CHICAGO, Feb. 18, 2011 /PRNewswire/ -- Zacks.com releases
details on a group of stocks that are currently members of the
exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are
currently rated as a Zacks Rank #5 (Strong Sell): Flowers Foods,
Inc. (NYSE: FLO) and Synutra International, Inc.
(Nasdaq: SYUT). Further, Zacks announced #4 Rankings (Sell) on two
other widely held stocks: Randgold Resources Ltd. (ADR)
(Nasdaq: GOLD) and Carpenter Technology Corporation (NYSE:
CRS). To see the full Zacks #5 Rank List - Stocks to Sell Now
visit: http://at.zacks.com/?id=92
(Logo:
http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
Since inception in 1988, the S&P 500 has outperformed the
Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs.
+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 FLO and SYUT 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:
Flowers Foods, Inc.'s (NYSE: FLO) fourth-quarter earnings
of 34 cents per share, reported
earlier this month, came in 5 cents
short of analysts' expectations. Flower Food's full year sales
decreased 1.0%. For 2011, the Zacks Consensus Estimate moved down
8 cents to a profit of $1.59 per share over the past month as 9 out of
the 10 covering analysts cut back on projections. The following
year's forecast dropped 11 cents to
$1.70 per share in the same
period.
Synutra International, Inc. (Nasdaq: SYUT) posted a
third-quarter loss of 36 cents per
share on Feb 3 in contrast to the
Zacks Consensus Estimate for a loss of 20
cents. The full-year average forecast is pegged at a loss of
60 cents per share, which declined
from a loss of 42 cents per share in
the last 30 days. During that time, next year's estimate slid
20 cents to 43 cents per share in the
same time period.
Here is a synopsis of why GOLD and CRS 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;
Randgold Resources Ltd. (ADR)'s (Nasdaq: GOLD)
fourth-quarter earnings of 29 cents
per share, announced on Feb 7 missed
analyst's expectations by 48%. For 2011 the average forecast dipped
19 cents to $3.97 per share over the past month as 3 analysts
out of 7 revised downwards. The forecast for 2012 has seen a
decline of 9 cents which now stands
at $5.56 per share in a span of a
week.
Carpenter Technology Corporation (NYSE: CRS) reported
second-quarter earnings per share of 21
cents on January 25, while
analysts anticipated a profit of 24
cents. The Zacks Consensus Estimate for the current year
widened 12 cents to a profit of
$1.26 per share in the last 30 days
as 8 analysts out of 10 pulled back on expectations. Estimate for
next year is pegged at a profit of $2.74 per share, 4
cents worse than a month-ago projection.
Truly taking advantage of the Zacks Rank requires the
understanding of how it works. The free special report;
"Zacks Rank Guide: Harnessing the Power of Earnings Estimate
Revisions" is available to provide this insightful background.
Download a free copy now to prosper in the years to come at
http://at.zacks.com/?id=93
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate
revisions are the most powerful force impacting stock prices."
Since inception in 1988, #1 Rank Stocks have generated an average
annual return of +27%. During the 2000-2002 bear market, Zacks #1
Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%.
Also note that the Zacks Rank system has just as many Strong Sell
recommendations (Rank #5) as Strong Buy recommendations (Rank #1).
Since 1988, Zacks Rank #5 stocks have significantly underperformed
the S&P 500 (-0.9% versus +9%). Thus, the Zacks Rank system
allows investors to truly manage portfolio trading effectively.
Visit http://www.zacks.com/performance for information about the
performance numbers displayed in this press release.
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coverage of Zacks Rank Buy stocks and highlights those stocks
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which continues to outperform the market by nearly a 3 to 1 margin.
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Disclaimer: Past performance does not guarantee future
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Company: Zacks.com
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SOURCE Zacks Investment Research, Inc.