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UNISOURCE ENRGY (UNS) - Profit Tracks

By: Zacks.com
Posted: 3/30/2012 1:00:00 AM
Referenced Stocks: BGC;CWT;QUAD;UNS

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 CWT and UNS 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:

California Water Service Group ( CWT ) announced fourth-quarter profit of 4 cents per share on February 29 that missed analysts? expectations by 77.78%. The Zacks Consensus Estimate for the current year slid to $1.06 per share from $1.12 per share in the last 30 days as next year?s estimate dipped 4 cents per share to $1.13 per share in that time span.

UniSource Energy Corp. ( UNS ) posted a fourth-quarter profit of 22 cents per share on February 27, which came in 4 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $2.25 per share from $2.48 per share over the past two months. For 2013, analysts expect a profit of $2.80 per share, compared to last two month?s projection for a profit of $2.90 per share.

Here is a synopsis of why QUAD and BGC 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;

Quad/Graphics, Inc. ( QUAD ) fourth-quarter profit of 63 cents per share, posted on February 29, lagged analysts? projections by 37%. Estimate for current year slid 30 cents per share to $1.80 per share over a month as next year?s estimate dipped 62 cents per share to $1.82 per share in that time span.

General Cable Corporation ( BGC ) reported a fourth-quarter profit of 30 cents per share on February 8 that fell 18.92% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.57 per share, compared with last month?s projection of $2.64 per share. Next year?s forecast dropped to $3.51 per share from $3.44 per share in the same period.
 
GENL CABLE CORP ( BGC ): Free Stock Analysis Report
 
CALIF WATER SVC ( CWT ): Free Stock Analysis Report
 
QUAD GRAPHICS ( QUAD ): Free Stock Analysis Report
 
UNISOURCE ENRGY ( UNS ): Free Stock Analysis Report
 
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