Anixter International Inc. (AXE) Analysts See $1.51 EPS; India Globalization Capital (NYSEAMERICAN:IGC) Shorts Up By 21.76%

October 12, 2017 - By Marguerite Chambers

Analysts expect Anixter International Inc. (NYSE:AXE) to report $1.51 EPS on October, 24.They anticipate $0.13 EPS change or 9.42% from last quarter’s $1.38 EPS. AXE’s profit would be $50.13 million giving it 14.11 P/E if the $1.51 EPS is correct. After having $1.36 EPS previously, Anixter International Inc.’s analysts see 11.03% EPS growth. The stock decreased 0.93% or $0.8 during the last trading session, reaching $85.25. About shares traded. Anixter International Inc. (NYSE:AXE) has risen 37.61% since October 12, 2016 and is uptrending. It has outperformed by 20.91% the S&P500.

India Globalization Capital Incorporated (NYSEAMERICAN:IGC) had an increase of 21.76% in short interest. IGC’s SI was 498,500 shares in October as released by FINRA. Its up 21.76% from 409,400 shares previously. With 244,200 avg volume, 2 days are for India Globalization Capital Incorporated (NYSEAMERICAN:IGC)’s short sellers to cover IGC’s short positions. The SI to India Globalization Capital Incorporated’s float is 2.3%. The stock increased 2.98% or $0.012 during the last trading session, reaching $0.408. About shares traded. India Globalization Capital, Inc. (NYSEAMERICAN:IGC) has risen 7.79% since October 12, 2016 and is uptrending. It has underperformed by 8.91% the S&P500.

Investors sentiment decreased to 1.23 in 2017 Q2. Its down 0.47, from 1.7 in 2017Q1. It dropped, as 21 investors sold Anixter International Inc. shares while 59 reduced holdings. 27 funds opened positions while 71 raised stakes. 26.13 million shares or 1.61% less from 26.56 million shares in 2017Q1 were reported. James Investment Rech holds 0.04% or 15,740 shares in its portfolio. Vident Investment Advisory Lc invested in 0.08% or 11,763 shares. Ameritas Inv reported 2,505 shares. Mufg Americas Corp has invested 0% in Anixter International Inc. (NYSE:AXE). Ls Inv Advisors Ltd Company has 997 shares. Invesco Limited has 160,038 shares for 0% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has 1,271 shares. Arizona State Retirement Sys holds 14,864 shares. Wells Fargo And Co Mn invested 0.01% of its portfolio in Anixter International Inc. (NYSE:AXE). Paloma Ptnrs Mngmt accumulated 6,306 shares or 0.01% of the stock. Moreover, Clarivest Asset Mgmt has 0% invested in Anixter International Inc. (NYSE:AXE) for 7 shares. 11,803 were reported by Cubist Systematic Strategies Ltd Company. Barclays Public Limited stated it has 0% in Anixter International Inc. (NYSE:AXE). Sg Americas Limited Liability Corporation reported 2,017 shares. Stevens Cap Mgmt L P holds 5,655 shares or 0.02% of its portfolio.

Among 6 analysts covering Anixter (NYSE:AXE), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Anixter had 17 analyst reports since July 30, 2015 according to SRatingsIntel. Imperial Capital maintained the shares of AXE in report on Friday, February 19 with “In-Line” rating. The firm has “In-Line” rating given on Thursday, February 2 by Imperial Capital. As per Wednesday, August 30, the company rating was maintained by Robert W. Baird. Zacks upgraded it to “Buy” rating and $69 target in Monday, September 21 report. The rating was maintained by Imperial Capital on Monday, October 19 with “In-Line”. The stock of Anixter International Inc. (NYSE:AXE) has “Neutral” rating given on Friday, December 2 by Longbow. On Thursday, September 10 the stock rating was upgraded by Longbow to “Buy”. As per Thursday, October 27, the company rating was upgraded by Imperial Capital. On Wednesday, July 27 the stock rating was maintained by Imperial Capital with “Outperform”. As per Tuesday, October 3, the company rating was maintained by Robert W. Baird.

Anixter International Inc. is engaged in the distribution of enterprise cabling and security solutions, electrical and electronic wire and cable products and utility power solutions. The company has market cap of $2.83 billion. The Firm operates through three divisions: Network & Security Solutions , Electrical & Electronic Solutions (EES), and Utility Power Solutions (UPS). It has a 19.45 P/E ratio. The NSS segment’s product portfolio includes access control, power, cable management, wireless, professional audio/video, voice and networking switches, and other ancillary products.

Since May 8, 2017, it had 0 insider buys, and 3 sales for $555,299 activity. $400,499 worth of Anixter International Inc. (NYSE:AXE) was sold by Eck Robert J.. 1,000 shares were sold by Standish William, worth $78,600.

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