Here is a synopsis of why CQB and SYUT have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:
Chiquita Brands International, Inc. (CQB)reported third quarter loss of 14 cents per share on November 2, which was 50 cents wider than the Zacks Consensus Estimate. It reported comparable loss of $7 million, per diluted share. The average forecast for the current year fell to a profit of $1.14 per share from $ 1.65 over the past month as all the three covering analysts slashed expectations.
Synutra International, Inc. (SYUT)reported second quarter loss of 37 cents per share on November 4, which lagged analysts? projections by 76%. The Zacks Consensus Estimate for the current year stands at a loss of 46 cents per share that dropped 22 cents over the past week as the two covering analysts slashed projections. Expectations for the next year fell 30 cents to aprofit of 61 cents per share in the same time period.
Here is a synopsis of why ZEP and FUN have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;
Zep, Inc. (ZEP)reported fourth quarter earnings per share of 33 cents per share on October 11, which missed the Zacks Consensus Estimate by 5 cents. The full year average forecast fell 10 cents to a profit of $1.25 per share in the past couple of months reflecting cuts by 4 out of 5 analysts.
Cedar Fair, L.P. (FUN)reported third -quarter earnings of $1.65 per share on November 2, which was a penny less than the average forecast. The Zacks Consensus Estimate for the current year fell 12 cents to a profit of 61cents per share in the last week as 1 analyst out of 4 revised downward.
CHIQUITA BR INT (CQB): Free Stock Analysis Report
CEDAR FAIR (FUN): Free Stock Analysis Report
SYNUTRA INTL (SYUT): Free Stock Analysis Report
ZEP INC (ZEP): Free Stock Analysis Report
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.