This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Footwear Stocks With Upside

4. LaCrosse Footwear (BOOT), a developer and marketer of footwear for work and outdoor use, operates under the brands Danner and LaCrosse. The company distributes its products through a network of retailers and distributors, and internationally through its Danish subsidiary LaCrosse Europe ApS, and through distributors and retailers in Asia, Europe and Canada.

Of the four analysts covering the stock, two recommend a buy and one suggests a hold. The stock's average 12-month price target is $18.00, which is 40.5% higher than the current price, as per a Bloomberg consensus.

For the second quarter of 2011, BOOT reported net sales of $27.1 million, vs. $26.6 million in the same quarter prior year. For the first half of 2011 and the second quarter, the company's combined sales to its wholesale, direct and international channels increased 13%, vs. the same period last year. Also, the company's board approved and paid a quarterly dividend of 12.5 cents per share of common stock.

Looking ahead, the company believes that its enhanced e-commerce platforms will continue to expand its direct business and with the support of a talented development team it plans to launch a range of innovative products for spring 2012.

BOOT recently received a $15.4 million delivery order for the United States Marine Corps for Danner's USMC Rugged All-Terrain (RAT) hot-weather boot. The company expects to fulfill this order of RAT boots through multiple deliveries over the next several quarters.
5 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DECK $71.55 3.02%
CROX $15.48 9.55%
NKE $115.01 0.08%
SHOO $41.06 -1.58%
UA $99.28 0.47%

Markets

Chart of I:DJI
DOW 17,745.98 -5.41 -0.03%
S&P 500 2,108.63 +0.06 0.00%
NASDAQ 5,128.7850 +17.0520 0.33%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs