MULTI-FINELINE (MFLX) - Profit Tracks

By
A A A
Share |

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 GEF and MFLX 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:

Greif, Inc. ( GEF ) announced fourth-quarter profit of 64 cents per share on December 7 that missed analysts? expectations by 8.57%. The Zacks Consensus Estimate for the current year slid to $3.70 per share from $4.33 per share in the last 30 days as next year?s estimate dipped 62 cents per share to $4.29 per share in that time span.

Multi-Fineline Electronix, Inc. ( MFLX ) posted a fourth-quarter profit of 18 cents per share on November 3, which came in 15 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.45 per share from $1.89 per share over the past two months. For 2013, analysts expect a profit of $2.04 per share, compared to last two month?s projection for a profit of $2.03 per share.

Here is a synopsis of why GIS and SMG 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;

General Mills, Inc. ( GIS ) second-quarter profit of 76 cents per share, posted on December 20, lagged analysts? projections by 3.80%. Estimate for current year slid 1 cent per share to $2.60 per share over a month as next year?s estimate dipped 1 cent per share to $2.83 per share in that time span.

The Scotts Miracle-Gro Company ( SMG ) reported a fourth-quarter profit of 46 cents per share on November 8 that fell 2.22% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.80 per share, compared with last two month?s projection of $3.21 per share. Next year?s forecast dropped to $3.32 per share from $3.78 per share in the same period.
 
GREIF INC ( GEF ): Free Stock Analysis Report
 
GENL MILLS ( GIS ): Free Stock Analysis Report
 
MULTI-FINELINE ( MFLX ): Free Stock Analysis Report
 
SCOTTS MIRCL-GR ( SMG ): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research



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: GEF , GIS , MFLX , SMG

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

89,970,926
  • $16.15 ▲ 0.12%
77,131,582
  • $58.94 ▼ 1.31%
67,336,935
  • $26.56 ▲ 1.68%
48,814,124
  • $86.20 ▲ 0.02%
47,526,126
  • $23.21 ▲ 0.78%
44,660,424
  • $23.91 ▲ 6.36%
38,799,699
  • $4.289 ▲ 4.36%
36,199,890
  • $40.01 ▼ 0.97%
As of 4/17/2014, 04:07 PM