4

By Business Wirevia The Motley Fool

Filed under:

ZAGG Inc Introduces Accessories for the Samsung Galaxy S 4

SALT LAKE CITY–(BUSINESS WIRE)– ZAGG Inc (NAS: ZAGG) , a leading mobile device accessories company with a brand portfolio that includes ZAGG and iFrogz, will introduce several products to enhance the mobile experience for Samsung Galaxy S 4 owners. The Galaxy S 4 is set for April release, and ZAGG accessories will be available at the time of launch.

Some of the cases for the Samsung Galaxy S 4 from ZAGG, who manufactures and markets iFrogz products. (Photo: Business Wire)

“We are excited to offer a new lineup of accessories to protect and personalize the new Galaxy S 4 device. For this reason, we are offering a line of affordable accessories to enhance the use of this new smartphone,” said Derek Smith, executive vice president of sales for ZAGG, which manufactures and markets iFrogz products. “As mobile technology keeps evolving, we will continue to develop creative product solutions to serve a wide range of customer wants and needs.”

Samsung Galaxy S 4 accessories include:

Screen Protection

invisibleSHIELD — Providing the best, most durable screen protection for the Galaxy S 4, ZAGG‘s invisibleSHIELD line guards the device from nicks, dings, scratches and fingerprints. The invisibleSHIELD is a thin, clear film that is easily applied to the entire device or only to its screen. Consumers can choose from one of three options based on their needs:

  • invisibleSHIELD, $14.99: Provides military-grade scratch protection
  • invisibleSHIELD HD, $19.99: Offers advanced screen clarity
  • invisibleSHIELD Smudge-Proof, $19.99: Protects against fingerprints

*All prices listed are for screen protection only. For full body coverage, prices range from $24.99 to $34.99.

ZAGG Privacy – A thin film that is simple to apply, readjust and remove without leaving residue, ZAGG Privacy screen filters prevent wandering eyes from peeking at the screen of a device. ZAGG Privacy is available online for $29.99.

…read more
Source: FULL ARTICLE at DailyFinance

What Kind of Future Does ZAGG Have?

By Rex Moore, The Motley Fool

Filed under:

Electronic accessories maker ZAGG is down about 50% from its 2011 peak, but turned in a strong fourth-quarter earnings report.

The Fool’s Rex Moore spoke with ZAGG at the big International Consumer Electronics Show in Las Vegas. In this final installment of a multipart series, product development manager Ben Godfrey looks ahead at what we may see next year from his company.

Meanwhile…
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool’s free report “3 Stocks That Will Help You Retire Rich” names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

The article What Kind of Future Does ZAGG Have? originally appeared on Fool.com.


Rex Moore has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Why ZAGG Is Playing Games

By Rex Moore, The Motley Fool

Filed under:

Electronic accessories maker ZAGG is down about 50% from its 2011 peak, but turned in a strong fourth-quarter earnings report.

The Fool’s Rex Moore spoke with ZAGG at the big International Consumer Electronics Show in Las Vegas. In this installment of a multipart series, product development manager Ben Godfrey talks about his company’s big push into the gaming space.

Meanwhile…
If you’re on the lookout for high-yielding stocks, The Motley Fool has compiled a special free report outlining our nine top dependable dividend-paying stocks. It’s called “Secure Your Future With 9 Rock-Solid Dividend Stocks.” You can access your copy today at no cost! Just click here.

The article Why ZAGG Is Playing Games originally appeared on Fool.com.


Rex Moore has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

ZAGG Inc to Attend Game Developers Conference 2013

By Business Wirevia The Motley Fool

Filed under:

ZAGG Inc to Attend Game Developers Conference 2013

SALT LAKE CITY–(BUSINESS WIRE)– ZAGG Inc (NAS: ZAGG) , a leading mobile device accessories company with a brand portfolio that includes ZAGG and iFrogz, will attend the Game Developers Conference (GDC) 2013 to introduce and demonstrate its new iFrogz Caliber Advantage mobile gaming controller to industry professionals and media. The GDC will take place March 25-29 at the Moscone Convention Center in San Francisco, and is the largest and longest-running professionals-only game industry event in the world.

