3. LJ International designs, brands, markets, distribute and retails a range of fine jewelry. Apart from specializing in the colored jewelry segment, it also offers high-end pieces set in yellow gold, white gold or sterling silver and adorned with colored stones, diamonds, pearls and precious stones. The company will announce its fourth-quarter and full-year 2010 results on March 21.
Net income for the fourth quarter is forecast at $3.6 million on sales of $42.5 million, compared to net income of $2.2 million on $39.2 million sales recorded during fourth-quarter 2009, according to analysts polled by Bloomberg. Earnings per share are seen at 45 cents for 2010, up from 15 cents per share reported during 2009. For 2011, earnings per share are likely to surge by 13% to 51 cents, analysts foresee.
The two analysts covering the stock recommend a buy. There are no sell ratings. Analysts polled by Bloomberg expect the stock to gain an average 106% in value from current levels, to $7.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV