CAREER EDU CORP (CECO) - Profit Tracks
January 19 2012 - 7:00PM
Zacks
Since inception in 1988, the S&P 500 has outperformed the Zacks
#5 Rank List - Stocks to Sell Now by 80% annually (+2% versus
+10%). While the rest of Wall Street continued to tout stocks
during the market declines of the last few years, Zacks told
investors which stocks to sell or avoid.
Here is a synopsis of why AM and CECO have a Zacks Rank of #5
(Strong Sell) and should most likely be sold or avoided for the
next one to three months. Note that a #5 Strong Sell rating is
applied to 5% of all the stocks in the Zacks Rank universe:
American Greetings Corporation (AM) announced
third-quarter profit of 50 cents per share on December 22 that
missed analysts? expectations by 38.27%. The Zacks Consensus
Estimate for the current year slid to $2 per share from $2.65 per
share in the last 30 days as next year?s estimate dipped 80 cents
per share to $2.10 per share in that time span.
Career Education Corp. (CECO) posted a third-quarter
profit of 31 cents per share on November 9, which came in 3 cents
wider than the average forecast. The Zacks Consensus Estimate for
the full year fell to $2.15 per share from $2.18 per share over the
past month. For 2012, analysts expect a profit of 97 cents per
share, compared to last month?s projection for a profit of $1.04
per share.
Here is a synopsis of why GES and WDFC have a Zacks Rank of 4
(Sell) and should also most likely be sold or avoided for the next
one to three months. Note that a #4 Sell rating is applied to 15%
of all the stocks ranked by Zacks;
Guess?, Inc. (GES) third-quarter profit of 71 cents per
share, posted on November 30, lagged analysts? projections by
2.74%. Estimate for current year slid 1 cent per share to $3.07 per
share over a month as next year?s estimate dipped 9 cents per share
to $3.39 per share in that time span.
WD-40 Company (WDFC) reported a first-quarter profit of
42 cents per share on January 9 that fell 22.22% short of the Zacks
Consensus Estimate. The full-year average forecast is currently
$2.31 per share, compared with last month?s projection of $2.35 per
share. Next year?s forecast dropped to $2.53 per share from $2.56
per share in the same period.
AMER GREETINGS (AM): Free Stock Analysis Report
CAREER EDU CORP (CECO): Free Stock Analysis Report
GUESS INC (GES): Free Stock Analysis Report
WD 40 CO (WDFC): Free Stock Analysis Report
To read this article on Zacks.com click here.
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