Sterne Agee
Upgrade grade
B
Downgrade grade
A
Sterne Agee was founded in 1970 as a regional investment bank headquartered in Birmingham, Alabama, establishing itself as a significant player in equity research and institutional brokerage services. The firm built its reputation as a mid-sized independent investment bank with roughly 738 analyst ratings in our database, covering a diverse range of U.S. equities across multiple sectors. Sterne Agee became particularly known for its research coverage of healthcare, technology, and consumer sectors, developing deep expertise in identifying growth opportunities and executing research that resonated with institutional investors. What distinguished the firm within the research community was its culture of independent analysis and willingness to challenge consensus views, earning respect for contrarian calls that often proved prescient in volatile market conditions.
Upgrades
172
77.91% win rate
· avg +2.36% D1
Downgrades
166
79.52% win rate
· avg -3.00% D1
Avg Gap — Upgrades
+1.92%
open vs prev close
Avg Gap — Downgrades
-2.82%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Consumer Cyclical | 84.31% (51) | +2.95% | 77.78% (54) | -3.49% |
| Financial Services | 83.33% (54) | +2.11% | 80.00% (45) | -3.89% |
| Industrials | 81.25% (16) | +3.15% | 80.00% (15) | -2.43% |
| Technology | 72.73% (11) | +2.96% | 81.25% (16) | -3.48% |
| Healthcare | 63.64% (11) | +1.40% | — | — |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2016 | 92.9% | 14 | 66.7% | 24 |
| 2015 | 80.0% | 30 | 75.0% | 20 |
| 2014 | 73.8% | 42 | 72.7% | 33 |
| 2013 | 88.1% | 42 | 85.4% | 48 |
| 2012 | 66.7% | 42 | 89.5% | 38 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Nov 25, 2020 | GRPN | Groupon, Inc. | Communication Services | Upgrade | Neutral → Buy | — | -1.9% | -0.5% |
| Nov 25, 2020 | GRPN | Groupon, Inc. | Communication Services | Downgrade | Buy → Neutral | — | -1.9% | -0.5% |
| Nov 25, 2020 | LC | LendingClub Corporation | Financial Services | Upgrade | Underperform → Neutral | — | -0.5% | +7.6% |
| Nov 25, 2020 | FOXA | Fox Corporation | Communication Services | Maintains | Buy → Buy | — | -0.1% | -0.6% |
| Nov 25, 2020 | AON | Aon plc | Financial Services | Downgrade | Buy → Neutral | — | -0.2% | +0.1% |
| Nov 25, 2020 | CI | Cigna Corporation | Healthcare | Downgrade | Buy → Neutral | — | -0.0% | -1.4% |
| Sep 23, 2020 | AAPL | Apple Inc. | Technology | Maintains | Buy → Buy | — | -0.2% | -4.2% |
| Jun 8, 2016 | COF | Capital One Financial Corporation | Financial Services | Downgrade | Neutral → Underperform | — | -0.8% | -0.3% |
| May 11, 2016 | FIS | Fidelity National Information Services, Inc. | Technology | Upgrade | Neutral → Buy | — | +0.4% | -0.6% |
| May 10, 2016 | CROX | Crocs, Inc. | Consumer Cyclical | Upgrade | Neutral → Buy | — | +9.7% | +32.7% |
| Apr 27, 2016 | WWW | Wolverine World Wide, Inc. | Consumer Cyclical | Downgrade | Neutral → Underperform | — | -5.5% | -2.2% |
| Apr 27, 2016 | CMG | Chipotle Mexican Grill, Inc. | Consumer Cyclical | Maintains | Neutral → Neutral | — | -4.7% | -6.5% |
| Apr 27, 2016 | SYK | Stryker Corporation | Healthcare | Upgrade | Neutral → Buy | — | +0.7% | +0.5% |
| Apr 25, 2016 | DHR | Danaher Corporation | Healthcare | Maintains | Neutral → Neutral | — | -0.2% | +0.0% |
| Apr 22, 2016 | UAL | United Airlines Holdings, Inc. | Industrials | Downgrade | Buy → Neutral | — | -3.0% | -3.8% |
| Apr 22, 2016 | DHI | D.R. Horton, Inc. | Consumer Cyclical | Downgrade | Buy → Neutral | — | -0.8% | -2.0% |
| Apr 19, 2016 | GCO | Genesco Inc. | Consumer Cyclical | Downgrade | Buy → Neutral | — | -0.7% | -1.9% |
| Apr 18, 2016 | NTAP | NetApp, Inc. | Technology | Downgrade | Neutral → Underperform | — | -2.3% | -1.4% |
| Apr 15, 2016 | SMCI | Super Micro Computer, Inc. | Technology | Maintains | Buy → Buy | — | -14.4% | -19.5% |
| Apr 13, 2016 | MTH | Meritage Homes Corporation | Consumer Cyclical | Downgrade | Buy → Neutral | — | -1.1% | +2.4% |
| Apr 6, 2016 | HBAN | Huntington Bancshares Incorporated | Financial Services | Upgrade | Neutral → Buy | — | +1.1% | +1.4% |
| Apr 6, 2016 | FITB | Fifth Third Bancorp | Financial Services | Downgrade | Buy → Neutral | — | -1.2% | +0.3% |
| Apr 5, 2016 | FITBO | Fifth Third Bancorp | Financial Services | Downgrade | Buy → Neutral | — | — | — |
| Apr 5, 2016 | FITBI | Fifth Third Bancorp | Financial Services | Downgrade | Buy → Neutral | — | -0.2% | +0.7% |
| Apr 5, 2016 | XYL | Xylem Inc. | Industrials | Upgrade | Neutral → Buy | — | +1.1% | +0.6% |