Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- What is the Stock Market's Achilles Heel?
- 3 Dividend Stocks at Reasonable Prices
- RTI: Are You Doing the Elon Musk Trade?
- Buy These ETFs to Profit from "Sector Rotation"
- Oil & Gas Industry Stock Outlook - May 2013
- Uncharted Territory
- 4 Ways to Short Oil with ETFs
- Options Strategies & the Zacks Rank
- This Week's Growth & Income Stocks
- AWS 5/17: The Fed: The Only Game in Town
- PFP 5/17: The ONLY Investment Story
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
NBTY manufactures and distributes nutritional supplements in the United States and around the globe through retail stores, its website and wholesale.
The company offers 25,000 products under the name brands Vitamin World, Puritan's Pride, Holland & Barrett, Rexall, Sundown, Worldwide Sport Nutrition and GNC (UK), among others.
NBTY Surprised By 27% in the Fiscal Third Quarter
On July 28, NBTY reported fiscal third quarter results and surprised on the Zacks Consensus by 22 cents. Earnings per share were $1.03 compared to the consensus of 81 cents.
Sales rose 7% to $696 million from $652 million in the year ago quarter. All segments saw sales growth, with the Wholesale/US Nutrition division leading the divisions with a 10% increase to $435 million.
However, the company continued to see pressure from private label competition and expects this pressure to continue for the remainder of the year.
E-commerce saw a 7% increase and both retail segments, North America and Europe, saw increases of 3% and 1%, respectively. In North America, same store sales growth was 2%.
July Sales Climb 9%
On Aug 9, NBTY announced July monthly sales which jumped 9%. Again, it was led by the Wholesale/US Nutrition division which saw a 13% gain in the month.
North American retail also showed strength, gaining 10% while European retail was flat.
Zacks Consensus Estimates Rise
Analysts raised fiscal 2010 estimates after the big third quarter beat.
The full year consensus jumped 21 cents to $3.76 per share in the last month. Analysts expect earnings growth of 55% in fiscal 2010.
The outlook for fiscal 2011 isn't quite as bullish as earnings growth is forecast to be just 1.3%.
Still Has Value Fundamentals
In addition to a P/E which is less than 15, NBTY has a price-to-book ratio of 2.6, which is also well within value parameters.
The company has a stellar 1-year return on equity (ROE) of 20.1%, which easily trumps the industry average of 14.3%.
NBTY is now a Zacks #2 Rank (buy) stock.
Read the Mar 3, 2010 article.
Update to Previous Value Zacks Rank Buy Stocks
Lithia Motors, Inc. (LAD) has raised 2010 guidance twice this year as car sales have taken off. LAD is a rare value stock which also has growth as its PEG ratio stands at just 0.6. Read the full article.
HealthSpring Inc. (HS) is cheap as it trades at just 5.7x forward estimates. Yet the company just surprised on estimates for the fourth quarter in a row. Read the full article.
Trina Solar Limited (TSL) recently saw second quarter revenue rise 147% as shipments were higher than expected. TSL is trading at just 10.7x forward estimates. Read the full article.
The Finish Line, Inc. (FINL) has been cashing in on the hot shoe market as it has surprised on estimates the last 4 quarters by an average of 49.7%. The stock isn't very expensive, trading at just 10.5x forward estimates when the industry trades at 14x. Read the full article.
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor in charge of the market-beating Zacks Value Trader service. You can follow her at twitter.com/traceyryniec.