Here is a synopsis of why TDW and VLCCF 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:
Tidewater Inc. (TDW) announced a second-quarter earnings of 47 cents per share on November 3, which was 8 cents less than the Zacks Consensus Estimate. The full-year average forecast fell by 14 cents to a profit of 2.59 per share in the past 60 days. The following year?s estimate dropped by 3 cents to a profit of $3.97 per share in a span of 30 days.
Knightsbridge Tankers Limited?s (VLCCF) third-quarter earnings of 48 cents per share, reported on November 30, missed analysts? expectations by nearly 13%. The Zacks Consensus Estimate for 2010 fell 15 cents to $2.21 per share in the last couple of months as the covering analysts reduced forecasts. Next year?s estimate dipped 24 cents to $1.95 per share during that time.
Here is a synopsis of why SHLM and CETV 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;
A. Schulman, Inc. (SHLM) posted first-quarter earnings of 34 cents per share on January 5 while analysts expected 45 cents. The last week has seen downward revisions by 1of the 5 covering analysts, bringing the Zacks Consensus Estimate for 2011 down by a penny to a profit of $1.90 per share. For 2012, forecast slipped 8 cents to $2.15 per share in a span of 90 days.
Given Imaging Ltd. (GIVN) posted a third-quarter profit of 4 cents per share in November, which missed analysts? forecasts by 9 cents. The average forecast for 2010 fell by a penny to a profit of 28 cents per share from 29 cents over the past week as the covering analysts slashed expectations.
CENTL EUR MEDIA (CETV): Free Stock Analysis Report
SCHULMAN(A) INC (SHLM): Free Stock Analysis Report
TIDEWATER INC (TDW): Free Stock Analysis Report
KNIGHTSBRIDGE (VLCCF): Free Stock Analysis Report
Zacks Investment Research
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