We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Lululemon Athletica, Amazon, Perry Ellis International, PVH and Oxford Industries
Read MoreHide Full Article
For Immediate Release
Chicago, IL – Dec 8, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeLululemon Athletica (LULU - Free Report) , Amazon (AMZN - Free Report) , Perry Ellis International, Inc. , PVH Corp. (PVH - Free Report) and Oxford Industries, Inc. (OXM - Free Report) .
Shares of Lululemon Athletica surged over 7% on Thursday after the athleisure power posted strong Q3 earnings. This move helps show investors that retail and apparel is not doomed, especially if you look in the right places.
Lululemon stock hit a new 52-week intraday trading high of $73.84 per share after it reported an 8% climb in third-quarter comparable store sales. On top of that, the Canadian apparel company grew its direct-to-consumer sales by 26%.
Of course, the retail and apparel world has likely been altered permanently thanks to the likes of Amazon. But some companies within the apparel world are doing well.
Now, after Lululemon’s strong third-quarter, let’s take a look at three other apparel firms that might give retail investors confidence that if you find the right company, with the right fundamentals, this industry can still provide winning stocks.
1. Perry Ellis International, Inc.
This well-established men’s apparel company is currently a Zacks Rank #2 (Buy). On top of its high Zacks Rank, Perry Ellis also sports an overall “A” VGM grade, bolstered by “A” grades for both Value and Growth in our Style Scores system.
Last week, Perry Ellis reported fiscal third-quarter net income of $3.2 million, a nice improvement from the loss reported in the year-ago–period.
The company is currently trading at just 11.26x earnings, which marks a nearly 50% discount compared to the “Textile – Apparel” industry average. Furthermore, Perry Ellis’ 1.14 P/B ratio and P/S ratio of 0.45 not only compare favorably against its industry, but also help demonstrate that the company currently offers great value for investors right now.
What’s more, based on our Zacks Consensus Estimates, Perry Ellis’ Q4 revenues are projected to pop 11.81%, while the menswear company’s earnings are expected to soar 36.36%.
Before today’s 2% jump, shares of Perry Ellis gained 5.49% over the last four weeks, but the stock still rests below its 52-week high and could have more room to grow.
2. PVH Corp.
The owner of brands such as Calvin Klein and Tommy Hilfiger is currently a Zacks Rank #2 (Buy) and earned an overall “A” VGM score. Shares of PVH have surged nearly 48% since the start of the year, which crushes both its industry’s average and the S&P 500’s 15.86% climb. Still, in spite of their climb, PVH shares rest around $5 below their 52-week high.
At the end of November, PVH posted Q3 sales that rose 5% year-over-year. The company, in turn, raised its full-year sales guidance and now expects growth of 7%. Looking ahead to the fourth-quarter, our current Zacks Consensus Estimates call for PVH’s EPS to jump 16.40%, while we expect its revenues to hit $2.34 billion for the quarter, which would mark a 10.82% year-over-year increase.
PVH is currently trading at 17.13x earnings, which marks a discount compared to its industry’s average. On top of that, PVH’s 1.97 price to book ratio also rests below the industry average. The company’s 1.20 P/S ratio is also very competitive, besting the likes of rival Ralph Lauren, and helps further demonstrate PVH’s value to investors.
3. Oxford Industries, Inc.
Shares of this menswear company jumped past their previous 52-week high on Thursday, just days after Oxford Industries beat third-quarter earnings estimates. Oxford Industries reported quarterly net income of $1.1 million, up from a loss a year ago.
The owner of the Tommy Bahama, Southern Tide, and Lilly Pulitzer is currently a Zacks Rank #2 (Buy) and sports an overall “A” VGM grade—which is supported by “A” grades for both Value and Growth in our Style Scores system.
Oxford Industries’ fourth-quarter earnings are projected to climb nearly 50% and reach $0.94 per share, based on our current Zacks Consensus Estimates. Our estimates also call for the company’s Q4 sales to hit $294.23 million, which would mark a 12.71% year-over-year gain.
Oxford Industries’ P/E ratio currently matches the “Textile – Apparel” industry average of 19.61. The company’s 1.15 price to sales ratio fares well compared its industry’s average and helps demonstrate that Oxford Industries offers a solid return on investment.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting today, and for the next month, you can follow all Zacks’ private buys and sells in real time. Our experts cover all kinds of trades: value, momentum, ETFs, stocks under $10, stocks that corporate insiders are buying up, and companies that are about to report positive earnings surprises. You can even look inside portfolios so exclusive that they are normally closed to new investors.
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Lululemon Athletica, Amazon, Perry Ellis International, PVH and Oxford Industries
For Immediate Release
Chicago, IL – Dec 8, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeLululemon Athletica (LULU - Free Report) , Amazon (AMZN - Free Report) , Perry Ellis International, Inc. , PVH Corp. (PVH - Free Report) and Oxford Industries, Inc. (OXM - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
3 Apparel Stocks to Buy as LULU Hits New High
Shares of Lululemon Athletica surged over 7% on Thursday after the athleisure power posted strong Q3 earnings. This move helps show investors that retail and apparel is not doomed, especially if you look in the right places.
Lululemon stock hit a new 52-week intraday trading high of $73.84 per share after it reported an 8% climb in third-quarter comparable store sales. On top of that, the Canadian apparel company grew its direct-to-consumer sales by 26%.
Of course, the retail and apparel world has likely been altered permanently thanks to the likes of Amazon. But some companies within the apparel world are doing well.
Now, after Lululemon’s strong third-quarter, let’s take a look at three other apparel firms that might give retail investors confidence that if you find the right company, with the right fundamentals, this industry can still provide winning stocks.
1. Perry Ellis International, Inc.
This well-established men’s apparel company is currently a Zacks Rank #2 (Buy). On top of its high Zacks Rank, Perry Ellis also sports an overall “A” VGM grade, bolstered by “A” grades for both Value and Growth in our Style Scores system.
Last week, Perry Ellis reported fiscal third-quarter net income of $3.2 million, a nice improvement from the loss reported in the year-ago–period.
The company is currently trading at just 11.26x earnings, which marks a nearly 50% discount compared to the “Textile – Apparel” industry average. Furthermore, Perry Ellis’ 1.14 P/B ratio and P/S ratio of 0.45 not only compare favorably against its industry, but also help demonstrate that the company currently offers great value for investors right now.
What’s more, based on our Zacks Consensus Estimates, Perry Ellis’ Q4 revenues are projected to pop 11.81%, while the menswear company’s earnings are expected to soar 36.36%.
Before today’s 2% jump, shares of Perry Ellis gained 5.49% over the last four weeks, but the stock still rests below its 52-week high and could have more room to grow.
2. PVH Corp.
The owner of brands such as Calvin Klein and Tommy Hilfiger is currently a Zacks Rank #2 (Buy) and earned an overall “A” VGM score. Shares of PVH have surged nearly 48% since the start of the year, which crushes both its industry’s average and the S&P 500’s 15.86% climb. Still, in spite of their climb, PVH shares rest around $5 below their 52-week high.
At the end of November, PVH posted Q3 sales that rose 5% year-over-year. The company, in turn, raised its full-year sales guidance and now expects growth of 7%. Looking ahead to the fourth-quarter, our current Zacks Consensus Estimates call for PVH’s EPS to jump 16.40%, while we expect its revenues to hit $2.34 billion for the quarter, which would mark a 10.82% year-over-year increase.
PVH is currently trading at 17.13x earnings, which marks a discount compared to its industry’s average. On top of that, PVH’s 1.97 price to book ratio also rests below the industry average. The company’s 1.20 P/S ratio is also very competitive, besting the likes of rival Ralph Lauren, and helps further demonstrate PVH’s value to investors.
3. Oxford Industries, Inc.
Shares of this menswear company jumped past their previous 52-week high on Thursday, just days after Oxford Industries beat third-quarter earnings estimates. Oxford Industries reported quarterly net income of $1.1 million, up from a loss a year ago.
The owner of the Tommy Bahama, Southern Tide, and Lilly Pulitzer is currently a Zacks Rank #2 (Buy) and sports an overall “A” VGM grade—which is supported by “A” grades for both Value and Growth in our Style Scores system.
Oxford Industries’ fourth-quarter earnings are projected to climb nearly 50% and reach $0.94 per share, based on our current Zacks Consensus Estimates. Our estimates also call for the company’s Q4 sales to hit $294.23 million, which would mark a 12.71% year-over-year gain.
Oxford Industries’ P/E ratio currently matches the “Textile – Apparel” industry average of 19.61. The company’s 1.15 price to sales ratio fares well compared its industry’s average and helps demonstrate that Oxford Industries offers a solid return on investment.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting today, and for the next month, you can follow all Zacks’ private buys and sells in real time. Our experts cover all kinds of trades: value, momentum, ETFs, stocks under $10, stocks that corporate insiders are buying up, and companies that are about to report positive earnings surprises. You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.