INGRAM MICRO (IM) - Profit Tracks
November 10 2011 - 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 AMZN and IM 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:
Amazon.com, Inc. (AMZN)announced third-quarter profit of
14 cents per share on October 25 that missed analysts? expectations
by 39.13%. The Zacks Consensus Estimate for the current year slid
to $1.16 per share from $1.90 per share in the last 30 days as next
year?s estimate dipped $1.10 per share to $2.01 per share in that
time span.
Ingram Micro Inc. (IM) posted a third-quarter profit of
33 cents per share on October 27, which came in 2 cents wider than
the average forecast. The Zacks Consensus Estimate for the full
year fell to $1.58 per share from $1.77 per share over the past
month. For 2012, analysts expect a profit of $1.97 per share,
compared to last month?s projection for a profit of $2.16 per
share.
Here is a synopsis of why IFF and ENR 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;
International Flavors & Fragrances Inc. (IFF)
third-quarter profit of $1 per share, posted on November 8, lagged
analysts? projections by 3.85%. Estimate for current year slid 11
cents per share to $3.77 per share over a month as next year?s
estimate dipped 18 cents per share to $4.13 per share in that time
span.
Energizer Holdings, Inc. (ENR) reported a fourth-quarter
profit of $1.10 per share on November 8 that fell 12% short of the
Zacks Consensus Estimate. The full-year average forecast is
currently $6.19 per share, compared with last month?s projection of
$6.22 per share. Next year?s forecast dropped to $6.92 per share
from $7.10 per share in the same period.
AMAZON.COM INC (AMZN): Free Stock Analysis Report
ENERGIZER HLDGS (ENR): Free Stock Analysis Report
INTL F & F (IFF): Free Stock Analysis Report
INGRAM MICRO (IM): Free Stock Analysis Report
Zacks Investment Research
Ingram Micro A (NYSE:IM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ingram Micro A (NYSE:IM)
Historical Stock Chart
From Jul 2023 to Jul 2024