KeyBanc Raises Estimates on New York & Co (NWY); Favorite Stock within Trifecta
Tweet Send to a FriendGet Alerts NWY Hot Sheet
Price: $4.80 --0%
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 15 | New: 29
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 15 | New: 29
Trade NWY Now!
KeyBanc maintains a 'Hold' on New York & Co (NYSE: NWY).
Analyst, Edward Yruma, said, "New York & Company remains our favorite stock within our trifecta of inexpensive EV/sales turnaround retailers. Within this cohort we lump NWY, The Wet Seal, Inc. (NASDAQ: WTSLA), and Pacific Sunwear of California, Inc. (NASDAQ: PSUN) - all three have EV/sales < 0.4x. However, NWY seems to be the one that has taken the most decisive steps to reorient its merchandise on its core customer (WTSLA seems to be still engaged on its discovery process and PSUN remains mired in its turnaround)."
Yruma raises estimates on NWY, but remains on the sidelines.
For an analyst ratings summary and ratings history on New York & Co click here. For more ratings news on New York & Co click here.
Shares of New York & Co closed at $4.24 yesterday, with a 52 week range of $2.25-$5.85.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Edward Yruma, said, "New York & Company remains our favorite stock within our trifecta of inexpensive EV/sales turnaround retailers. Within this cohort we lump NWY, The Wet Seal, Inc. (NASDAQ: WTSLA), and Pacific Sunwear of California, Inc. (NASDAQ: PSUN) - all three have EV/sales < 0.4x. However, NWY seems to be the one that has taken the most decisive steps to reorient its merchandise on its core customer (WTSLA seems to be still engaged on its discovery process and PSUN remains mired in its turnaround)."
Yruma raises estimates on NWY, but remains on the sidelines.
For an analyst ratings summary and ratings history on New York & Co click here. For more ratings news on New York & Co click here.
Shares of New York & Co closed at $4.24 yesterday, with a 52 week range of $2.25-$5.85.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Topeka Capital Upgrades Pacific Sunwear of California (PSUN) to Buy
- KeyBank Upgrades MDC Holdings (MDC); Cuts PulteGroup (PHM) & Ryland Group (RYL)
- The ExOne Company (XONE) Metal Opportunity to Keep Stock Going - FBR
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS ViewRelated Entities
KeyBanc
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
