Stock Upgrades, Downgrades From TheStreet.com Ratings

Stock quotes in this article: IVZ , MW , ZUMZ , WRI , CGX  

Weingarten Realty Investors(WRI Quote), a real estate investment trust, has been downgraded to hold. While the company has experienced revenue growth, is reasonably valued and has expanding profit margins, it has also been marked by deteriorating net income, generally poor debt management and disappointing return on equity.

Third-quarter EPS totaled 44 cents a share, down from $1.15 a share a year ago. This company has reported somewhat volatile earnings recently. But, TheStreet.com Ratings believes it is poised for EPS growth in the coming year. Weingarten's current return on equity was down slightly from a year ago and is below the industry average. Weingarten Realty Investors had been rated buy since October.

Consolidated Graphics(CGX Quote), a commercial printer, has been downgraded to hold. The company maintains a largely solid financial position and has enjoyed revenue growth, but it has also been marked by poor profit margins, a generally disappointing stock performance and unimpressive growth in net income.

Fiscal second-quarter earnings fell 3% to 13.3 million, or 98 cents a share. Revenue increased 11% to $259.7 million. While the company has reported somewhat volatile earnings recently, it appears to be poised for EPS growth in the coming year. Consolidated Graphics' share price has fallen 25.36% from a year ago.

In one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper than most other stocks in its industry. But due to other concerns, the stock is still not considered a good buy. Consolidated Graphics had been rated buy since January 2006.

Additional rating changes are listed below.

Stock Upgrades, Downgrades
Company Name Ticker Change New Rating Former Rating
Consolidated Graphics CGX Downgrade Hold Buy
Mens Wearhouse MW Downgrade Hold Buy
MFB Corp MFBC Upgrade Hold Sell
Spherion SFN Downgrade Hold Buy
Weingarten Realty Trust WRI Downgrade Hold Buy
World Acceptance WRLD Downgrade Hold Buy
Columbia Bancorp CBBO Downgrade Hold Buy
Parke Bancorp PKBK Downgrade Hold Buy
Zumiez ZUMZ Downgrade Sell Hold
Invesco IVZ Initiation Buy n/a
Source: TheStreet.com

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This article was written by a staff member of TheStreet.com Ratings.

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