The iFrogz Caliber Advantage controls the action via the device’s Bluetooth(R) connection, providing the lightning-fast response needed for today’s mobile gaming. (Photo: Business Wire)

The iFrogz Caliber Advantage will provide gamers with an enhanced console-style gaming experience for their Apple iPhone 5 or iPod touch 5th generation. The Advantage is an analog game controller and case, providing 360-degree motion control with viewing options in both portrait and landscape. Gaming action is made possible through Bluetooth® 4.0 pairing and dual, left and right slide-out controls that feature responsive keys for an accurate, high-quality gaming experience. Available in the first half of 2013 for $69.99, the Caliber Advantage will also feature an integrated lithium polymer battery, offering 10-12 hours of continuous play without the need for a charge.

“The GDC is an opportunity for us to showcase the iFrogz Caliber Advantage as the first open development gaming controller for the iPhone or iPod touch,” said Kent Wuthrich, executive vice president of marketing for ZAGG, which manufactures and markets iFrogz products. “We are committed to introducing creative product solutions for gaming enthusiasts, and we believe gamers at all levels will enjoy and appreciate the design, control and function of this new device.”

Company representatives will demonstrate the Caliber Advantage for media on Wed., March 27, from 9 a.m. to 11 a.m. in the Foothill Room, Suite I, of the San Francisco Marriott Marquis Hotel, which is located next to the Moscone Convention Center. No appointment is necessary.

iFrogz, a wholly owned subsidiary of ZAGG Inc, specializes in creative, value-priced mobile device accessories. Its portfolio includes headphones, earbuds, cases, portable speakers, as well as complete lines of products for gamers and children.

For more information about the Caliber Advantage, visit ZAGG.com or iFrogz.com.

About ZAGG Inc:

…read more
Source: FULL ARTICLE at DailyFinance

Get Ready for Better Gaming on Your iPhone

By Rex Moore, The Motley Fool

Filed under:

Electronic accessories maker ZAGG is down about 50% from its 2011 peak, but turned in a strong fourth-quarter earnings report.

Our Rex Moore spoke with ZAGG at the big International CES in Las Vegas. In this installment of a multi-part series, product development manager Ben Godfrey talks about the upcoming release of Caliber Advantage: a new case and controller designed to give Apple’s iPhone the same type of controls found on traditional gamepads.

The Motley Fool’s chief investment officer has selected his No. 1 stock for this year. Find out which stock it is in the brand-new free report, “The Motley Fool’s Top Stock for 2013.” Just click here to access the report and find out the name of this under-the-radar company.

The article Get Ready for Better Gaming on Your iPhone originally appeared on Fool.com.


Rex Moore has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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ZAGG Inc to Present at Janney Capital Markets 2nd Annual Park City Retail &amp; Apparel Executive Summit

By Business Wirevia The Motley Fool

Filed under:

ZAGG Inc to Present at Janney Capital Markets 2 nd Annual Park City Retail & Apparel Executive Summit

SALT LAKE CITY–(BUSINESS WIRE)– ZAGG Inc (NAS: ZAGG) , a leading mobile device accessories company, today announced that Brandon O’Brien, chief financial officer, will be hosting one-on-one meetings at the Janney Capital Markets 2nd Annual Park City Retail & Apparel Executive Summit, being held at the Canyons Resort, Park City, UT on Wednesday, March 20, 2013.

About ZAGG Inc:

ZAGG Inc (NAS: ZAGG) is a leading mobile device accessories and technology company with products that protect, personalize and enhance a consumer’s mobile experience. ZAGG differentiates itself as the preferred brand by offering creative product solutions through targeted global distribution channels, with the broadest product offering in its sector. With a brand portfolio that includes ZAGG® and iFrogz®, the company manufactures and markets a complete line of products to improve the functionality of portable gadgets, including keyboards, cases, audio and protective films, through direct, retail, specialty and international channels. More information about the company and its brands is at www.ZAGG.com.

Investor Relations:
Genesis Select Corp.
Kim Rogers-Carrete, 303-415-0200
krogersc@genesisselect.com
or
Media:
LANE PR
Jane Taber, 503-546-7888
jane@lanepr.com
or
Company:
ZAGG Inc
Nathan Nelson, 801-263-0699 ext. 107
nnelson@zagg.com

KEYWORDS:   United States  North America  Utah

INDUSTRY KEYWORDS:

The article ZAGG Inc to Present at Janney Capital Markets 2nd Annual Park City Retail & Apparel Executive Summit originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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How iFrogz Put Some Hop in ZAGG

By Rex Moore, The Motley Fool

Filed under:

Electronic accessories maker ZAGG is down about 50% from its 2011 peak, but it turned in a strong fourth-quarter earnings report.

