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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