Research

At B. Riley, our research process is an interactive one where we perform extensive due diligence on companies until the analyst develops the knowledge base and understanding of the company and the industry to make a recommendation. Our analysts continuously monitor industry developments and communicate with the management, competitors, suppliers and customers of the companies we follow, regularly communicating our findings through Research Updates and daily Morning Notes.

While we do not necessarily publish research on all of the companies we review, the knowledge base and understanding of many of our monitored companies parallels that of our covered companies. We actively cover over 100 companies and monitor an additional 100. Our analysts cover small to mid-cap companies that are under-followed or misunderstood by Wall Street. We believe that the pricing of small cap equities is frequently inefficient, and therefore provides the greatest potential rewards to diligent security analysis.

This Week's Research

  • 07/20/17 Update Internet Earnings Preview: Week of July 24, 2017 – GOOGL, AKAM, BCOV, LLNW
  • 07/20/17 Update ASML ($150.63, Neutral; $162.00 PT): Solid 2Q Print And 3Q Guide; EUV Ramp At Inflection Point; PT To $162.00
  • 07/20/17 Update CTG ($5.73, Buy; $8.75 PT): Q2 ’17 Earnings Preview; Reiterate Buy Rating and $8.75 Price Target
  • 07/20/17 Morning Note B. Riley AM Note: ASML, AVGO, CTG, SANW, SWKS; Internet (AKAM, BCOV, GOOGL, LLNW)
  • 07/19/17 Morning Note B. Riley AM Note: AMC, CDZI, EGHT, GDDY, IDCC, MCS, SKX
  • 07/19/17 Update EGHT ($14.15, Neutral; $14.00 PT): Earnings Preview: Adjusting Pro Forma Ests. from ~3% Cash Tax Rate to 36% Tax Effective Rate; Believe Revs. Multiple…
  • 07/19/17 Update CDZI ($12.55, Buy; $17.50 PT): Cadiz Water Project ‘State of the Union’; Reiterating Our Buy Rating and $17.50 PT
  • 07/19/17 Update IDCC ($77.35, Buy; $100.00 PT): Q2 Earnings Preview; Comfortable with Estimates Given Improved Visibility; Expect Positive Tone on Handset License…
  • 07/19/17 Update MCS ($28.55, Buy; $38.00 PT): Lowering Q2 Estimates on Weaker Box Office; Expect Industry Rebound Heading into 2018 Slate, But Increasingly Cautious…
  • 07/19/17 Update GDDY ($43.70, Buy; $53.00 PT): Sale of PlusServer for Respectable Valuation; Focus on Sub/ARPU Growth; Valuation Disparity vs. Comps Drives our PT…
  • 07/18/17 Update DORM - Transferring coverage from B. Riley & Co., to Christopher Van Horn at our affiliate FBR
  • 07/18/17 Update MEI - Transferring coverage from B. Riley & Co., to Christopher Van Horn at our affiliate FBR
  • 07/18/17 Update MPAA - Transferring coverage from B. Riley & Co., to Christopher Van Horn at our affiliate FBR
  • 07/18/17 Update SUP - Transferring coverage from B. Riley & Co., to Christopher Van Horn at our affiliate FBR
  • 07/18/17 Update Powersports and Marine Industry Update: Transfer of Coverage (BC, MBUU, MPX, HZO, MCFT, NLS, PII)
  • 07/18/17 Update RNWK ($4.30, Buy; $6.50 PT): Discontinuing Coverage to Focus our Resources on Other Companies
  • 07/18/17 Update HEAR ($0.83, Neutral; $1.30 PT): Discontinuing Coverage to Focus our Resources on Other Companies
  • 07/18/17 Update WMAR ($12.85) Discontinuing Coverage Following Announcement of Acquisition by Monomoy
  • 07/18/17 Morning Note B. Riley AM Note: CAMP, NLST; Transitioning Coverage (BC, DORM, MBUU, MEI, MPAA, MPX, HZO, MCFT, NLS, PII, SUP), Discontinuing Coverage (HEAR, RNWK,…
  • 07/17/17 Morning Note B. Riley AM Note: ACIA, ASML, DLB (upgrade), IDSY, MXIM, SWKS; Semi. Cap. Equipment (ACLS, AMAT, ASML, BRKS, CAMT, COHU, FORM, IVAC, KLAC, KLIC, LRCX,…
  • 07/17/17 Update Semi Cap Equipment – SEMICON West Offers Further Evidence Structural Value Creation Moves Unlocking Dramatic Multi-Year EPS Gains; Retain Positive…
  • 07/17/17 Update ASML ($139.92, Neutral; $122.00 PT): Healthy Fundamentals Suggest Solid 2Q Print And 3Q Guide As EUV Ramp Approaches
  • 07/17/17 Update MXIM ($47.10, Neutral; $44.00 PT): Preview In-Line With The Street Or Better W/Auto And Industrial A Focus; Retain Neutral
  • 07/17/17 Update SWKS ($102.00, Buy; $120.00 PT): Expect Strong Execution With Financials Back On Track For Target Model; Buy, $120 PT
  • 07/17/17 Update IDSY ($6.16, Buy; $7.75 PT): IDSY to Acquire Keytroller for $9MM or 5.6x 2018 EV/EBITDA; Adjoining $15MM Secondary; Preannounces Q2 Revenue Upside;…
  • 07/17/17 Update ACIA ($39.00, Neutral; $44.50 PT): Preannounces 2Q Results; Lowering Estimates and PT from $47.00 to $44.50; Maintain Neutral
  • 07/17/17 Update DLB ($51.36, Buy; $61.50 PT): Upgrading to Buy Ahead of New Technology-Fueled FCF Growth and Expanding Shareholder Returns and Valuation Multiples…
  • 07/14/17 Morning Note B. Riley AM Note: AMAT, AVGO, COHU, CSGP, INTC, KLAC, LRCX, NVDA, SWKS; Optical Components (ACIA, FNSR, INFN, LITE, NPTN, OCLR)
  • 07/14/17 Update CSGP ($273.00, Buy; $325.00 PT): Earnings Preview: Expect Solid Q2 Results, Guidance; Introducing FY ’19 Projections and Increasing PT from $275…
  • 07/14/17 Update COHU ($17.06, Buy; $25.00 PT): Strategic Update’s Growth Picture Is Compelling; PT Of $25.00 Has Upside Potential
  • 07/14/17 Update Optical Components - Proceed With Caution Into 2Q Earnings Season as China Remains Weak