Janney Montgomery Scott Maintains a 'Neutral' on Aeropostale, Inc. (ARO); Q4 Beat, Guidance Conservative; Spring Product Looks Improved
Tweet
Share
E-mailGet Alerts ARO Hot Sheet
Price: $0.15 --0%
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Janney Montgomery Scott maintains a 'Neutral' on Aeropostale, Inc. (NYSE: ARO) price target raised from $14 to $20.
JMS analyst says, "ARO reported 4Q11 EPS beat of $0.44 versus the Street at $0.38 and compared to management's guidance range of $0.35 to $0.38. The company reported a -9% comp for 4Q11...Based on our channel checks, we continue to witness stock-outs in color skinny leg denim, as we believe ARO's low $25 and $18 price points are capturing market share of teen wallet. We continue to believe that ARO's high promotional levels coupled with cost pressures will continue to pressure margins during the first half of the year, but we expect significant margin recovery in the back half as product costs will be down significantly."
"We are raising our FY12 and FY13 EPS estimates to $1.25 from $1.08 (versus the Street at $1.18) and to $1.45 from $1.36 (versus the Street at $1.45), respectively."
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $18.95 yesterday.
JMS analyst says, "ARO reported 4Q11 EPS beat of $0.44 versus the Street at $0.38 and compared to management's guidance range of $0.35 to $0.38. The company reported a -9% comp for 4Q11...Based on our channel checks, we continue to witness stock-outs in color skinny leg denim, as we believe ARO's low $25 and $18 price points are capturing market share of teen wallet. We continue to believe that ARO's high promotional levels coupled with cost pressures will continue to pressure margins during the first half of the year, but we expect significant margin recovery in the back half as product costs will be down significantly."
"We are raising our FY12 and FY13 EPS estimates to $1.25 from $1.08 (versus the Street at $1.18) and to $1.45 from $1.36 (versus the Street at $1.45), respectively."
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $18.95 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fiserv (FISV) PT Lowered to $60 at Freedom Broker
- Sansera Engineering Ltd (SANSERA:IN) PT Raised to INR4,250 at ICICI Securities
- BofA Securities Resumes American Eagle Outfitters (AEO) at Underperform
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Janney Montgomery ScottSign 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!
