STONEMOR PTNRS (STON) - Profit Tracks
May 09 2011 - 8:00PM
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 XL and STON 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:
XL Group plc?s (XL) first-quarter loss per share of 52
cents, announced on May 3, decreased nearly 18% on a year-over-year
basis. This apart, earnings missed analysts? expectations also by
18%. The Zacks Consensus Estimate for the full year declined to a
profit of 7 cents per share from $1.37 over the past week as 9 out
of the 15 covering analysts reduced expectations. Next year?s
forecast slipped 6 cents to $2.15 per share in the same time
span.
StoneMor Partners L.P. (STON ) posted a fourth-quarter
loss of 20 cents per share on March 29, which came in 8 cents wider
than the average forecast. The Zacks Consensus Estimate for the
full year fell to a loss of $0.17 per share from $0.04 over the
past month as 1 out of the 2 covering analysts slashed forecasts.
For 2012, analysts expect a loss of $0.12 per share, compared to
last month?s projection for a profit of $0.03 per share.
Here is a synopsis of why NKE and NYT 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;
NIKE, Inc. (NKE) announced third-quarter earnings per
share of $1.08 on Mar 17 that lagged the Zacks Consensus Estimate
by nearly 4%. The full-year average forecast moved down 14 cents to
a profit of $4.32 per share in the last 60 days, Estimate for next
year dipped 25 cents to $4.76 per share in the same period.
The New York Times Company (NYT) reported first-quarter
earnings of 2 cents per share on Apr 21, which was 33% short of the
average forecast. The diluted earnings per share fell 50% as
compared to results of last year. The Zacks Consensus Estimate for
2011 declined 4 cents to 50 cents per share over the past month as
4 out of the 5 covering analysts revised downward. Next year?s
estimate slid 4 cents to 66 cents per share during the same
period.
NIKE INC-B (NKE): Free Stock Analysis Report
NY TIMES A (NYT): Free Stock Analysis Report
STONEMOR PTNRS (STON): Free Stock Analysis Report
XL GROUP PLC (XL): Free Stock Analysis Report
Zacks Investment Research
XL Fleet (NYSE:XL)
Historical Stock Chart
From May 2024 to Jun 2024
XL Fleet (NYSE:XL)
Historical Stock Chart
From Jun 2023 to Jun 2024