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SKUL $6.35

SKUL target price
6.35
0
0
Skullcandy Inc.
Type
Private
Industry Audio
Founded 2003
Founder Rick Alden
Headquarters Park City, Utah
Key people
  • Jason Hodell (CEO)
Products Headphones
Audio equipment, audio accessories
Revenue Increase$266.3 million (2015)
Website http://www.skullcandy.com/

Skullcandy Inc. is a Park City, Utah-based company that markets headphones, earphones, hands free devices, audio backpacks, MP3 players, and other products.

Skullcandy's products are targeted at the outdoor action sports demographic (snowboarders, skateboarders, etc.) and general consumer market. Skullcandy products are sold through retailers, specialty outlets, corporate incentive programs and the company's online store.

Skullcandy was founded by Rick Alden in 2003. The first Skullcandy product, the Skullcandy Portable Link, was introduced at the 2003 International Consumer Electronics Show (CES) in Las Vegas, Nevada. The LINK system combines headphones with hands-free cellular technology, allowing users to listen to music from a portable audio device, while making and receiving calls through their cell phone. Skullcandy holds a patent for the wireless version of LINK technology.

In December 2008, Skullcandy products were described as "the world's coolest ear bud," by Fortune magazine.

In April 2011, Skullcandy purchased headphones manufacturer Astro Studios (Astro Gaming) for an unknown amount of cash.

On January 28, 2011, Skullcandy filed for an initial public offering with the Securities and Exchange Commission. This announcement was met with some criticism from financial press.

On June 24, 2016, Incipio, a maker of phone cases, wireless speakers, and other accessories announced plans to acquire Skullcandy for $177 million, however the deal later fell through as Incipio refused to submit a proposed amendment to the merger agreement and Skullcandy terminated the agreement. Skullcandy considered numerous other offers, eventually agreeing to be acquired by Mill Road Capital for $196.9 million at $6.35 per share. The deal was finalized and completed on October 3rd, 2016, and the company became a private business again.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-27 Reiterated Rating Roth Capital Buy
2016-06-24 Downgrade Wunderlich Buy to Hold $7.00 to $6.00
2016-06-08 Reiterated Rating Wunderlich Buy $7.00
2016-06-08 Downgrade DA Davidson Buy to Neutral $4.50 to $5.00
2016-01-19 Lower Price Target Oppenheimer Outperform $8.00 to $6.00
2016-01-19 Lower Price Target Oppenheimer Holdings Inc. Outperform $8.00 to $6.00
2016-01-13 Reiterated Rating Oppenheimer Outperform $8.00 to $6.00
2016-01-12 Lower Price Target DA Davidson $6.00 to $4.50
2016-01-12 Lower Price Target Roth Capital Buy $10.00 to $5.50
2016-01-12 Lower Price Target Wunderlich Buy $9.00 to $7.00
2016-01-05 Lower Price Target DA Davidson Buy $7.00 to $6.00
2015-12-30 Initiated Coverage Oppenheimer Buy to Outperform $8.00
2015-12-17 Reiterated Rating Roth Capital Buy
2015-11-08 Reiterated Rating Roth Capital Buy $12.00 to $10.00
2015-11-06 Lower Price Target Wunderlich $13.00 to $9.00
2015-11-06 Lower Price Target Roth Capital $12.00 to $10.00
2015-11-06 Lower Price Target DA Davidson Buy $8.50 to $7.00
2015-11-06 Reiterated Rating Sterne Agee CRT Buy $13.00 to $9.00
2015-11-06 Downgrade Jefferies Group Buy to Hold $17.00 to $5.00
2015-10-14 Reiterated Rating Piper Jaffray Buy $14.00 to $10.00
2015-10-14 Reiterated Rating Piper Jaffray Cos. Buy $14.00 to $10.00
2015-08-09 Reiterated Rating Sterne Agee CRT Buy $13.00
2015-06-23 Reiterated Rating DA Davidson Buy $14.00
2015-05-05 Set Price Target Jefferies Group Buy $17.00
2015-04-14 Boost Price Target Northland Securities Outperform $12.00 to $15.00
2015-04-02 Set Price Target Jefferies Group Buy $14.00 to $17.00
2015-03-31 Initiated Coverage Wunderlich Buy $13.00
2015-03-06 Boost Price Target DA Davidson Buy $12.00 to $14.00
2015-03-06 Boost Price Target Jefferies Group $14.00
2015-03-06 Upgrade CRT Capital Fair Value to Buy $9.00 to $13.00
2015-01-13 Reiterated Rating Jefferies Group Buy $11.00 to $13.00
2015-01-09 Set Price Target Roth Capital Buy $12.00
2015-01-05 Upgrade Jefferies Group Hold to Buy $9.00 to $11.00
2014-12-19 Set Price Target Roth Capital Buy $12.00
2014-11-06 Reiterated Rating CRT Capital Fairly Valued $8.00 to $9.00
2014-11-06 Reiterated Rating Jefferies Group Hold $8.00 to $9.00
2014-11-06 Reiterated Rating DA Davidson Buy $6.00 to $12.00
2014-11-06 Reiterated Rating Bank of America Underperform $6.00 to $7.00
2014-11-06 Boost Price Target Roth Capital Buy $10.00 to $12.00
2014-11-06 Reiterated Rating Bank of America Corp. Underperform $6.00 to $7.00
2014-09-24 Reiterated Rating Northland Securities $12.00
2014-09-17 Initiated Coverage Piper Jaffray Neutral to Overweight $9.50 to $7.58
2014-08-21 Upgrade DA Davidson Buy
2014-08-20 Upgrade DA Davidson Neutral to Buy $8.00 to $10.00
2014-08-12 Upgrade Jefferies Group Underperform to Hold $7.00 to $8.00
2014-06-11 Upgrade Piper Jaffray Underweight to Neutral $7.50
2014-05-14 Initiated Coverage CRT Capital Fair Value $8.00
2014-03-13 Reiterated Rating Jefferies Group Underperform
2014-03-11 Boost Price Target Jefferies Group $4.00 to $7.00
2014-03-10 Upgrade DA Davidson Underperform to Neutral $5.50 to $10
2014-03-10 Boost Price Target Imperial Capital In-Line $7.00 to $9.00
2014-03-07 Upgrade Northland Capital Market Perform to Outperform $6 to $12
2014-03-07 Upgrade DA Davidson Underperform to Neutral $5.50 to $10.00
2014-03-07 Upgrade Northland Securities Market Perform to Outperform $6.00 to $12.00
2013-12-23 Upgrade Roth Capital Neutral to Buy $7.00
2013-10-31 Boost Price Target DA Davidson Underperform $4.00 to $5.50
2013-09-26 Initiated Coverage Imperial Capital In-Line $7.00
2013-03-08 Downgrade Northland Capital Outperform to Market Perform $12 to $6
2012-04-11 Initiated Northland Securities Outperform $23
2011-08-29 Initiated KeyBanc Capital Mkts Buy $20
2016-06-27 Reiterated Rating Roth Capital Buy
2016-06-24 Downgrade Wunderlich Buy to Hold $7.00 to $6.00
2016-06-08 Reiterated Rating Wunderlich Buy $7.00
2016-06-08 Downgrade DA Davidson Buy to Neutral $4.50 to $5.00
2016-01-19 Lower Price Target Oppenheimer Outperform $8.00 to $6.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In SKUL 1 funds of 2213 total. Show all

