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Zacks #1 Stocks on the Move 05/22/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 9.31% |
| SONIC FOUNDR | SOFO | 7.77% |
| TRI TECH HOL | TRIT | 6.62% |
| A M R CP | AAMRQ | 4.52% |
| FLOWERS FOOD | FLO | 4.31% |
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The company lowered its profit and sales guidance for fiscal 2012. It also expects same-store sales to remain flat or decline in the coming quarters. Although the company has undertaken some reformative measures like new marketing strategies and technological enhancements, we are concerned by the company's lack of exposure outside the U.S.
We maintain an Underperform rating on the stock. Our target price of $9.00 is based on a price-to-book multiple of 1.5x.
Read the full Analyst Report on PNRA