NEOGEN CORP (NEOG) - 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 PKE and NEOG 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:

Park Electrochemical Corp. ( PKE ) announced third-quarter profit of 26 cents per share on December 21 that missed analysts? expectations by 18.75%. The Zacks Consensus Estimate for the current year slid to $1.24 per share from $1.38 per share in the last 30 days as next year?s estimate dipped 14 cents per share to $1.61 per share in that time span.

Neogen Corporation ( NEOG ) posted a second-quarter profit of 22 cents per share on December 22, which came in 5 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to 95 cents per share from $1.08 per share over the past month. For 2013, analysts expect a profit of $1.10 per share, compared to last month?s projection for a profit of $1.27 per share.

Here is a synopsis of why TFM and WDFC 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;

The Fresh Market Inc ( TFM ) third-quarter profit of 19 cents per share, posted on November 30, lagged analysts? projections by 5%. Estimate for current year slid 4 cents per share to $1.06 per share over two months as next year?s estimate dipped 4 cents per share to $1.32 per share in that time span.

WD-40 Company ( WDFC ) reported a first-quarter profit of 42 cents per share on January 9 that fell 22.22% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.33 per share, compared with last month?s projection of $2.35 per share. Next year?s forecast dropped to $2.55 per share from $2.56 per share in the same period.
 
NEOGEN CORP ( NEOG ): Free Stock Analysis Report
 
PARK ELECTROCHE ( PKE ): Free Stock Analysis Report
 
FRESH MARKET ( TFM ): Free Stock Analysis Report
 
WD 40 CO ( WDFC ): 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: NEOG , PKE , TFM , WDFC

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