Nomura Securities on Retailing/Specialty Stores: April Sales Review - M & AEO Top Picks
Tweet Send to a FriendGet Alerts M Hot Sheet
Price: $48.67 +1.65%
Rating Summary:
9 Buy, 5 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
9 Buy, 5 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade M Now!
Nomura Securities on Retailing/Specialty Stores: April Sales Review
Analyst, Paul Lejuez, said, "April was certainly weaker than the last couple of months from a top-line perspective, in part due to weather and the earlier Easter. Still, no company in our coverage group missed earnings for 1Q. Macy's (NYSE: M) & American Eagle (NYSE: AEO) remain our top picks."
Aéropostale (NYSE: ARO) (Neutral): 2012E/2013E EPS from $1.22/$1.59 to $1.42/$1.71; PT from $18 to $20 (~5x F13E EBITDA)
The Gap (NYSE: GPS) (Neutral): 2012E/2013E EPS from $2.06/$2.34 to $2.15/$2.40; PT from $22 to $25 (~5x F13E EBITDA)
Limited (NYSE: LTD) (Buy): 2012E/2013E EPS from $2.96/$3.37 to $3.01/$3.46; PT from $50 to $55 (8.5x F13E EBITDA)
Ross Stores (Nasdaq: ROST) (Buy): 2012E/2013E EPS remain $3.51/$3.98
TJ Cos (NYSE: TJX) (Buy): 2012E/2013E EPS from $2.49/$2.77 to $2.50/$2.77
Wet Seal (Nasdaq: WTSLA) (Neutral): 2012E/2013E EPS from $0.15/$0.16 to $0.11/$0.13
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, Paul Lejuez, said, "April was certainly weaker than the last couple of months from a top-line perspective, in part due to weather and the earlier Easter. Still, no company in our coverage group missed earnings for 1Q. Macy's (NYSE: M) & American Eagle (NYSE: AEO) remain our top picks."
Aéropostale (NYSE: ARO) (Neutral): 2012E/2013E EPS from $1.22/$1.59 to $1.42/$1.71; PT from $18 to $20 (~5x F13E EBITDA)
The Gap (NYSE: GPS) (Neutral): 2012E/2013E EPS from $2.06/$2.34 to $2.15/$2.40; PT from $22 to $25 (~5x F13E EBITDA)
Limited (NYSE: LTD) (Buy): 2012E/2013E EPS from $2.96/$3.37 to $3.01/$3.46; PT from $50 to $55 (8.5x F13E EBITDA)
Ross Stores (Nasdaq: ROST) (Buy): 2012E/2013E EPS remain $3.51/$3.98
TJ Cos (NYSE: TJX) (Buy): 2012E/2013E EPS from $2.49/$2.77 to $2.50/$2.77
Wet Seal (Nasdaq: WTSLA) (Neutral): 2012E/2013E EPS from $0.15/$0.16 to $0.11/$0.13
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
- Morgan Stanley Says Tesla (TSLA) 'Top Pick in U.S. Autos'
- Topeka Capital Raises Google (GOOG) Target to $999, Co. on 'Forefront of Innovation'
- Goldman Sees Blockbuster Potential for Bristol-Myers Squibb's (BMY) Nivolumab (PD-1)
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change, Retail SalesRelated Entities
Nomura, Earnings
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!