Our Rex Moore spoke with ZAGG at the big International CES in Las Vegas. In this installment of a multi-part series, product development manager Ben Godfrey explains how his company has grown since the 2011 acquisition of fellow accessories maker iFrogz. 

The Motley Fool’s chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: “The Motley Fool’s Top Stock for 2013.” Just click here to access the report and find out the name of this under-the-radar company.

The article How iFrogz Put Some Hop in ZAGG originally appeared on Fool.com.


Rex Moore has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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3 Stocks That Blew the Market Away

By Rick Aristotle Munarriz, The Motley Fool

Filed under:

Don’t settle for ordinary quarterly reports.

Every week, I take a look at three companies that beat market expectations, since I believe that it’s the biggest factor in a stock beating the market. Leaving Wall Street‘s pros with stunned expressions can be a good thing. It usually means that the companies have more in the tank than analysts figured. Capital appreciation typically follows.

Let’s take a look at a few companies that humbled the pros over the past few trading days.

We can start with Deckers Outdoor .

The company behind Ugg boots and other stylish yet rugged outdoor footwear saw its shares move 15% higher last week after posting better-than-expected results.

It wasn’t pretty. Revenue only inched 2% higher, and profitability fell 23% to $2.77 a share as rising costs of sheepskin and other materials mauled margins. However, $2.77 a share is actually well ahead of the $2.57 a share that analysts were modeling.

Dendreon also came through with solid results. The drugmaker’s deficit of $0.26 a share was less than half the red ink that Wall Street was targeting. This is a welcome development at Dendreon, as it had posted larger losses than analysts were banking on for 10 consecutive quarters until late last year.

Shares of Dendreon didn’t move on the beat, and there’s a good reason for that. Its flagship drug is Provenge, a costly yet compelling treatment for late-stage prostate cancer. Sales were up sequentially — and that’s encouraging — but Dendreon warned of softness for the current quarter.

Finally, we have ZAGG . The heavily shorted maker of accessories for tablets and smartphones generated a profit of $0.37 a share after backing out a non-cash impairment charge. Analysts were settling for net income of $0.29 a share.

Net sales had soared 30% at ZAGG, boosted by strong sales of keyboards that attach to tablets. Yes, ZAGG isn’t just about its invisibleSHIELD protective film covering anymore.

Moving in the right direction
It’s important to keep watching the companies that surpass expectations. Over time, it will be a lucrative experience for investors as the market rewards the overachievers. That’s the kind of surprise that we look for in the Rule Breakers newsletter service. Want in? Check out a 30-day trial subscription.

Resurgence, or dead-cat bounce?
Shares of Dendreon have surged in recent months, with the stock gaining new life from the depths of late 2012. Has the company really solved its underlying problems, or are investors setting themselves up for more disappointment? Our new premium research report on Dendreon answers these questions, and many more, while also outlining just how Dendreon intends to regain its former glory. Claim your copy, and a year of free analyst updates, by clicking here now.

…read more
Source: FULL ARTICLE at DailyFinance

Surprising New Players in Mobile Gaming

By Rex Moore, The Motley Fool

Filed under:

Video gamers aren’t just sitting on their couches anymore with glazed eyes glued to the television screen. More and more, they’re gaming on mobile devices (though still probably sitting on their couches). Research from NPD Group shows that spending on physical game content dropped a precipitous 21% in 2012, but digital content spending rose 16%.

This has opened up new avenues for unlikely innovators such as chipmaker NVIDIA and accessories maker ZAGG . Our Motley Fool road warrior Rex Moore explains more in the video below.

Digging deeper
NVIDIA was ahead of the curve launching its mobile Tegra processor, but investing gains haven’t followed as expected, with the company struggling to gain momentum in the smartphone market. The Motley Fool’s brand-new premium report examines the company’s stumbling blocks, but also homes in on opportunities that many investors are overlooking. We’ll help you sort fact from fiction to determine whether NVIDIA is a buy at today’s prices. Simply click here now to unlock your copy of this comprehensive report.

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Source: FULL ARTICLE at DailyFinance