GUESS INC (GES) - Profit Tracks

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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 LNCE and GES 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:

Snyder S Lance Inc ( LNCE ) announced third-quarter profit of 16 cents per share on November 3 that missed analysts? expectations by 30.43%. The Zacks Consensus Estimate for the current year slid to 75 cents per share from 82 cents per share in the last 60 days as next year?s estimate dipped 6 cents per share to $1.23 per share in that time span.

Guess?, Inc. ( GES ) posted a third-quarter profit of 71 cents per share on November 30, which came in 2 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $3.08 per share from $3.29 per share over the past month. For 2013, analysts expect a profit of $3.48 per share, compared to last month?s projection for a profit of $3.81 per share.

Here is a synopsis of why SNN and SYX 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;

Smith & Nephew plc ( SNN ) third-quarter profit of 81 cents per share, posted on November 4, lagged analysts? projections by 5.81%. Estimate for current year slid 1 cent per share to $3.64 per share over a month as next year?s estimate dipped 9 cents per share to $3.84 per share in that time span.

Systemax Inc. ( SYX ) reported a third-quarter profit of 30 cents per share on November 1 that fell 14.29% short of the Zacks Consensus Estimate. The full-year average forecast is currently $1.40 per share, compared with last two month?s projection of $1.53 per share. Next year?s forecast dropped to $1.65 per share from $1.74 per share in the same period.
 
GUESS INC ( GES ): Free Stock Analysis Report
 
SNYDERS-LANCE ( LNCE ): Free Stock Analysis Report
 
SMITH & NEPHEW ( SNN ): Free Stock Analysis Report
 
SYSTEMAX INC ( SYX ): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: GES , LNCE , SNN , SYX

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