DAVIDsTEA (DTEA) - Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of DAVIDsTEA (NASDAQ: DTEA) recently:

• 7/24/2017 – DAVIDsTEA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “DAVIDsTEA INC. is a beverage company. The company offer proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. It operates primarily in the United States and Canada. DAVIDsTEA INC. is headquartered in Montreal, Canada. “
• 7/21/2017 – DAVIDsTEA was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $5.75 price target on the stock. According to Zacks, “DAVIDsTEA INC. is a beverage company. The company offer proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. It operates primarily in the United States and Canada. DAVIDsTEA INC. is headquartered in Montreal, Canada. “
• 7/14/2017 – DAVIDsTEA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “DAVIDsTEA INC. is a beverage company. The company offer proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. It operates primarily in the United States and Canada. DAVIDsTEA INC. is headquartered in Montreal, Canada. “
• 7/13/2017 – DAVIDsTEA was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $6.25 price target on the stock. According to Zacks, “DAVIDsTEA INC. is a beverage company. The company offer proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. It operates primarily in the United States and Canada. DAVIDsTEA INC. is headquartered in Montreal, Canada. “
• 6/19/2017 – DAVIDsTEA was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “DAVIDsTEA INC. is a beverage company. The company offer proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. It operates primarily in the United States and Canada. DAVIDsTEA INC. is headquartered in Montreal, Canada. “
• 6/9/2017 – DAVIDsTEA had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $5.50 price target on the stock.

Shares of DAVIDsTEA Inc. (NASDAQ DTEA) opened at 4.95 on Tuesday. DAVIDsTEA Inc. has a 12 month low of $4.90 and a 12 month high of $13.98. The company has a 50-day moving average of $5.88 and a 200-day moving average of $6.51.

DAVIDsTEA (NASDAQ:DTEA) last posted its earnings results on Wednesday, June 7th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03. DAVIDsTEA had a negative net margin of 2.57% and a positive return on equity of 2.69%. The firm had revenue of $48.70 million during the quarter, compared to analysts’ expectations of $46.11 million. During the same quarter in the prior year, the firm earned $0.06 EPS. DAVIDsTEA’s quarterly revenue was up 9.4% on a year-over-year basis. On average, equities research analysts forecast that DAVIDsTEA Inc. will post $0.07 earnings per share for the current fiscal year.

DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.