Fund name Ticker shares
RUSSELL FRANK CO/ 31700

Major Shareholders

Name Relationship Total Shares Holding stocks
PTARMAGIN, LLC 11.49%  (3227386) SKUL /
GOODE SKULLCANDY HOLDINGS, LLC 7.68%  (2158283) SKUL /
ANDRUS JEREMY PRESIDENT AND CEO 5.80%  (1629438) SKUL /
ALDEN RICK 2.43%  (681324) SKUL /
Hodell Jason CHIEF FINANCIAL OFFICER 0.53%  (149964) SKUL /
WARNOCK GREG 0.42%  (117796) SKUL /
Darling S Hoby PRESIDENT AND CEO 0.37%  (104561) SKUL /
MIYASAKI CLARKE VP, GLOBAL BUS DVLPMNT 0.35%  (97065) SKUL /
Olivet D Scott 0.33%  (91983) FUN / SKUL /
O'NEILL HEIDI 0.29%  (82262) SKUL /
KEARL JEFF 0.27%  (76040) SKUL /
PASCHEL SAMUEL R JR EXEC VP, PROD DEV & MERCH 0.20%  (56350) SKUL /
RAFFONE DAVID CHIEF SALES & REVENUE OFFICER 0.17%  (48543) SKUL /
ROSS RONALD PRINC. ACCOUNTING OFFICER 0.14%  (39000) SKUL /
WESCOAT KYLE B SENIOR VP AND CFO 0.13%  (36177) ELX / SKUL /
Collier Douglas P 0.12%  (34530) SKUL / TLYS /
BROWN LAURENCE B JR 0.11%  (31487) SKUL /
GROSSO PATRICK D See Remarks 0.07%  (21042) SKUL /
EDWARDS MITCH CFO AND GENERAL COUNSEL 0.04%  (10000) OSTK / SKUL /