SAFETY INS GRP (SAFT) - Profit Tracks
March 14 2012 - 8:00PM
Zacks
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 PJC and SAFT 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:
Piper Jaffray Companies (PJC) announced fourth-quarter
profit of 11 cents per share on January 25 that missed analysts?
expectations by 42.11%. The Zacks Consensus Estimate for the
current year slid to $1.78 per share from $2.05 per share in the
last 60 days as next year?s estimate dipped 10 cents per share to
$2.28 per share in that time span.
Safety Insurance Group, Inc. (SAFT) posted a
fourth-quarter profit of 31 cents per share on March 8, which came
in 28 cents wider than the average forecast. The Zacks Consensus
Estimate for the full year fell to $3 per share from $3.05 per
share over the past month. For 2013, analysts expect a profit of
$3.08 per share, compared to last month?s projection for a profit
of $3.15 per share.
Here is a synopsis of why FOE and JCI 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;
Ferro Corporation (FOE) fourth-quarter loss of 8 cents
per share, posted on February 29, lagged analysts? projections by
166.67%. Estimate for current year slid 13 cents per share to 51
cents per share over a month as next year?s estimate dipped 4 cents
per share to 78 cents per share in that time span.
Johnson Controls, Inc. (JCI) reported a first-quarter
profit of 60 cents per share on January 19 that fell 3.23% short of
the Zacks Consensus Estimate. The full-year average forecast is
currently $2.74 per share, compared with last two month?s
projection of $2.98 per share. Next year?s forecast dropped to
$3.35 per share from $3.59 per share in the same period.
FERRO CORP (FOE): Free Stock Analysis Report
JOHNSON CONTROL (JCI): Free Stock Analysis Report
PIPER JAFFRAY (PJC): Free Stock Analysis Report
SAFETY INS GRP (SAFT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Piper Jaffray Companies (NYSE:PJC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Piper Jaffray Companies (NYSE:PJC)
Historical Stock Chart
From Jul 2023 to Jul 2024