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MULTI-FINELINE (MFLX) - Profit Tracks

By: Zacks.com
Posted: 12/23/2011 12:00:00 AM
Referenced Stocks: GEF;GIS;MFLX;SMG

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
 
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