For Immediate Release
Chicago, IL – February 24, 2012 – Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): National Fuel Gas Co. (NFG) and UGI Corp (UGI). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Greif, Inc. (GEF) and AptarGroup, Inc. (ATR).
Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs. +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.
Here is a synopsis of why NFG and UGI 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:
National Fuel Gas Co. (NFG) announced first-quarter profit of 73 cents per share on February 3 that missed analysts’ expectations by 14.12%. The Zacks Consensus Estimate for the current year slid to $2.49 per share from $2.77 per share in the last 30 days as next year’s estimate dipped 23 cents per share to $2.87 per share in that time span.
UGI Corp (UGI) posted a first-quarter profit of 77 cents per share on January 25, which came in 28 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $2.17 per share from $2.45 per share over the past month. For 2013, analysts expect a profit of $2.55 per share, compared to last month’s projection for a profit of $2.58 per share.
Here is a synopsis of why GEF and ATR 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;
Greif, Inc.’s (GEF) fourth-quarter profit of 64 cents per share, posted on December 7, lagged analysts’ projections by 8.57%. Estimate for current year slid 1 cent per share to $3.61 per share over a month as next year’s estimate dipped 1 cent per share to $4.24 per share in that time span.
AptarGroup, Inc. (ATR) reported a fourth-quarter profit of 57 cents per share on February 9 that fell 5% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.91 per share, compared with last month’s projection of $2.99 per share. Next year’s forecast dropped to $3.25 per share from $3.35 per share in the same period.
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About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (2.8% versus +9.7%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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